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1 Latest News
  • 2019/04/24 09:22:22
    2019/04/24 09:22:22
    Huawei plans to operate a 5G Open Lab in Seoul next month. The company, having purchased about USD 10 bln of equipment from Korean companies last year, is seeking the opportunity to cooperate with telecommunication service providers SK telecom and KT.
    2019/04/24 09:21:59
    Chinese ride-sharing company Didi starts to provide taxi-hailing service in Tokyo and Kyoto. Didi’s app supports real-time Japanese-Chinese translation, and is available for Alipay and WeChat payments.
    2019/04/24 07:25:49
    Chinese telecommunication equipment company ZTE and high-tech company Insigma Group will jointly develop 5G technology in the fields of rail transit and medical treatment.
    2019/04/24 07:25:21
    CICC raises Country Garden’s target price by 15.5% to HKD 15.54 and maintains a ‘Buy’ rating.
    2019/04/24 07:24:03
    Chinese emerging smartphone manufacturer Realme announces the plan to enter domestic market. Established in 2018, the brand has well performed in overseas markets including India, Singapore, and Egypt.
    2019/04/24 07:22:02
    China’s coffee delivery brand Coffee Box has raised RMB 206 mln and broke-even this month.
    2019/04/24 07:18:06
    Britain’s National Security Council allows Huawei to help build 5G network such as antennas and other “non-core” infrastructure.
    2019/04/24 07:17:44
    Tencent takes a stake in Argentina’s mobile payment app Uala, following Goldman Sachs and two billionaires George Soros and Steve Cohen.
    2019/04/24 07:16:23
    ByteDance suffers losses up to USD 500,000 per day as a result of India's ban on Tik Tok.
    2019/04/24 07:14:22
    According to Chinese company information provider Qichacha, Huawei has established a wholly-owned subsidiary Habo Tech & Investment with registered capital of RMB 700 mln.
    2019/04/24 07:13:22
    Chinese online property listing platform Beike Zhaofang sues Anjuke, an online real estate marketplace for stealing data and claims RMB 100 mln compensation.
    2019/04/24 07:09:43
    Lenovo launches their latest Z6 Pro Phone with a starting price of RMB 2,899. Packing with the vlog editor VUE, the new phone is to deliver customized features to consumers.
    2019/04/24 07:01:36
    Nasdaq-listed New Oriental Education & Technology Group announces their Q3 results for fiscal year 2019, during which the company’s net revenue was USD 796.7 mln, up 28.9% YoY, higher than the market forecast.
    2019/04/24 06:59:30
    Ministry of Industry and Information Technology predicts that China’s new energy vehicles’ output may exceed 1.5 mln units this year.
    2019/04/24 06:58:10
    According to QuestMobile, as of March, Chinese mobile phone users spent nearly 6 hours a day on the mobile Internet, and short videos hit the most views, taking up 36.6% of the total Internet viewing time.
    2019/04/24 06:56:25
    Xiaomi launches their new Mi TV priced from RMB 1,099 to RMB 3,999 with 4 versions. The full-screen TV is equipped with Xiaomi’s own PatchWall AI system and powered by the quad-core 64-bit processor.
    2019/04/24 06:56:09
    French fashion group SMCP partners with JD.com, aiming to expand their online business in Chinese market. SMCP’s brands Sandro and Maje have already operated online flagship stores via JD’s platform.
    2019/04/24 06:55:26
    China Unicom announces to form the 5G International Cooperation Alliance with 8 international telecommunications companies including British Telecom, Spain's Telefonica, and Japan’s NTT.
    2019/04/24 06:38:34
    China Unicom announces to form the 5G International Cooperation Alliance with 8 international telecommunications companies such as British Telecom, Spain's Telefonica, and Japan’s NTT.
    2019/04/24 06:36:26
    Alibaba officially launches the program of copyright protection for videos, making the upcoming Avengers: Endgame movie as their first protected target. Relying on the digital governance system, this program will crack down on pirated videos with the help of film distributors.
    2019/04/24 06:35:59
    British fashion and culture media brand Dazed Media will cooperate with YOHO!, a Chinese streetwear e-commerce platform, to launch Dazed China. The two companies will explore businesses of media licensing, fashion resources, and e-commerce platforms.
    2019/04/23 05:46:20
    2019/04/23 05:46:20
    Hong Kong’s Chong Mei Tobacco has injected USD 20 mln into a Chinese e-cigarette developer Bink, and will provide technical and resource support.
    2019/04/23 05:45:56
    ByteDance-backed online education platform Gogokid is undergoing massive layoffs. Another ByteDance’s tutoring product aiKID has stopped operating for 4 months.
    2019/04/23 05:45:17
    Chinese plastic surgery social network SoYoung Technology plans to issue 13 mln American depositary shares or 10 mln Class A common shares priced between USD 11.8 to USD 13.8 to raise at least USD 153 mln. According to their updated prospectus, the company achieved revenue of RMB 206 mln in Q1, up 81.8%.
    2019/04/23 05:44:46
    Starbucks’ Chinese competitor Luckin Coffee files for US IPO and intends to list under the symbol “LK”. The company achieved revenue of RMB 480 mln while recorded a loss of RMB 530 mln in Q1.
    2019/04/23 05:44:22
    Tencent-backed live-streaming platform Douyu has applied to list on the New York Stock Exchange under the symbol “DOYU” to raise up to USD 500 mln. In 2018, the company achieved revenue of RMB 3.65 bln, up 93.8%, and the gross profit was RMB 151mln.
    2019/04/23 05:42:41
    Chinese TV producer Beijing Enlight Media releases their annual report. In 2018, the company generated revenue of RMB 1.49 bln, down 19.09% YoY. The net profit was RMB 1.37 bln, up 68.47% YoY.
    2019/04/23 05:40:38
    Shanghai has announced as China’s first city to pilot 5G commercial use with 500 5G base stations. Shanghai municipal government signs a memorandum of strategic cooperation with China Unicom today, in which China Unicom promises to invest RMB 15 bln in the deployment of Shanghai’s 5G network by 2021.
    2019/04/22 09:39:19
    2019/04/22 09:39:19
    China will enhance policy support to promote qualified futures firms to go public in the country
    2019/04/22 09:38:18
    Industrial robot giants Efort targets mainland IPO
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