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Tesla continues its skid in mainland China as sales and market share fall

Tesla is gradually losing its appeal in China’s premium electric vehicle (EV) segment as its sales and market share fall.…

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New Business

Huawei unveils US$2,500 trifold smartphone ahead of Apple’s iPhone 17 reveal

Huawei Technologies has launched the Mate XTs – its second trifold smartphone, which is more affordable than its predecessor –…

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New Business

Opinion | Why Labubu craze is just the start of China’s branding boom

Call them China’s Sputnik moments: DeepSeek. BYD and Xiaomi cars. A robot Olympics in Beijing. Huawei’s resurgence. And Labubu. Labubu…

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New Business

Dongfeng Motor to list Voyah EV brand in Hong Kong, take parent company private

Dongfeng Motor, a major state-owned Chinese carmaker, plans to privatise its Hong Kong-traded unit and list its electric vehicle (EV)…

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China’s Android phone makers promote new privacy permission platform to protect user data

China’s five leading Android-system smartphone brands – Honor, Lenovo, Oppo, Vivo and Xiaomi – have formed a platform to promote…

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New Business

Tesla China starts taking orders for longer-range Model 3 EV, with 14% price bump

Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from…

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Singaporean semiconductor equipment maker ASMPT to close Shenzhen plant, axe 950 workers

Singapore-based ASMPT, which makes semiconductor assembly and packaging equipment, will close its factory in Shenzhen and lay off 950 workers…

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New Business

Leapmotor, Xpeng report record July sales as their cheaper EVs appeal to Chinese consumers

Chinese electric vehicle (EV) makers Leapmotor and Xpeng reported record sales last month, spurred by the popularity of their inexpensive…

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New Business

Korean funds are buying Chinese stocks again after selling US$984 million in past 3 years

South Korean fund managers are renewing their interest in Chinese equities after pulling back from the market in the past…

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New Business

Momentum in Hong Kong’s follow-on fundraising market set to continue: senior bankers

Momentum in the Hong Kong fundraising market that comes after initial public offerings (IPOs) is set to continue, senior investment…

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