china-news

A person familiar with the matter said that a report claiming Moonshot AI could submit a Hong Kong IPO application as early as this month is untrue. The report attributed the rebuttal to the source rather than to Moonshot AI itself, and did not indicate that the company had filed

From July 31 to August 3, ChinaJoy 2026 transformed the Shanghai New International Expo Center into a hub where games, technology, and pop culture collided. As one of China’s biggest gaming events, the exhibition brought together leading developers, publishers, and some of the mo

Chery Automobile has agreed to invest $75 million in South Korea’s KG Mobility (KGM) through convertible bonds. If the bonds are fully converted into shares, Chery will hold around 10% of KGM’s equity. The move marks a significant step in Chery’s efforts to strengthen its oversea

Alibaba has launched Qwen3.8, a new foundation model with 2.4 trillion total parameters. The model is focused on coding and professional office tasks, with its API already available on Alibaba’s Qwen AI platform. Qwen3.8 has also been integrated into Alibaba’s newly launched Qwe

Chinese automakers have reported their July sales and deliveries, with BYD ranking first among the companies included in the latest industry roundup after selling 419,211 vehicles. BYD’s overseas sales reached 179,841 units, up 124.3% from a year earlier. Leapmotor reported 101,2

China’s AMEC plans to expand its portfolio to more than 100 types of high-end semiconductor equipment within five years through in-house development and external acquisitions. Founder and chairman Yin Zhiyao made the remarks at the company’s 22nd anniversary event on Aug. 1. AMEC

Shanghai added 11 generative AI services to its completed registration list on Aug. 3, bringing the city’s cumulative total to 211, according to information released by the Shanghai cyberspace authority. The update is a regulatory milestone rather than a model or app launch. It

Shanghai-based brain-computer interface startup Active Technology (our translation of 主动科技, the company’s Chinese name) has completed a RMB330 million angel round, setting a record for angel financing in China’s brain-computer interface sector. The company focuses on invasive bra

On Saturday, Alibaba Group Chairman and principal owner of the Brooklyn Nets basketball team, Joe Tsai, and his wife Clara Wu Tsai announced their decision to end their marriage after nearly 30 years. According to a joint statement, the decision was made mutually, and the couple