Former chart toppers like Maoxiang and Talkie now see sharp user declines, weak monetization, and mounting regulatory ...

On July 26, WAIC opened in Shanghai, and Tencent leaned in with a full-throated pitch. Its message centered on AI agents ...

China Recap is a weekly roundup tracking Chinese companies expanding abroad, covering market entries, funding rounds, product ...

Hengrui Pharmaceuticals has licensed global rights to its HRS-9821 program and granted GSK options on up to 11 additional candidates, excluding Greater China. GSK will pay USD 500 million upfront, ...

The US has reportedly frozen export controls on tech sales to China, including Nvidia’s H20 chip, to avoid disrupting trade talks and a potential meeting between national leaders. Security officials ...

Zhipu AI plans to release its largest open-source model, GLM-4.5, as early as July 28, joining a wave of Chinese firms accelerating open-source AI efforts, including Moonshot AI and StepFun. The ...

On July 28, Taobao Shangou and Ele.me announced that joint daily orders exceeded 90 million for two consecutive weekends, excluding zero-cost and self-pickup orders. Earlier in July, the platforms had ...

Huawei executive Richard Yu has announced that the next-generation Aito M7 will launch in September. The redesigned model will offer both extended-range and all-electric variants, and will debut a new ...

Samsung Electronics has signed a USD 16.5 billion chip supply deal with a global client confirmed by Elon Musk to be Tesla, set to run through 2033. The agreement comes as Samsung faces pressure to ...

On July 24, BYD launched the Atto 2, a compact electric SUV, in Kuala Lumpur as part of its Southeast Asia expansion. BYD and its sub-brand Denza now operate more than 40 retail outlets in Malaysia ...

Xpeng has denied reports of a cost reduction plan for the G6 EV, calling the claims false and subject to investigation. A vice president said the rumor could involve trade secret violations, with ...

On July 26, Shanghai unveiled an autonomous driving action plan targeting six million Level 4 passenger rides and 5,000 kilometers of open roads by 2027. The city will expand pilot zones, scale ...