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Chinese EV maker Xiaomi raises US$5.5 billion from share sale to accelerate expansion

Chinese tech firm Xiaomi raised HK$42.5 billion (US$5.5 billion) from a share sale to fund the expansion of its electric…

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China debuts economic data on service robots as humanoid industry grows

China’s state statistics agency has introduced a new data series on “service robots” in its monthly industrial output report, in…

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Tesla pins hope on refreshed Model Y to regain share after sales dive in China

Tesla has received massive orders for its refreshed Model Y SUV in mainland China, a major boost for the US…

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Exclusive | Why a tycoon from Kazakhstan wants to partner with China to ride the overwhelming EV wave

Sitting in his lavish living room in Almaty, Kenges Rakishev – one of the wealthiest men in Kazakhstan – gets…

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Tesla’s February sales slump in China as buyers turn to domestic rivals BYD, Xiaomi, Xpeng

Tesla continued to lose market share on the mainland to its Chinese rivals in February, as sales plunged more than…

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BYD stirs EV rivalry in China with on-vehicle DJI drone system to spur sales

BYD, the world’s largest electric vehicle (EV) manufacturer, is offering an on-vehicle drone system to help boost sales, raising the…

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China’s robotics star Unitree warns of scams as investors seek a way in

Unitree Robotics, one of the hottest start-ups in China, issued a warning about scams that aimed to exploit growing interest…

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Exclusive | Chinese tech firms flock to Hong Kong for IPOs amid DeepSeek-triggered AI boom

A slew of Chinese companies are eyeing initial public offerings (IPOs) in Hong Kong, riding on the stock market impetus…

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In Malaysia, low-priced Chinese brands gain popularity in Western-dominated malls

Run the numbers, urged Malaysian high school student Nur Ristina Eiliyan. It costs 7 ringgit (US$1.58) to buy an ice…

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Has Xi Jinping brought China’s private sector back into the fold?

When President Xi Jinping brought together China’s most prominent entrepreneurs for a high-profile symposium, markets and industry observers the world…

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