Monthly Archives: October, 2023
Valued at 8 Billion, Shulan Medical, Backed by Sequoia, Prepares for IPO on Hong Kong Stock Exchange
The Hong Kong Stock Exchange is set to welcome a new player in the medical field.The Hong Kong Stock Exchange recently revealed that Shulan...
SAIC Group’s Struggles Persist as Revenue Falls Short in the First Three Quarters and Joint Venture Sales Decline by 15.5%
Recently, SAIC Group released its third-quarter financial report, which revealed that the company's 2023 plans, formulated in 2022, are falling significantly short of expectations....
SHEIN Expands Globally Through Missguided Acquisition and Brand Evolution
Two months ago, SHEIN acquired one-third of the equity of SPARC Group, the parent company of fast-fashion women's clothing brand Forever 21. Recently, it...
Huawei Applies for ‘Supercharge Green Corridor’ Trademark
Recently, Huawei Technologies Co., Ltd. has applied to register several trademarks, including "Supercharge Green Corridor", "Supercharge Green Corridor HUAWEI", and "Supercharge Green Corridor 318...
Xiaomi Unveils HyperOS as Part of New Ecosystem Strategy; Lei Jun Teases Xiaomi Car Launch in Upcoming Year
On October 26, Xiaomi Group held a product launch conference.Lei Jun, the Chairman and CEO of Xiaomi Group, announced that Xiaomi has reached a...
Unprecedented Supply Chain Pressure: China’s Key Silicon Industry Nears Cost Equilibrium, Halts Price Announcements
The Silicon Branch of the China Nonferrous Metals Industry Association has exceptionally suspended its weekly polycrystalline silicon price release. They stated that due to...
Stellantis Invests 1.5 Billion Euros for a 20% Stake in Chinese EV Maker Leapmotor
Another partnership similar to "XPeng and Volkswagen" has been finalized.On October 26, Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor, 09863.HK) announced that Stellantis Group plans...
Li Jiaqi Faces Controversy Over Alleged ‘Minimum Price Agreement’ and Accusations of Market Manipulation
On October 24th, the topic "JD Procurement Calls Out Li Jiaqi" trended on Weibo. Li Jiaqi, who has faced controversies due to his fame,...
iFlytek Announces Collaboration with Huawei: Aiming to Rival GPT-4 by Next Year and Reveals New Advances in AI Mega-Models
Spark's mega-model has evolved to Version V3.0, joined forces with Huawei to launch a computational power platform, aiming to rival GPT-4 next year, humanoid...
Shiyun Tech’s HeyGen AI Makes Swift and Trump Speak Mandarin, Turns Profit in 7 Months
After "AI Sun Yanzi," another tech breakthrough has emerged.Recently, videos of top singer Taylor Swift (nicknamed "Mei Mei" by Chinese fans) speaking fluent Mandarin...
ByteDance’s VR Division PICO Faces Major Staff and Executive Departures: Is a Shift in Metaverse Strategy Imminent?
ByteDance is re-evaluating the strategic positioning of its virtual reality (VR) business unit, PICO.On October 23, reporters from The Paper learned exclusively from several...
Asia’s Leading Beer Producer, Tsingtao, Faces Urination Scandal: Impact on its Recovery Journey
On October 19, a video of a worker allegedly urinating in a raw material bin quickly spread online, thrusting Tsingtao Beer (600600.SH), a national...