INDUSTRY BRIEF: China smartphone shipments sink 4% in second quarter
Smartphone shipments in China fell 4% in the second quarter, ending six consecutive quarters of growth, as the effects of government subsidies started to fade and manufacturers cleared out inventory,…
Tinci Materials eyes Hong Kong listing, hoping investors see past its sagging profits
The lithium battery materials maker aims to use funds from its planned IPO to advance its global expansion, as it grapples with declining profits and weak prices Key Takeaways: Tinci…
Zepp’s stock surge: A China renaissance on Wall Street?
The wearable fitness device maker’s stock has more than doubled in the last two weeks, as it looks set to return to revenue growth after three years of contraction Key…
Hong Kong Robotics’ stock soars on robotics pivot, but does it have legs?
The unknown Hong Kong-listed company’s stock has jumped to new highs since repositioning itself earlier this year as a robotics firm Key Takeaways: Hong Kong Robotics’ shares have soared on…
BRIEF: Xiaomi debuts YU7 electric SUV, starting at $35,400
Xiaomi (1810.HK) launchedits first electric SUV, the Xiaomi YU7, on Thursday, taking pre-orders with a starting price of 253,500 yuan ($35,400), directly challenging Tesla’s Model Y, which starts at a…
BRIEF: XPeng sustains momentum in May, as Leapmotor sets new sales record
China’s new energy vehicle (NEV) market continued to grow rapidly in May, as multiple brands posted record-high monthly deliveries. XPeng Motors (XPEV.US; 9868.HK) delivered 33,525 vehicles during the month, up…
BRIEF: Xiaomi renames smart driving function after fatal accident
Xiaomi Corp. (1810.HK) has changed the smart-driving terminology for its SU7 electric vehicle from “smart driving” to “assisted driving” on the product’s pre-order page, following a fiery fatal accident that…
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