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CHINA MARKET
Estee Lauder bets on fragrances and skincare to deliver strong annual profitEstee Lauder projects robust annual profits that are set to surpass Wall Street's expectations. The company's growth is heavily fueled by l...
China robot makers flock to Beijing show, seek path to mass adoptionMore than 300 companies are attending the World Robot Conference which runs through Sunday, displaying over 2,000 exhibits and launching m...
Global Market: Unitree shares soar nearly six-fold in Shanghai debut as robotics boom gains momentumUnitree shares surged nearly six-fold in their Shanghai debut, marking a landmark listing for China’s rapidly expanding robotics industry. ...
Global Market: Chinese stocks slide as semiconductor and robotics shares tumbleChinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings an...
Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
China recovers rocket stage on land for first time, after earlier recovery at seaAlthough this marks China's first successful recovery on land, it is the second time the country has recovered a rocket stage, following a ...
Beijing shifts focus to counties for economic revivalThe government calls for upgrading consumption channels in counties, including renovating township commercial centres, rural markets and lo...
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
How U.S. military funding propelled China's robot dogsThe rise of Unitree, a Chinese company known for its impressive robot dogs, can be attributed to research breakthroughs funded by the US mi...
China's Lumos eyes fresh funding, potential listing as factory robot sales growLumos has raised about 1 billion yuan ($147 million) across seven funding rounds, the company said. Founder and CEO Yu Chao told Reuters fr...
Global Market: Chinese, Hong Kong stocks slip as AI shares retreat; energy stocks gainChinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...
Chinese humanoid robot maker Unitree to list in Shanghai on August 19Unitree's humanoid robots have drawn global attention for their running, dancing and performing of martial arts and the IPO was more than 8...
A cheap American sandwich conquered the world. Now China is rewriting the burger's 100-year-old storyBurgers are experiencing a surge in popularity across China's fast-food market. Global chains and local operators are now fiercely competin...
Global Market: China, Hong Kong stocks rise as chipmakers rally on strong earningsChinese and Hong Kong equities advanced, led by technology and semiconductor stocks following strong corporate earnings, while consumer and...
Bengaluru-based chip company Level Five Cartronics seeks OSAT partners in IndiaThe company has held discussions with Indian OSAT companies including CG Semi, and Kaynes Semicon in Sanand, and Suchi Semicon in Surat, as...
Unitree IPO: China’s humanoid robot starset for potentially explosive Shanghai debutUnitree is set for a highly anticipatedShanghai debut, with private-market prices indicating potentially steep gainsover its 150.8-yuan IPO...
Global Market: China, Hong Kong stocks fall as liquidity tightens ahead of Unitree IPOChinese and Hong Kong stocks declined Friday as tightening liquidity, cautious positioning ahead of corporate earnings and property-sector ...
Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
Microsoft retreats in China, but AI boom helps it keep a window openThe year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy acti...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...