TECH

Meituan’s Q4 Revenue Grows Over 20% YoY, New Business Losses Narrow, Overseas Expansion Accelerates

Hong Kong Launches Low-Altitude Economy Regulatory Sandbox, SF Express, Meituan Among Pilot Participants

Goldman Sachs Predicts Over 70,000 LEO Satellites to Launch Globally in Five Years, 53,000 to Come From China

GAC Establishes Subsidiary to Launch New Auto Brand with Huawei

Midea’s Entry into Humanoid Robot Sector Expected, Midea Can Leverage Supply Chain Resources – UBS

Dobot Atom Humanoid Robot Priced Below 200,000 Yuan, Much Lower Than Industry Mainstream Range

Apple Supplier Lens Technology Expected to Complete Hong Kong IPO in Jul – Aug, Aims to Raise $1-1.5 Bn – Sources

Tencent Bought Large Amount of GPUs at End of 2024, Sufficient to Meet GenAI Demand in 2025, Says Management

BYD’s “God’s Eye” Poses Challenge to Tesla in China’s Autonomous Driving Race – Barclays

Tencent’s Q4 Net Profit Surges 90%, Annual Capex Rises 221% to Record High, Plans to Buy Back At Least HK$80 Bn Shares

Global Institutional Investors’ Interest in Chinese Assets Surges, Start Increasing Exposure – BofA Survey

Investors in North America, Emerging Market Never So Optimistic About Chinese Stocks in Past Four years – JPMorgan

BYD’s New Charging System Takes EV Development to Critical Turning Point, China’s NEV Penetration to Reach 50% This Year – Morgan Stanley

China’s Gaming Market Revenue Grows 12.3% YoY in Feb, AI Model DeepSeek Enters Industry

Tencent Music’s Q4 Profit Up 43%, New Online Earnings Model Boosts Ad Revenue