China Corporate Lens

Semiconductor

Alibaba Unveils Next-Generation AI Chip, Positioned Between NVIDIA A800 and H20

Semiconductor

Seven-Year-Old Memory Unicorn Hosin Global Heads for Hong Kong IPO, Valuation Tops 10 Bn Yuan

Auto

China’s Auto Industry Profit Margin Hits Record Low as NEV Costs Erode Earnings

Real Estate

Poly Developments Becomes First A-Share Developer to Apply for Commercial Real Estate REITs

China’s Retail Pharmacy Industry Sees Profit Recovery in 2025 Amid Strategic Transformation

PV

Aftermath of PV Industry Expansion: Multiple Companies Face Government Recalls and Project Terminations

AI Chip

Chinese AI Chip Firm Iluvatar CoreX Unveils Three-Year Roadmap to Progressively Benchmark NVIDIA Products

China Stocks

Behind Linglong Tire’s Halt of Hong Kong Listing: Gross Margin Under Pressure, Stock Price Below Net Asset Value

AI

Alibaba Releases Qwen3-Max-Thinking Model, Claims Performance Comparable to GPT-5.2

Gold

Zijin Mining Plans Major Acquisition of African Gold Mines in Its Largest Deal Yet

M&A

Anta Sports Acquires Nearly 30% Stake in Puma, Becomes Largest Shareholder

AI

Chinese AI Model Startup StepFun Secures Over RMB 5 Bn in B+ Round to Accelerate AI Terminal Strategy

Gold

CMOC Completes Over $1 Bn Acquisition of Four Gold Mines in Brazil, Annualized Output Could Reach 8 Tons

AI

Chinese New Year Red Envelope Battle Shifts to AI – Tencent Yuanbao Splashes 1 Bn Yuan, Baidu Pours 500 Mln Yuan

AI

Tencent Tests Yuanbao’s New AI-Driven Social Networking Features