Shenzhen

New Business

Chinese humanoid robot makers seize the spotlight at Shenzhen’s annual hi-tech expo

China’s humanoid robot manufacturers on Friday took centre stage at the opening of the 27th China Hi-Tech Fair in Shenzhen,…

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New Business

China’s chief space contractor readies plans for tourism programme

As companies like SpaceX and Blue Origin make headlines for sending non-astronauts into space on pricey private tours, a Chinese…

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New Business

Tencent posts 19% jump in third-quarter profit on AI-related gains, beating estimates

Revenue for the Shenzhen-based firm reached 192.9 billion yuan (US$27.1 billion), up from 167.2 billion yuan in the same period…

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China’s top medical equipment maker Mindray could raise US$1 billion from Hong Kong IPO

Shenzhen Mindray Bio-Medical Electronics, China’s largest medical equipment maker, filed an application to list in Hong Kong on Monday, with…

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Rising China robotics star AgiBot restructures in potential bid to join IPO race

Chinese robotics firm AgiBot has rejigged its corporate structure, a move seen as laying the groundwork for an initial public…

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New Business

‘Not in this economy’: Guangdong’s huge subsidy scheme falls flat with consumers

In early November, China’s most populous province launched its biggest ever consumer subsidy programme, with the government pledging to commit…

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How China’s ‘emotional spending’ trend is transforming shopping malls

In a central Wuhan shopping centre, a banner for a new Pop Mart hangs where an Air Jordan store once…

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New Business

Satellite maker Uspace pivots to AI applications at new tech centre in Shenzhen

A unit of Uspace, Gang Hang Ke, will spearhead the centre’s establishment, the company said in a filing with the…

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New Business

China’s industrial robot production overtakes 2024 levels amid automation drive

As a robot torch-bearer took the spotlight during the kick-off of the 15th National Games torch relay in Shenzhen on…

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New Business

BYD quarterly profit tumbles as weak China sales offset overseas gains

The Shenzhen-based company said its profit tumbled to 7.8 billion yuan (US$1.1 billion) in the three months ended September, compared…

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