The Chinese tech giant already counts more than 100 carmakers and various automotive industry players as partners.
A consortium of CK Infrastructure, CK Asset Holdings and Power Assets Holdings is acquiring the largest natural gas network company in Northern Ireland. The deal is expected to be completed by the end of April.
Charles Li, former head of the Hong Kong stock exchange, wants to bring its model of financing for a cut of daily revenue to Southeast Asia as early as the fourth quarter.
Further discounts offered by carmakers in a price war in mainland China’s electric vehicle market could ensnare even the likes of top seller BYD, Goldman Sachs says.
Carlson Tong Ka-shing, a veteran accountant and former head of the city’s market regulator, will work with CEO Bonnie Chan, as the exchange grapples with low market turnover and a decline in new listings.
SenseTime’s shares gained as much as 36 per cent after the company launched the latest iteration of its SenseNova large language model.
Launched in 2006, Baidu Baike gained popularity partly because access to Wikipedia was unreliable and eventually blocked in China.
The German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market.
Apple saw iPhone sales in China decline 19.1 per cent in the first quarter, while Huawei achieved sales growth of nearly 70 per cent, according to Counterpoint.
Net profit for the January-to-March period came in at HK$2.97 billion (US$380 million), or HK$2.35 per share, beating a consensus estimate of a 14 per cent decline and improving on the fourth quarter of 2023 by 14 per cent.
Hong Kong stocks rose for a third day after earnings optimism drove the benchmark Hang Seng Index to a five-month high.
The world’s largest crypto exchange saw its share of bitcoin trading outside the US drop to 55 per cent from 81 per cent, according to a research firm.
Chinese farmers are keeping the fewest pigs for breeding since 2020, raising hopes of sustained profitability after years of losses. But the turnaround may not speak to the broader economy, analysts say.
The open-source technology, which can be used to build smartphone chips and advanced processors, is being used by major Chinese tech firms.
Tesla launch of ‘new models’ by early 2025 in an advanced timeline would use its current platforms and production lines
CSRC’s new chief Wu Qing has sought to improve corporate governance and close deep valuation discounts in a bid to revive investors’ faith in China’s US$9 trillion stock market and these bold moves have met with some early success.
Alibaba scales back an ambitious business overhaul plan and bids farewell to a turbulent year, as its founders call on employees to embrace changes.
Even in the absence of the buying restrictions, a healthy supply and elevated interest rates mean the city’s infamously expensive house prices are unlikely to return to the kind of breakneck growth seen in the past, analysts say.
Reaching a sufficient scale and the low cost of carbon-removal credits remain as major challenges for making microalgae a viable decarbonisation technology.