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CBI

PDD Holdings: Temu’s Global Blitz Masks a Domestic Profit Squeeze

In a research note published on Wednesday, January 28, 2026, Citi Research issued a sobering reality check on PDD. While the e-commerce giant continues to aggressively capture global market share through its international arm, Temu, the domestic narrative in China is rapidly deteriorating under the weight of slowing consumption,

Changxin Technology Targets Star Market IPO After High-Stakes Bet on Memory Chip Expansion

The Shanghai Stock Exchange accepted the initial public offering application of Changxin for the STAR Market on December 30, 2025, marking a pivotal moment for China’s semiconductor industry. As the leading domestic player in the dynamic random access memory (DRAM) sector, the company’s listing is poised to test

Alibaba Unveils High-End AI Chip ‘Zhenwu 810E’ to Rival Nvidia’s H20, Cementing Full-Stack Strategy

Alibaba has officially released the "Zhenwu 810E," a new generation artificial intelligence chip designed for high-performance model training and inference. The launch marks a critical step in the technology giant's strategy to secure semiconductor self-sufficiency, with the processor already deployed at scale within Alibaba

ChinaBiz Briefing | China Advances in Batteries, Space AI, and Consumer Tech

China's tech and industrial sectors are demonstrating accelerating momentum across critical domains—from energy storage breakthroughs to orbital computing firsts and strategic consolidation in automotive manufacturing. Tuesday's developments underscore a coordinated push toward technological self-sufficiency and global competitiveness, with implications spanning energy security, AI infrastructure,

BYD Targets Premium SUV Segment With “Da Tang” Flagship as Product Push Accelerates in 2026

BYD is preparing to broaden its reach into China’s higher-end SUV market as images of an uncamouflaged full-size model from its Dynasty series circulated online, pointing to an imminent launch of a vehicle likely to be branded “Da Tang.” The model is expected to become one of

Autonomous Trucking Race Heats Up as New Entrants Challenge Established Players

The autonomous heavy-duty truck sector is experiencing a fresh wave of competition as new players from the passenger vehicle advanced driver assistance systems (ADAS) market pivot to commercial logistics, intensifying the battle for a multi-trillion yuan market that industry leaders say is approaching large-scale deployment. Companies including

China Takes Lead in Space Computing Race With First On-Orbit Deployment of Universal AI Model

A Chinese aerospace company has deployed a universal large language model directly onto satellites in orbit, marking a significant milestone in the emerging race to establish computing infrastructure in space. The development positions China ahead of U.S. competitors in a field that could reshape how artificial intelligence services are

Snack Retailers’ Long Game: Busy Ming’s IPO Signals a New Phase for China’s Discount Consumption Boom

Busy Ming has made a high-profile debut in Hong Kong, crystallising how scale, efficiency and consolidation are reshaping China’s mass-market retail sector as consumer spending turns increasingly value-driven. The company, which integrates the “Busy For You” and “Super Ming” brands, began trading on the Hong Kong

Geely’s “One Geely” Bet Signals a Strategic Pivot as China’s Auto War Intensifies

China’s auto industry is entering a harsher phase of competition, and Geely is responding with consolidation rather than expansion. At a time when rivals are fragmenting brands and flooding niches, the group has set out a “One Geely” strategy, aiming to unify resources and execution to secure long-term

Huawei Targets Q3 2026 for Foldable Tablet Launch as Product Roadmap Shifts

Huawei is reportedly preparing to expand its dominance in the foldable market by introducing a new tablet-form factor device in the second half of 2026. The move signals a strategic expansion of the company’s hardware ecosystem, bridging the gap between high-end smartphones and professional-grade tablets. Latest