MARKET
NIO to deliver 150-kWh solid-state battery in Q4, shares jump nearly 5% in Hong Kong
Chinese electric vehicle maker NIO is jumping nearly 5% in Hogn Kong, after the company on Thursday said it will deliver 150-kWh solid-state battery pack in the fourth quarter.
TikTok owner ByteDance reportedly sharply downsized recruitment plan for next year
TikTok owner ByteDance has reportedly downsized its recruitment plans for next year as the company taps the breaks on expansion.
China’s video game revenue fell in H1 for first time in 14 years
Chinese video games sector’s revenue declined in the first half of 2022 for the first time since the data was made available 14 years ago amid Beijing’s tightening oversight.
NetEase’s Cloud Village reaches licensing agreement with South Korea’s YG Entertainment
Cloud Village Inc, music-streaming unit of NetEase, on Thursday said that it has entered into a licensing agreement for digital music distribution with South Korea’s YG Entertainment Inc, granting NetEase Cloud Music the right to distribute YG Entertainment’s music catalog in China.
China’s newly built solar power capacity surged 137% on year in first half, set to hit new record in 2022
China built nearly 31 gigawatts (GW) of new solar power capacity in the first half of the year, surging 137% from a year earlier, with full-year installations on course to hit a new record high, said Wang Bohua, the honorary chairman of the China Photovoltaic Industry Association, said on Thursday.
