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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.

Kling AI Revenue Surges 200% as Kuaishou Pays the Price for AI Leadership

Kling AI's Q2 revenue surged more than 200% year-on-year to exceed RMB 850 million (US$118 million), validating Kuaishou's high-stakes bet on generative video — but a 36% collapse in net profit signals the platform is paying a steep price to hold its position

China's RISC-V Push Expands Into AI Inference as Alibaba and SpacemiT Break New Ground

Two Chinese chipmakers have delivered separate RISC-V milestones over the past week, signaling that the country's open-source processor ecosystem is moving from academic ambition toward commercially deployable hardware — and broadening the range of architectures available for AI inference beyond GPU-centric systems. The latest came on

GigaDevice Profit Surges 1,092% as Memory Super-Cycle Rewards Long-Term Bets

GigaDevice Semiconductor, China's second-largest NOR Flash designer, reported first-half 2026 net profit of RMB 6.857 billion (US$952 million), a 1,092% year-on-year surge that exceeded the company's combined earnings for the entirety of 2024 and 2025 — a result that crystallizes

Baidu's GPU Cloud Surges 283% as Advertising Slumps 19% in Q2

Baidu reported second-quarter 2026 results that crystallize a painful but strategically deliberate transition: GPU cloud revenue surged 283% year-on-year while its legacy advertising business contracted 19%, leaving total revenue down 4.2% and net profit down 68% — a trade-off that sent shares tumbling 9% in pre-

Qwen Office Beats Claude and Codex as Harness Emerges as AI's New Moat

Qwen Office scores 95/100 in Wall Street's first systematic head-to-head test of eight Chinese and U.S. AI agents, beating rivals from Anthropic and OpenAI while running on a model ranked fourth in raw intelligence — a result that forces a fundamental reassessment of where enterprise

Goldman Keeps Buy on CATL, Sees East-West Divide on China Battery Demand

Goldman Sachs published a follow-up note on August 17, 2026, summarizing investor feedback gathered over the past month following its initiation of coverage on China's battery sector. The bank's analysts — Nick Zheng, CFA, and Selina Yan of Goldman Sachs (Asia) — spoke with approximately 150 investors

How Geely Grew Profit Per Car by RMB 2,100 While Rivals Bled

What Is This About? China's auto market in 2026 is defined by a relentless price war. Most automakers are caught in a painful trade-off: sell more units, earn less per unit. Yet Geely Automobile's H1 2026 results broke that pattern in a measurable way. In

China's AIGC Entertainment Race: 12 Companies, One Market

The question in China's AI-generated content sector has shifted. It is no longer "which model produces the most impressive video clip." It is now "who can build a reliable, controllable, and monetizable content production system at scale." That distinction matters enormously—and it

iSpace Completes Static Load Test on SQX-3 Rocket Fairing, Clearing Path to Flight

Beijing-based commercial launch company Interstellar Glory Space Technology (iSpace) successfully completed a static load test on the payload fairing of its SQX-3 carrier rocket on August 14, 2026, marking a key structural milestone ahead of the vehicle's inaugural flight campaign. The test, conducted at an undisclosed

Luckin Coffee's Retail Pivot: Why China's Biggest Coffee Chain Is Fighting for Shelf Space

What Is Luckin's "Portable Coffee" Strategy? Luckin Coffee built its brand on one thing: cheap, fast, app-ordered fresh-brewed coffee sold through a dense network of small-format stores. But since 2024, the company has been quietly building a parallel business — selling coffee in formats