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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.

Unitree’s Falling Floor Is Becoming a Ceiling for China’s Robot Startups

Unitree Robotics' post-listing collapse is not merely a stock story — it is a structural stress test for the entire Chinese embodied-intelligence funding ecosystem Unitree Robotics (688836.SH) debuted on Shanghai's STAR Market on August 19, 2026 at an opening price of RMB 1,100 per

Leapmotor's 60% Sales Surge Masks a Structural Profit Problem as China's EV Shakeout Accelerates

Leapmotor posted its strongest-ever half-year results on Aug. 24, but a forensic read of the financials reveals that its RMB 210 million (US$29.2 million) net profit rests almost entirely on carbon credit sales and government subsidies — not on selling cars. The headline numbers are unambiguous: 356,

PDD’s Domestic Recovery Meets Temu’s Global Reset as Growth Model Shifts

PDD Holdings delivered a second-quarter earnings report on Aug. 24 that cleared a deeply discounted bar: Non-GAAP operating profit of RMB 29.1 billion (US$4.04 billion) edged past Bloomberg consensus while domestic advertising revenue staged a counter-cyclical recovery — yet Temu's accelerating deceleration and

ChinaBiz Briefing | Alibaba's $10B AI Bet, Xiaomi's Three-Chip Push, Honor's Robot Records

China's technology sector delivered a defining 24-hour window on August 24, 2026 — one dominated by capital allocation decisions, silicon strategy, and the accelerating convergence of AI with hardware. Alibaba's record equity raise crystallized a fundamental split in how institutional investors price the AI infrastructure cycle.

Zhipu’s GLM-5.3 Shows Why Better AI Models No Longer Move the Market

As Chinese AI labs iterate flagship models every two months, the era of benchmark-driven hype is giving way to a harder question: who can turn capability into recurring revenue? What Is This About? In August 2026, Zhipu AI released GLM-5.3, its latest flagship large language model. By

China’s AI Office War Moves Beyond Chatbots as Doubao Takes Aim at Tencent WorkBuddy

China’s AI competition is moving into a new phase. After two years dominated by foundation models, benchmark rankings and consumer chatbots, ByteDance and Tencent are increasingly competing over a more commercially consequential layer: which AI system becomes the default interface through which people actually work. ByteDance is preparing a

Wall Street Declares Alibaba's Earnings Inflection Point Arrived as Cloud AI Growth Accelerates Toward 50%

Goldman Sachs, JPMorgan, UBS and Jefferies converge on a rare unanimous verdict: Alibaba has crossed a fundamental earnings inflection point, with cloud AI revenue growth set to breach 50% in the September quarter even as a surface-level earnings miss obscures underlying operating strength. The consensus emerged on August 21,

Unitree vs. AgiBot: Two Competing Paths to China's Humanoid Robot Future

How Unitree and AgiBot are making opposite bets on embodied AI — and why both strategies may be necessary What Is This About? China's embodied AI industry has produced two companies that, by mid-2026, have emerged as the clearest benchmarks for what a commercial humanoid robot company can

Alibaba Trades Profit for AI Dominance as Cloud Growth Hits 22-Quarter High

Alibaba Group posted fiscal first-quarter revenue that narrowly topped estimates, but the headline beat obscures a deliberate and accelerating pivot: the Chinese e-commerce and cloud giant is systematically sacrificing near-term profitability to cement a full-stack AI infrastructure lead. Revenue for the three months ended June 30,

Chinese Automakers Capture 8.9% of Europe — But Can They Make Money?

Chinese automakers now hold nearly 9% of the European market. The harder question is whether any of them are profitable. What Is Happening? In the first half of 2026, five Chinese automakers — BYD, SAIC, Chery, Geely, and Leapmotor — sold a combined 643,000 vehicles across the EU, EFTA member states,