Unitree CEO Wang Xingxing said demand for humanoid robots surged in 2024, with some firms’ orders “exploding” amid strong policy backing and AI momentum. Speaking at a Shanghai forum, he identified ...

Xpeng Motors shares surged over 7% to HKD 80.6 after its flying car subsidiary, Xpeng AeroHT, achieved a major milestone. Its "Land Carrier" flying vehicle (X3-F) Production Certificate (PC) ...

Mongolia’s Egune AI has raised USD 3.5 million from Golomt Bank, bringing its valuation to USD 38.5 million. The funding will support the expansion of AI tools developed in the Mongolian language and ...

NEVs made up 51.5% of China's April 2025 retail sales, the first time the segment has overtaken combustion models. Exports rose 44.2% YoY, led by BYD, Tesla, and Chery. With 67.7% of global NEV share ...

China’s Sany Heavy Industry is targeting RMB 100 billion in overseas revenue by 2027, as international markets play a growing role in its business. A proposed USD 1.5 billion Hong Kong IPO would fund ...

Hoyoverse, a subsidiary of Mihoyo and the creator of Genshin Impact, saw sales fall 23% in 2024 as newer titles reportedly cannibalized older ones. Co-founder and CEO Cai Haoyu has since stepped back ...

Mengniu Dairy’s 2024 profit fell 97.8% YoY to RMB 105 million as goodwill impairments and weak milk sales dragged results. Its infant formula business remains under pressure, but new policies and a ...

China’s Sany Heavy Industry is targeting RMB 100 billion in overseas revenue by 2027, as international markets play a growing role in its business. A proposed USD 1.5 billion Hong Kong IPO would fund ...

CATL will exclude US onshore investors from its planned Hong Kong IPO, opting for a Reg S structure to limit legal exposure. Expected to raise at least USD 4 billion, the closely watched listing faces ...

Chinese firms are expanding into the Middle East to hedge against trade tensions and tap new markets. Hong Kong startup Nexx Global, backed by CK Asset, will partner with Qatari logistics firm Milaha ...

US President Donald Trump said US-China talks in Geneva marked a “total reset,” with “great progress made.” Despite the upbeat tone, no specific outcomes were announced after officials met for eight ...

NEVs made up 51.5% of China's April 2025 retail sales, the first time the segment has overtaken combustion models. Exports rose 44.2% YoY, led by BYD, Tesla, and Chery. With 67.7% of global NEV share ...