global expansion

New Business

CATL posts 34% profit growth, defying weak global EV demand and geopolitical uncertainties

The company’s net profit rose 34 per cent year on year to 16.5 billion yuan (US$2.3 billion) in the three…

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New Business

Xiaomi car crash sparks concerns, BYD beats Tesla again: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to…

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New Business

HSBC to back Chinese companies in their global expansion plans, CEO Elhedery says

HSBC Holdings, one of Europe’s largest banking groups by assets, has pledged to support companies from mainland China in their…

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New Business

EV maker Xpeng to test autonomous driving software in Hong Kong to support go-global drive

Chinese electric vehicle (EV) maker Xpeng said it would use Hong Kong to test its artificial intelligence (AI)-powered self-driving technology,…

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New Business

Miniso issues US$550 million of debt for global expansion, share buy-backs

Chinese budget lifestyle goods retailer Miniso Group Holding is raising US$550 million from a debt instrument to fund its overseas…

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New Business

Alibaba Cloud aims high in Southeast Asia in 2025 with new AI partners

The cloud computing and artificial intelligence (AI) arm of Alibaba Group Holding is collaborating with local partners to expand its…

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Tech

EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

Revenue jumped 36 per cent to 20 billion yuan (US$2.8 billion) in the April to June quarter, compared with the…

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New Business

Chinese start-ups with global ambitions poised for success, head of VC fund says

Chinese start-ups with global ambitions still make attractive investment targets, according to the founder of Shanghai-based venture capital firm 01VC,…

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