Aug 14, 2020 06:28 AM- Baidu Quarterly Revenue Dips 1% With Ad Sales Under Pressure
- Chinese search engine operator still posts 48% jump in second-quarter net income as streaming service iQiyi reports rising revenue and subscribers
Aug 14, 2020 06:27 AM- Hong Kong Airport to Resume Transit Flights From Mainland
- Easing of pandemic restrictions will last until Oct. 15 but doesn’t include transit services to mainland cities, airport authority says
Aug 14, 2020 06:12 AM- China Mobile Takes On China Broadcasting Network as 5G Partner
- World’s largest mobile telecom operator is to build and operate the new wireless network while China Broadcasting Network is to contribute funding in project planned for next year
Aug 14, 2020 03:43 AM- NetEase Posts Strong Second-Quarter Earnings on Gaming Growth
- Earnings jump 48% to beat estimates on 25.9% revenue gain as internet giant also benefits from strong growth in online music
Aug 13, 2020 20:11 PM- Huawei Aims to Best Samsung in Display Circuits
- Tech giant’s strategy targets better image performance for its products against major competitors
Aug 13, 2020 20:06 PM- JD.com Invests More in Real-Life Retail With Stake in Convenience Store Chain
- E-commerce company buys 20% of operator of Fook convenience stores for $4.5 million
- Aug 13, 2020 20:03 PM
- Vaccine-Maker CanSino’s Stock Jumps Nearly 88% in STAR Market Debut
- Investors now value the first firm to test a Covid-19 vaccine on humans at more than $14 billion
Aug 13, 2020 19:38 PM- Home Computing Trends Reboot Lenovo Profits During Global Pandemic
- World’s No. 2 PC-maker posts 31% profit growth and 7% revenue rise in its latest reporting quarter, reversing declines in the previous three-months
- Aug 13, 2020 03:43 AM
- Huawei Vows to Whack Cost of Lidar on Self-Driving Cars
- Chinese tech giant plans to offer laser-based distance detection systems for about a 10th the price charged by the current industry leader, smart auto division chief says
Aug 12, 2020 20:18 PM- Tesla Sets Up Its First Overseas Insurance Brokerage in China
- Tesla plans to set insurance rates based on driver profiles built with data from its cars
Aug 12, 2020 20:06 PM- Tencent Profits Accelerate as Gaming Business Bounces Back
- Internet giant’s profits rose 37% in the second quarter, while revenue was up 29%
Aug 12, 2020 19:57 PM- Xiaomi Faces ‘Complex’ Global Environment Heading Into Its Second Decade
- CEO and co-founder Lei Jun makes the assessment as Chinese tech products face growing pushback in markets from the U.S. to India
Aug 11, 2020 19:58 PM- Tencent Pushes for Creation of $10 Billion Livestreaming Juggernaut
- Tech giant proposes merger of Huya and DouYu, which have a combined 80% share of China’s gaming livestream market
Aug 11, 2020 19:37 PM- Tencent-Backed China Literature Posts Massive Loss, Citing ‘Structural Issues’
- Online literature provider faces double threat from unhappy authors and a growing industry trend toward free-to-read products
Aug 11, 2020 19:29 PM- After a Year in Reverse, New-Energy Vehicles Sales Return to Growth
- Clean vehicle sales rose 19.3% year-on-year in July, though the annual figure is expected to show slight contraction compared with 2019
Aug 11, 2020 06:00 AM- GSX Techedu Continues Under Short-Selling Pressure in New York
- Chinese tutoring service falls almost 10% Monday as short seller Citron Research repeats financial reporting fraud allegation amid pressure on accounting from U.S. lawmakers
Aug 10, 2020 20:52 PM- Sunac Joins Trend of Developers Spinning Off Property Management Units
- China’s fourth-largest property developer by sales announces plan to list Sunac Service in Hong Kong
Aug 10, 2020 20:47 PM- International Flights Bring Rash of New Infections to Shanghai
- China’s commercial capital reported 18 new Covid-19 cases on Sunday, a high not seen since April 11 when 51 infected people arrived in the city
Aug 10, 2020 19:53 PM- Xpeng Becomes Latest Chinese Electric-Car Maker to Seek U.S. IPO
- Filing comes a week after peer Li Auto’s strong debut on Nasdaq
Aug 10, 2020 19:25 PM- China’s Swelling Oil Refining Capacity Adds to Industry Excess
- Capacity will likely increase to 1 billion tons by 2025 from 860 million tons in 2019, even as profits plummet
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