COMPANY NEWS

Major Chinese Carmakers Commit to Shortening Supplier Payment Term to 60 Days; BYD Joins the Effort

Tencent Music Acquires Ximalaya for $1.26 Billion; Ximalaya Once Valued at Up to $4.3 Bn

JD.com Quietly Pushes into Hotel and Travel Market to Challenge Meituan’s Stronghold

China’s Largest Domestic Compute Power Merger Complete – Hygon Information and Sugon Merge via Share Swap

China Evergrande’s RMB 11.3 Bn in Distressed Assets Up for Sales Amid Accelerated Liquidation Efforts

Seazen Seeks to Restart Offshore Bond Sales, Leading China’s Private Developer Comeback – Source

Another Chinese Lithium Battery Giant Seeks Hong Kong Listing, EVE Energy Plans to Issue H-Shares to Power Global Expansion

Extended 618 Shopping Festival Struggle to Boost GMV, Meituan’s Instant Retail Shakes Up E-Commerce

Model Inference Service Startup SiliconFlow Secures Hundreds of Millions Yuan in Series A Funding, Led by Alibaba Cloud

China’s Innovative Drug Stocks Continues to Rally on ASCO Highlights and Global Deals

Starbucks China Cuts Price on Dozens of Products, Pushes into Non-Coffee Beverage Market

First Boeing Jet Delivered to China Since Tariff War, Boeing Says Deliveries to China Have Resumed

Rio Tinto and China Baowu’s Western Range Project Starts Production, First Fully Operational China-Australia Joint Iron Ore Venture in 20 Years

China Vanke Borrows from Major Shareholder for Fifth Time This Year, Shenzhen Metro Injects Total Nearly 15 Bn Yuan

Robot Vacuum Maker Roborock Plans Hong Kong Listing to Boost Global Expansion