Alibaba to invest 380 bn yuan in cloud, AI infrastructure over next three years, setting record for private company in China
Volkswagen, CATL expand battery collaboration, to jointly develop battery-swapping models for China market
Alibaba hits three-year high on strong earnings results, AI investment plan; banks raise target prices
Goldman Sachs raises Bilibili (9626.HK)’s target price to HK$185, highlights strong advertising business
NIO denies rumors of 50% layoffs amidst ongoing negative publicity, aims to achieve profitability this year