china-news

Chinese semiconductor design company VeriSilicon reported first-half revenue of RMB1.864 billion, up 91.37% year on year. Its orders on hand stood at RMB12.449 billion as of June 30. AI-computing-related orders accounted for about 90% of the new orders signed by the company this

Chinese machine-vision and robotics company Mech-Mind has cleared the Hong Kong Stock Exchange’s listing hearing. Its overseas revenue accounted for 50.3% of total revenue in 2025. The company develops 3D-vision systems and software for industrial robots, with applications inclu

Li Shufu has stepped down as chairman and executive director of Geely Automobile Holdings, with An Conghui appointed as his successor. Li will remain chairman of Geely Holding Group and the controlling shareholder of Geely Automobile Holdings. The change separates Li’s group-leve

SenseTime expects to report a profit of between RMB500 million and RMB700 million for the first half of 2026, compared with a loss of about RMB1.489 billion in the same period last year. The forecast would mark a significant change for the Hong Kong-listed AI company as it shift

Xiaomi said cumulative deliveries of its SU7 electric sedan have surpassed 500,000 units, about 28.5 months after the model was launched. The SU7 remains the core product in Xiaomi’s expansion from consumer electronics into electric vehicles. The milestone refers specifically to

Chinese robotics company Unitree has introduced a new humanoid robot called “Superman.” The company says the robot can jump 2 meters from a standing position and reach a maximum speed of 12.66 meters per second. Unitree has not disclosed a detailed test protocol covering factors

Alibaba has officially launched HappyShrimp 1.0, an AI music model that can turn emotions, stories or memories into complete music tracks through natural-language prompts. The launch moves HappyShrimp from an earlier reported project into a publicly available product. Alibaba ha

Chinese cloud provider UCloud has brought servers equipped with Hygon’s Tianxi series AI accelerators to its public-cloud platform. The deployment is reportedly the first large-scale public-cloud rollout of the chip series. The move gives cloud customers access to domestically d

Ingenic, a chip company controlled by Beijing Junzheng, has launched its Hong Kong share offering. The company plans to issue 31.29 million shares and raise as much as HK$3.22 billion. The proceeds will be used mainly for chip research and development, product development and st