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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.

ChinaBiz Briefing | Huawei's Record Revenue, China AI Capex Surge, EV Deliveries Reset

China's technology sector delivered a dense slate of results and market data on September 1, painting a consistent picture: companies across AI, autonomous driving, and electric vehicles are prioritizing long-cycle investment over near-term profitability — and the capital commitments are accelerating, not moderating. From Huawei's

Tencent’s Hy4 Delivers a Generational AI Leap as Goldman Reaffirms HK$670 Target

Tencent has delivered its most significant AI model generational leap to date, with the Hunyuan Hy4 preview triggering immediate infrastructure strain and prompting Goldman Sachs to reaffirm a HK$670 price target — implying 47.2% upside from current levels — as the company's tightly integrated product-model strategy begins

Momenta Nears Breakeven as Revenue Jumps 76% in H1, but AI Spending Accelerates

Momenta, China's top third-party urban NOA supplier, posted its first interim results as a listed company on Aug. 31, delivering 75.9% revenue growth and a near-breakeven adjusted loss — yet management explicitly ruled out a near-term profit target, signaling that the company's spending

Meituan Returns to Profit in Q2 as Subsidy War Eases and AI Spending Ramps Up

Meituan returned to quarterly profitability in Q2 2026, posting a net profit surge of 490% year-on-year, as the bruising subsidies war that reshaped China's food delivery landscape over the past two years finally enters a ceasefire — freeing capital that management is now redirecting toward artificial intelligence

UBTECH vs. Unitree: Same RMB 1B Revenue, Opposite Profit Trajectories

Same top line, opposite trajectories: UBTECH and Unitree Robotics each crossed RMB 1 billion in first-half 2026 revenue, but a RMB 581 million operating profit gap exposes fundamentally different bets on how to win China's embodied-AI race. The simultaneous arrival of their interim results — Unitree'

XPeng’s New VLA Pushes Its Physical AI Ambitions Beyond Cars

XPeng has fundamentally restructured its autonomous driving AI by incorporating temporal reasoning into its core model architecture — a technical leap that narrows the gap between mass-market driver-assistance systems and full Level 4 autonomy, and signals the company's broader pivot from electric vehicle maker to physical AI

Baidu’s AI Revenue Tops 50% as Dual-Primary Listing Opens a Repricing Path

A structural shift in listing status, arriving precisely as AI revenue crosses the 50% threshold, compels investors to abandon the search-advertising lens they have used to price Baidu for a decade. Baidu, China's dominant search and artificial intelligence group, announced on August 27, 2026 that it will

Why DeepSeek's Price Hike Matters: China's AI Compute Supply Chain Explained

What Happened — And Why It's More Than a Pricing Story In mid-August 2026, DeepSeek adjusted its API prices twice within seven days. The first move raised the peak-hour output price for its flagship V4-Pro model from ¥6 to ¥27 per million tokens — a 350% increase

Zhipu Undercuts DeepSeek With GLM-5.3 Flash on 100,000+ Domestic Chips

China's Zhipu AI fired a direct shot at DeepSeek's pricing dominance on Wednesday, launching GLM-5.3 Flash — a 300-billion-parameter lightweight flagship model running entirely on a cluster of more than 100,000 domestic chips — at rates that undercut its rival across nearly all

Great Wall Motor’s Overseas Sales Top China for First Time as Profit Slumps 61%

Revenue growth and a historic geographic sales shift cannot mask a RMB 38.72 billion (US$5.38 billion) profit shortfall driven by delayed overseas tax subsidies and currency headwinds—but strip out those one-offs, and Great Wall's operating engine looks largely intact. Great Wall Motor posted