BYD started construction of new battery plant in Wenzhou city

Chinese automaker and battery producer BYD has started construction of a new battery plant in Wenzhou, in east China’s Zhejiang province, raising
Chinese automaker and battery producer BYD has started construction of a new battery plant in Wenzhou, in east China’s Zhejiang province, raising
Chinese automaker BYD Company said that the reported price cut in some Chinese regions are promotional activities conducted by dealers, and the carmaker itself has not considered a price cut.
Chinese e-commerce giant Alibaba Group is planning to promote its buy-online, pick-up-in-store business through the merger of the restaurant review service under its food delivery platform Ele.me with its digital mapper AutoNavi, Chinese news outlet Yicai reported citing a source familiar with the matter.
Chinese food delivery giant Meituan has posted job advertisement and launched the recruitment of couriers in the city, according to the company’s
Zhejiang China Commodities City Group, the e-commerce services provider to the world’s largest wholesale market for small commodities in Yiwu, introduced its
Chinese electric vehicle maker Li Auto on Wednesday launched Li L7, a five-seat flagship family sport utility vehicle it wants to rival cars like Tesla’s Model Y.
Meng Wanzhou will begin her term as the rotating chairperson of Huawei Technologies on April 1, state-backed Shanghai Security News reported on Wednesday.
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Chinese search engine giant Baidu surged 15.3% to close at HK$166.3 in Hong Kong on Tuesday, marking the highest level since February
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A new drug for the treatment of brain tumors manufactured by Grand Pharmaceutical Group (HK: 0512) has been given the green light by Chinese regulators.
Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said that its revenue in January jumped 48.2% from a year earlier to a record high of T$660.4 billion ($22 billion), up 4.9% from previous month.
Chinese heavy equipment manufacturer Sany Heavy Industry said its 2022 net profit is expected to reach 4 – 4.6 billion yuan, slumping 66.76% – 61.77% from the previous year.
Chinese electric vehicle maker NIO is offering discounts of up to 100,000 yuan ($14,903) on some model under its latest promotion plan,
China three largest state-owned airlines are expected to have lost combined 103.3 billion yuan in 2022, expanding by 152% from that in the previous year.
China’s electric vehicle battery giant CATL opened over 6% higher at 479.37 yuan, hitting the highest in nearly five months, before paring gains to 5.3%.
Tencent Holdings’ fourth-quarter revenue was expected to grow by 1% year over year, fueled mainly by the recovery of international game business
China Mobile should continue to lead the 5G/ mobile segment, while it’s expected to catch up to China Telecom in terms of cloud
CNOOC, China’s largest state-owned offshore oil driller, said it aims to achieve a record production of 650 – 660 million barrels of oil equivalent (boe) in 2023, with domestic production to account for 70% and overseas production 30%, according to a filing to the Hong Kong Stock Exchange outlining its annual strategic outlook.
China’s e-commerce giant Alibaba Group has signed a cooperation agreement with the municipal government of Hangzhou, where the company is headquartered, signaling government support for the platform economy’s growth in a healthy, regulated way, local government-backed Zhejiang Daily reported on Tuesday.
Foxconn’s plant in Zhengzhou, capital of central China’s Henan province, is operating at full capacity, with current capacity returning to peak level in high season, reported state broadcaster CCTV.
Tencent-backed WeDoctor plans to file for an initial public offering by the end of April, the latest sign of increased capital activity from China’s internet companies amid improving regulatory environment.
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Chinese electric vehicle maker Li Auto’s total car deliveries in December are expected to jump above 20,000 units, said Liu Jie, vice
NIO has lowered its guidance for fourth-quarter deliveries citing challenges caused by the Covid outbreak. The carmaker now expects to deliver 38,500
Chinese tech giant Tencent will step up its efforts in cost reduction and efficiency enhancement, said chairman Pony Ma at an internal staff meeting last Thursday, according to mainland news outlet Jiemian News.