Huawei revenue hits record high as first-half profit falls 36.8% amid surging R&D costs
Huawei’s first-half revenue rose 9.6% to a record high, but profit fell sharply amid higher R&D…
A $137,000 cancer shot brings foreign patients to China
China is attracting foreign patients with faster treatment, lower costs and access to therapies unavailable in…
Startup NovaFusionX raises $165 million to advance FRC fusion technology
Meituan Longzhu and Hillhouse double down as new strategic backers join, fueling the 16-month-old company’s quest…
China’s first AI-generated TV drama debuts, sending Mango Excellent Media shares surging
China’s first AI generated content long-form series without human actors sparks rally in media stocks as…
China’s battery supply chain hit by rare wave of price increases fueled by new consumption tax
From materials to cells, China’s battery industry is facing an unusual wave of price increases as…
Didi’s domestic strength masks overseas drag
Chinese ride-hailing giant posts 8.14 billion yuan domestic profit in first half of 2026, but overseas…
Chinese startup Coolfly takes personal flight a step closer to reality
Hangzhou-based company is betting that lighter, simpler aircraft can bring personal flying to consumers, backed by dual-redundant…
Energized by profit growth, Zenergy Battery targets Shenzhen IPO
The mid-tier EV battery maker is turning to domestic investors to finance an aggressive capacity expansion…
HKC’s $57 billion market rout exposes the risks of China’s display boom
Shares in the display maker have fallen more than 68% from their post-IPO peak as investors see…
China opens ‘robot kindergartens’ to prepare children and machines for a shared AI future
China is building the infrastructure for embodied AI to learn from real-world experience while preparing students…
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