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Alice Ye

Senior editor with 15 years in news and financial media. Covers China's AI, electric vehicles, and robotics, with a focus on industry trends, technological innovation, and capital markets.

CATL: The Battery Giant Redefining Energy Storage

What Is CATL? Contemporary Amperex Technology Co. Limited (CATL), known in Chinese as 宁德时代 (Ningde Shidai), is the world's largest manufacturer of lithium-ion batteries for electric vehicles and energy storage systems. Founded in 2011 and headquartered in Ningde, Fujian Province, China, the company has transformed from a

Moonshot AI Launches K2.6 With Multi-Agent Orchestration and 13-Hour Coding Sessions

Kimi's flagship model K2.6 debuts as an open-source release, supporting 300-agent clusters and extended autonomous coding Moonshot AI has released its most advanced large language model to date, Kimi K2.6, featuring significant improvements in code generation, long-context reasoning, and multi-agent coordination. The

China’s Anthropic? UBS Sees 30% Upside in Zhipu AI

UBS Securities Asia Limited on April 20, 2026 initiated coverage of Knowledge Atlas Technology JSC Ltd.—better known as Zhipu or Z.ai, trading in Hong Kong under ticker 2513.HK—with a Buy rating and a 12-month price target of HK$1,160. The initiation comes as the

ChinaBiz Briefing: DeepSeek's Funding Reversal, HarmonyOS Standoff, ByteDance's AI Bet

China's tech landscape is undergoing a structural realignment as three distinct narratives converge: a formerly capital-averse AI startup now seeking funding, a national OS champion facing ecosystem isolation, and a social media giant sacrificing profitability for AI expansion. Together, they highlight an industry grappling with technical lock-

DJI Navigates Regulatory Headwinds with 249g Drone Strategy as Pocket 4 Sells Out

DJI is executing a dual-pronged hardware strategy in early 2026, leveraging incremental consumer upgrades to drive near-term revenue while engineering its upcoming drones to navigate tightening US regulatory constraints. The company’s latest handheld camera, the Osmo Pocket 4, sold out within minutes of its April 16 launch,

Hesai Pivots From EV Lidar to Spatial Intelligence Amid Auto Margin Squeeze

Hesai Technology is fundamentally repositioning itself from an automotive lidar supplier to a spatial intelligence platform, aiming to capture the broader physical AI and robotics markets as margin pressures intensify in China's electric vehicle sector. Unveiling its strategic pivot on April 17, 2026, the company launched a 6D

China’s Auto Sector Faces Profitless Growth as Upstream Suppliers Siphon EV Margins

A relentless domestic price war and surging upstream component costs have compressed Chinese automakers' profit margins to a historic low of 2.9% in early 2026, triggering a structural shift in how the world's largest auto market generates value. Despite record sales volumes across the sector, both

ByteDance's Net Profit Plunges Over 70% in 2026 Amid Surge in AI Spending, Report Says

ByteDance Ltd.'s net profit declined by more than 70% in 2026 as the company significantly ramped up investment in artificial intelligence operations, according to people familiar with the matter cited by a Chinese financial publication. According to Securities Times' report published recently, the sharp drop in profitability

Huawei's HarmonyOS Hits 18% Share, But Rivals Stay Away

Huawei's aggressive push for HarmonyOS adoption faces resistance from domestic rivals as ecosystem control and overseas market access trump national OS ambitions. Huawei's HarmonyOS has captured 18% of China's smartphone market by April 2026, establishing itself as the nation's second-largest mobile

DeepSeek Seeks $300M at $10B Valuation as Nvidia Dependence Becomes Existential Liability

DeepSeek, the Chinese AI model developer that vowed never to court venture capital, is now seeking approximately US 300 million in a funding round valuing the company at US10 billion, according to reports emerging April 17, 2026. The dramatic reversal marks a 360-degree shift from founder Liang Wenfeng'