BRIEF: Kingsoft Office first-quarter profit soars on investment gains
Software developer Kingsoft Corp. Ltd. (3888.HK) said on Monday that its Beijing Kingsoft Office Software Inc. (688111.SH) subsidiary expects to report its net income totaled between 2.02 billion yuan ($296…
Auto parts platform Casstime sets IPO course on EV hopes
The operator of a digital hub for automotive components and services is seeking a Hong Kong listing, citing plans to expand its coverage to meet rising demand Key Takeaways: Casstime…
From software to the skies, China’s self-sufficiency drive meets economic reality
A key government document on rare earths was created using homegrown Chinese word processing software. And China's homegrown C919 regional jet has suffered a setback.
Beijing software pivot puts Kingsoft in focus. But can it deliver?
A government announcement on a document using the company’s word processing program stirred expectation for accelerated import substitution in software systems Key Takeaways: The Chinese government’s use of Kingsoft word…
BRIEF: Kingsoft Office’s first-quarter profit climbs 10%
Kingsoft Corp. Ltd. (3888.HK) said on Wednesday that its Beijing Kingsoft Office Software Inc. (688111.SH) subsidiary’s revenue rose 6.2% year-on-year to 1.3 billion yuan ($1.78 million) in the first quarter,…
JST Group shows there’s still growth potential in China’s tough e-commerce market
The country’s largest provider of ERP software as a service for e-commerce has filed a second time to list in Hong Kong, reporting its revenue grew more than 30% last…
MiniMax scores big new funds, but likely to need more in expensive AI race
The AI company is reportedly close to securing $250 million in new cash, attracting investors with its deep talent pool and growing stable of products Key Takeaways: AI company MiniMax…