The Omicron COVID-19 variant, which appears more transmissible but less pathogenic than earlier strains of the coronavirus, has caused a surge in demand for nucleic acid testing in China this year. However, false positives have frequently been reported.
Recently, Chinese nucleic acid testing companies have been controversial and accused of making huge profits during the COVID-19 pandemic. Among them, a company called Nucleus Gene has aroused widespread public doubts.
On November 16, at its third quarter performance meeting, a senior executive of Chinese Internet giant Tencent responded to questions related to the establishment of a joint venture with China Unicom, a Chinese state-owned telecommunications operator.
Xiaomi's vehicle manufacturing business has been established for more than a year now, and related rumors have emerged one after another from within the industry.
Leading global research platform Hurun Research Institute released its Hurun China Rich List 2022 on November 8. Zhang Yiming, the founder of TikTok's parent company ByteDance, ranked second, and Robin Zeng, the chairman of battery giant CATL, ranked third.
The R&D strength of Chinese game developers is increasingly gaining recognition among global industry giants. And Microsoft is increasing investment to search for more Chinese game developers.
Following reports that Chinese regulators are requiring domestic banks and some state-owned enterprises to check their exposure to Fosun and related enterprises, the private investment company responded on September 14 that the news is totally false.
The current plan suggests that on September 19, or 9/19, a day with symbolic meaning, the Civil Aviation Administration of China (CAAC) will issue the airworthiness certificate for the C919 in Beijing.
On September 7, Hanma Technology, which focuses on the manufacturing of heavy-duty trucks, reiterated that it would cease its production of fuel vehicles in 2025 and instead enter the field of new energy heavy-duty trucks.
On September 7, Soho China, a commercial real estate developer listed on the Hong Kong Stock Exchange, announced that Pan Shiyi has resigned as Chairman of the Board while Zhang Xin resigned as CEO of the company.
On August 19, Dongguan Qingshuiwan Phase II Venture Capital Partnership (Limited Partnership) was formally established, the newest venture capital firm funded by Tencent.
Tencent carried out a few structural, duty and personnel adjustments within its Financial Consumer Rights Protection Committee.
Pylontech, an energy storage battery systems provider based in China, released a proposal of private placement on Thursday evening, raising no more than 5 billion yuan ($748.08 million).
Airbnb announced plans to suspend reservations for domestic services in China from July 30, 2022. For hosts in China using Airbnb, Chinese local homestay platforms have quickly taken responsive measures.
Niu Technologies responded that the company is actively seeking possible solutions to protect the interests of its stakeholders.
Beijing-based social media platform Weibo became the sixth Chinese company to be added to a delisting watchlist by the U.S. Securities and Exchange Commission (SEC) on Wednesday.
Officials in Beijing held a press conference on Friday morning, during which Li Kuiwen, spokesperson of the General Administration of Customs, disclosed that China's foreign trade has achieved rapid growth in the previous year.
The Hurun Research Institute released a report entitled "2021 Hurun China Private Companies SDG Readiness 100" on Monday.
The Guangzhou Development and Reform Commission issued the "14th Five-Year Plan" document on Wednesday, designed for the innovation and development of intelligent and new energy vehicles.
Autohome responded that the layoffs are a normal organizational adjustment and optimization, and that no more than 5% staff were reduced, refuting various online claims.