Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
€
BYD now sells over 40% of its cars outside China
Overseas shipments jumped 71% in the first half to more than 790,000 vehicles, accounting for 44% of total sales
€
CXMT's first-half revenue soared as AI fueled a global memory chip shortage
The Chinese chipmaker posted net profit of 77.6 billion yuan in its first earnings report since going public in July
€
DeepSeek's founder's hedge fund is snapping up pre-IPO stakes in China's chip and robotics boom
High-Flyer Quant secured allocations in CXMT and Unitree Robotics before their blockbuster Shanghai debuts
€
Novo Nordisk is seeking Chinese approval for its oral weight loss pill
China's drug regulator accepted Novo Nordisk's application for an oral version of Wegovy as the Danish company competes with Eli L…
€
Z.ai stock surged after launching an AI model running entirely on Chinese chips
The company says it handled all online traffic for the model on 100,000 domestically made chips, a claim CNBC could not independen…
€
Former Professor Becomes Billionaire As China Bolsters Its Semiconductor Supply Chain
Liu Jianfang quit his teaching job at China’s Jilin University in 2019 to focus full-time on his semiconductor component maker GK …
€
Z.ai shares surge 8% after releasing new AI model running only on Chinese chips
The Chinese AI company said it had already launched the model globally in stealth mode for a week.
€
China's Moonshot AI is seeking a revenue cut from Microsoft, Amazon, and Google
The Beijing-based startup wants up to 30% of revenue from Kimi K3-related services on Azure, AWS, and Google Cloud, unnamed source…
€
China's short-drama producers flood the market with cheap bets — and let audiences pick the winners
The short-drama model offers an alternative to traditional entertainment, but rising distribution costs and audience-retention cha…
€
Thomson Reuters built its own AI model on Chinese open-source tech to slash AI costs
The company spent $40 million to build Thomson, which is based on an open-source model from Chinese tech giant Alibaba
€
Electrifying The Military - Could Batteries Replace Oil Soon?
Electrification of warfare has outrun that of the military. Advances are underway, but China's advantage is large in hybrid/EVs. M…
€
James Lew, Actor And Stuntman On 3 John Carpenter Films, Dies At 73
James Lew, a prolific actor and stuntman whose credits include stunts on director John Carpenter’s classics "Big Trouble in Little…
€
China’s Robot Boom Tests Investor Discipline
China’s robot boom hits a frenzy as Unitree’s IPO jumps to a $50 billion valuation, raising questions about revenue, risk and how …
€
Chip maker YMTC is filing for a $4.9 billion IPO on Shanghai's stock market
The Wuhan-based memory chip maker plans to issue new shares equal to 10% to 12% of its post-offering capital, with proceeds earmar…
€
Alibaba is raising $10 billion in Hong Kong's biggest-ever share sale for AI
The Chinese tech company sold 710 million shares at HK$112.70 each, with demand from institutional investors nearly tripling the o…
€
Tesla is leading China's biggest-ever EV recall over hidden emergency door handles
Nine automakers, including Xiaomi and Xpeng, will recall a combined 4.3 million vehicles and push software updates to address hard…
€
China Orders Tesla’s Largest-Ever Recall For Nearly 3 Million Cars
Another 2 million vehicles were subject to a separate, overlapping recall.
€
Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target
Pop Mart shares fall after announcing first-half earnings.
€
Once Asia’s Richest Man, Evergrande Founder Hui Ka Yan Sentenced To Life In Prison
Almost five years after Evergrande triggered a property crisis in China, its disgraced founder Hui Ka Yan has been sentenced to li…
€
China is defying the global bond yield surge, boosting its diversification appeal
Chinese government bond yields have remained low amid a global surge.
€
China landed a reusable rocket booster on land for the first time, closing in on SpaceX
LandSpace's Zhuque-3 rocket touched down in Gansu province on Wednesday, following a sea-based recovery by a different rocket last…
€
Unitree Robotics stock soared in Shanghai debut as China's first listed humanoid robot maker
The Hangzhou-based humanoid robot maker closed at 845 yuan on Wednesday, giving it a market value of around $50 billion
€
Unitree’s Blockbuster Debut Vaults Billionaire Founder Into Ranks Of China’s Richest Tech Moguls
Chairman and CEO Wang Xingxing’s fortune surged nearly sevenfold to $16 billion as investors bet on China’s leading humanoid robot…
€
What Chinese liquor maker Moutai's slump says about the country's economy
Kweichow Moutai's half-year report showed a rare drop in net profit, following the first annual drop on record.