Regarding the recent rumors of Jack Ma selling a large amount of Alibaba Group stocks, Jiang Fang, a partner and Chief Talent Officer at Alibaba Group, posted on the company's internal network today stating that "Jack Ma did not sell a single share."
Global asset management giant Vanguard confirms its withdrawal from China and the closure of its offices in the country.
Chinese EV maker Zeekr submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) today, preparing for listing on the New York Stock Exchange with the stock symbol "ZK".
On November 9th, Li Auto held a financial report meeting. During the meeting, Li Auto's CEO, Li Xiang, once again mentioned Huawei.
On November 7th, BEST Inc. announced that its board of directors had received a preliminary non-binding offer from a buyer consortium consisting of Alibaba, Cainiao, and the company's founder, Zhou Shaoning, to acquire all of the issued ordinary shares.
WeWork China says it will not be affected by WeWork's bankruptcy filing in the US.
On October 31st, the trial of Lin Qi, the founder of YOOZOO Interactive, who was poisoned to death, began.
Baichuan Intelligent Technology has completed its Series A1 strategic financing round, raising over 300 million US dollars. Tech giants such as Alibaba, Tencent, Xiaomi, and several top investment institutions have all participated in this round of financing.
WM Motor has recently officially applied for bankruptcy review, and the handling court is Shanghai Third Intermediate People's Court.
On September 22nd, Faraday Future announced that the board of directors has appointed Matthias Aydt as the global CEO of FF.
On September 11th, Kaixin Auto announced that it has signed a non-binding letter of intent for acquisition with WM Motor.
NETA to invest $40 million in Hong Kong Science Park (HKSP) for new HQ and R&D.
SMIC and others surged over 5% at the opening due to the sudden release of Huawei Mate 60 Pro.
The DJI Automotive is seeking external financing, with an estimated valuation of up to $1.5 billion.
Baidu's Q2 saw revenue and profit growth, with Robin Li exploring generative AI and large language model opportunities.
DP Technology secures 100 million US dollars funding, advances AI for science.
Tencent's net profit in the second quarter increased by 33% year-on-year, and the usage time of video accounts nearly doubled.
Tencent Music Entertainment Group experiences a mix of joy and worry in Q2, with paid users reaching 99.4 million but social entertainment declining significantly.
The new energy intelligent heavy truck company ZERON has announced the completion of a ＄19 million Pre-A round of financing.
Missfresh secures $27 million in new financing, with stock price surging over 100%.