COMPANY NEWS

Hillhouse Eyes $6B Acquisition of Starbucks China Amid Fierce Local Competition

Hello Teams Up with Ant and CATL to Launch Robotaxi Venture, Joining China’s Autonomous Driving Race

Meituan Expands Instant Retail, Scales Back Community Group-Buying in Loss-Making Regions

Humanoid Robot Startup Galbot Raises RMB 1.1 Bn in New Round Led by CATL

Huawei Allocates 20% of Revenue to R&D, Ramps Up Investment Amid US-China Tech Rivalry

Alibaba’s Ele.me Logistics Head and Former CEO Detained Over Alleged Supply Chain Corruption

Hillhouse to Cut Stake in LONGi After RMB 9.8 Bn Loss, Ending Four-Year Bet on Solar Giant

Pop Mart Falls Over 15% from Peak as Labubu Restock Spurs Secondary Market Crash

Two Chinese NEV Makers Consider Building Plants in Mexico, May Opt for Joint Ventures

Two Foreign Insurance Asset Management Companies Approved for Establishment, Foreign Insurers’ Market Share Reaches 9%, Says Official

Shanjin International Plans Hong Kong Listing, Follows Zijin Mining Amid Gold Boom

Unitree Boosts Registered Capital 125-Fold, Completes Series C Fundraising Led by Tencent, Alibaba