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CBI

JPMorgan Crowns Laopu Gold the Next China Luxury Brand: Heritage Jewelry Meets Sky-High Valuations

JPMorgan has anointed Laopu Gold as "China's luxury brand in the making," publishing an October 2025 report that reads more like a love letter than equity research. With a market cap of US$17.8 billion and just 41 boutiques, this 16-year-old heritage gold

Xiaomi's High-End Push Gets A Massive Vote Of Confidence From Goldman Sachs

In a research note that is turning heads, Goldman Sachs analysts on October 23, 2025, declared that the premiumization strategy of Xiaomi is not only on track but is accelerating, providing a strong "BUY" signal on the Chinese tech giant. The note, published just after Xiaomi launched its

XPeng Unveils Extended-Range X9 MPV with Over 1,600km Driving Range

XPeng Motors has revealed the extended-range version of its X9 seven-seater MPV, with an official launch scheduled for the fourth quarter of 2025. The new model incorporates the company's Kunpeng Super Extended-Range Technology and boasts a combined driving range exceeding 1,600 kilometers. The vehicle

Chinese Transformer Exports Surge 51% Amid Global Supply Crisis

China's transformer exports surged 51.42% in the first eight months of 2025, reaching RMB 29.71 billion yuan ($4.1 billion), as global supply shortages create unprecedented opportunities for Chinese manufacturers to expand their international market share amid a worldwide scramble for critical power infrastructure equipment. The

Redmi K90 Series to Launch Today with Premium Design and High-End Specifications

Xiaomi's sub-brand Redmi is set to unveil its K90 smartphone series later today on October 23, featuring two models: the standard Redmi K90 and the K90 Pro Max. The company has released comprehensive design renders of the standard K90 model ahead of the launch event. According to

Xiaomi YU9 Extended-Range SUV Rendering Surfaces, Targeting Premium Market

Chinese automotive website Yiche.com recently published speculative renderings of Xiaomi's first extended-range electric SUV, the YU9, sparking industry attention as the tech giant expands its automotive portfolio into the premium full-size SUV segment. The computer-generated images, which Yiche emphasized are conceptual renderings rather than

Pony.ai’s $7.5 Billion Valuation Faces Reality Check Ahead of Hong Kong IPO

Pony.ai is racing toward a Hong Kong initial public offering, a move designed to secure its status as the world’s premier publicly traded robotaxi firm. But the maneuver also puts a spotlight on a widening gap between its ambitious $7.5 billion valuation and a business still struggling

TikTok Races to Hit E-commerce Goals With Aggressive New Playbook

TikTok is rapidly overhauling its e-commerce strategy, implementing an aggressive, China-style playbook to accelerate monetization and chase ambitious sales targets. The move, which centralizes control under executives with experience from its Chinese twin Douyin, marks a significant pivot towards a more performance-driven model, creating a high-stakes

Alibaba Launches Pre-Sale of AI-Powered Smart Glasses to Advance Commercial Applications

Alibaba announced it will begin pre-selling smart glasses equipped with its artificial intelligence software starting Thursday midnight. Priced at RMB 4,699 (US$650), the Quark AI Glasses will be available for pre-order on JD.com, Douyin, and Tmall, with deliveries scheduled to commence in December. The device

Neolix Secures Over $500 Million in Pre-IPO Funding with Tencent Participation

Neolix, a leading Chinese autonomous delivery company, has completed a Pre-IPO funding round exceeding $500 million, according to sources familiar with the matter. The round attracted new investors including Tencent and Gaocheng Capital, alongside existing shareholders, multiple state-backed AI funds, and Middle Eastern investors. Sources told Chinese media