China Deep Dive

China’s Three Major Airlines Turn Collective Profit in Q3 for First Time Since Pandemic

Ele.me App Renamed “Taobao Flash Sale” – What Strategy is Alibaba Playing?

Logistics

STO Express Completes 362 M Yuan Acquisition of Danniao Logistics, Another Step Forward in Alibaba’s Strategic Adjustment

Auto

Geely Invests in Renault Brazil to Pursue Localized Production and Sales of New Energy Vehicles

Boyu Capital Acquires Starbucks China Operating Rights for $4 Bn, Plans to Expand to 20,000 Stores

Lithium

Chengxin Lithium Halts Hong Kong IPO, Turns to Onshore Private Placement Amid 14-Year High Debt Ratio

Auto

BYD Unveils Japan-Specific Electric K-Car at Tokyo Motor Show, Targets Niche Market

Semiconductor

Nexperia Netherlands Stops Supplying Wafers to China, Nexperia China Accelerates New Wafer Testing

Chinese Home Furnishing Companies Look Overseas for Opportunities as Domestic Growth Bottleneck Emerges

Auto

Li Auto to Voluntarily Recall Over 10,000 MEGA Vehicles After Fire Incident

Mindray Posts Revenue Turning Point in Q3, Eyes Full-Year Growth Fueled by International Markets

Auto

BYD’s Q3 Revenue and Net Profit Decline Amid Slower Price Cuts and Surging R&D Spending

Real Estate

Shenzhen Metro Provides Additional 2.2 Bn Yuan Rescue Loan to China Vanke After Chairman Change

China’s Express Delivery Industry Sees Price War Ease in Q3 Amid “Anti-Involution” Drive

Liquor

Chinese Liquor Makers Deliver Worst Q3 Reports in Ten Years Amid Weak Market Demand