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China’s automobile manufacturer NIO announces that charging services will be provided in 41 cities from this week. Mobile charging service will cost RMB 380 each time and public charging points will cost RMB 280 each time.
According to China’s largest movie ticketing website Maoyan, Avengers: Endgame' presales in China has exceeded RMB 400 mln, breaking tickets sales records.
Tianhong’s Yuebao realized a total profit of RMB 6.559 bln in Q1, with an average daily return of more than RMB 72.87 mln for its investors.
Tianhong Fund’s revenue was RMB 10.125 bln in 2018, up 6.18% YoY while net profit was RMB 3.069 bln, up 15.82% YoY. both ranking first in the industry.
Tencent approved by authorities in Guangdong Province to sell Nintendo Switches in China.
China’s S.F. Holding and Hong Kong-based Golden Resources Development have established a joint venture GS EXPRESS to provide comprehensive logistic solutions in Vietnam.
China’s voice recognition technology firm iFlytek generated RMB 8.067 bln in revenue in 2018, up 48.16% YoY. CICC raises iFlytek’s target price by 16% to RMB 36 due to its good performance in Q1.