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CBI

Xiaomi YU7 Entry Model Achieves 570km Highway Range in Summer Testing

According to a comprehensive range test conducted by automotive publication Jiashiipai, Xiaomi YU7 electric SUV demonstrated exceptional highway endurance capabilities, positioning itself as a leading performer in the 250,000-300,000 yuan (US$34,300-41,200) new energy SUV segment. The test focused on the 2025 YU7 Ultra

BYD Nears 400,000 Monthly Sales as New Fang Cheng Bao Brand Gains Traction

BYD announced its September sales figures, with total vehicle deliveries reaching 396,270 units. The company's passenger vehicle segment sold 393,060 units, including 70,851 vehicles exported to overseas markets. For the first nine months of 2025, the Shenzhen-based automaker has maintained strong growth, with cumulative

Chinese E-Commerce Firm Ruoyuchen Eyes Hong Kong IPO After 639% Stock Rally

Guangzhou Ruoyuchen Tech, a once-obscure Chinese e-commerce services company, is planning a Hong Kong initial public offering after a strategic pivot to building its own brands fueled a dramatic surge in its stock price and profitability. The Shenzhen-listed company, whose shares have soared about 639% over the

China's Siweite Boosts Humanoid Robot Performance with New Integrated Joint

Hubei Siweite Transmission, a Chinese robotics component specialist, has secured over RMB 100 million yuan (approx. US$13.8 million) in domestic and international orders for its new generation of robotic joints, which are designed to significantly enhance the performance of humanoid robots. The company's key innovation is

Spain’s Auto Sales Jump as Chinese Brands Make Record Inroads

Spain's recovering automotive market is witnessing a profound shift as a surge in sales for Chinese brands reshapes the competitive landscape. While legacy automakers still dominate, the rapid ascent of players like BYD and MG signals a new era of intensified competition, particularly as the country’s adoption

China’s Top VCs on Backing the Next Generation of AI Founders

During the recent AI Creator Carnival in China, Pan Luan, host of the popular podcast "Luanfoushu", sat down with four of the country’s most active venture capitalists to discuss the evolving landscape of AI entrepreneurship. The panel featured Liu Yuan, Partner at ZhenFund; Cao Wei, Partner at

SoftBank-Backed Agritech Firm XAG Revives IPO Plan With Hong Kong Filing

Chinese agricultural technology firm Guangzhou XAG Technology, a primary competitor to industry leader DJI, has filed for an initial public offering in Hong Kong, reviving its listing ambitions after a prior attempt in mainland China. The filing with the Hong Kong Stock Exchange signals a renewed push for public capital

Tech Giants Wager on AI Glasses in Race for Next 'Super Hardware'

Major technology companies from Meta to Xiaomi are ramping up investment in artificial intelligence-powered glasses, betting that the head-worn devices can evolve into the next indispensable "super hardware." However, significant hurdles in battery life, user comfort, and the lack of a "killer app" raise

Pop Mart’s New ‘Starry’ IP Sparks Market Frenzy in Bid to Replicate Labubu Success

Pop Mart International Group is aggressively promoting its new character IP, "Starry," attempting to replicate the massive commercial success of its flagship Labubu character by leveraging a similar playbook of emotional marketing and calculated scarcity. The toymaker’s latest “Starry Delicious Moment Series” blind box collection, released in

24-Year-Old Chinese-Born Founder Raises $64 Million for AI Math Startup Axiom

Carina Hong, a 24-year-old mathematician born in Guangzhou, has raised $64 million (approximately 460 million yuan) in Series A funding for her AI startup Axiom Math, which aims to build "super-intelligent reasoning systems" capable of solving complex mathematical problems and generating new mathematical conjectures. The