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ByteDance Resumes Talks to Sell Moonton to Saudi Arabia’s Savvy Games Group

ByteDance Ltd. has reopened negotiations to sell its gaming subsidiary, Shanghai Moonton Technology, to Savvy Games Group, marking a renewed effort by the Chinese technology giant to divest its major gaming assets. According to a Bloomberg report released on November 27, the Riyadh-based gaming powerhouse, fully owned by Saudi

HLA Group Joins A-Share Rush to Hong Kong as China's Menswear Giant Battles Slowing Growth

HLA Group, China’s largest menswear retailer, is joining a wave of leading mainland-listed companies seeking a secondary listing in Hong Kong, as the industry giant attempts to counter slowing domestic consumption and declining efficiency in its core operations. Under the stewardship of second-generation Chairman Zhou Lichen, the

Huawei-Backed Maextro Targets Ultra-Luxury Market With Aggressive Five-Model Blitz

Maextro, the ultra-luxury electric vehicle brand co-developed by Huawei Technologies Co. and Anhui Jianghuai Automobile, is initiating a rapid portfolio expansion designed to upend the dominance of heritage manufacturers in the top-tier automotive segment. The marque plans to launch five new models in the coming year, transitioning

Li Auto Swings to Loss in Q3 as Recall Hits Margins; Q4 Outlook Misses Estimates

Li Auto Inc. reported a swing to a net loss in the third quarter of 2025, driven by a sharp decline in deliveries and substantial costs associated with a vehicle recall, while providing a fourth-quarter revenue outlook that significantly missed market expectations. The Beijing-based electric vehicle maker posted

China’s Great Wall Motor Eyes 300,000 Annual Output in First European Plant

A major Chinese automaker has revealed ambitious plans to establish its first manufacturing base in Europe, aiming to ramp up local production capacity significantly by the end of the decade to revitalize its performance in the region, according to a recent report. According to a Reuters exclusive report published on

Li Auto Expands into Wearables with Plan for AI Smart Glasses

Li Xiang, the founder and chairman of Li Auto, has officially announced the company’s entry into the smart wearables market. In a video released on social media, Li confirmed plans to launch AI-powered smart glasses, describing the device as the company's "best artificial intelligence accessory.

The Great EV Divergence: China Sprints Ahead As Tesla And The West Hit The Brakes

If there remained any lingering optimism that the Western automotive establishment could dictate the pace of the global energy transition, the latest data from Deutsche Bank Research should serve as a sobering obituary for that narrative. In a report released on November 5, 2025, titled "Top 15 Countries'

Li Bin: NIO’s Q4 Profitability Goal Remains Unchanged, Three Large Vehicles Poised for 2026

NIO reaffirmed its commitment to achieving overall profitability in the fourth quarter of 2025, buoyed by record revenue and improving margins despite broader market volatility. Founder and CEO William Li (Li Bin) confirmed the company’s financial trajectory remains on target following a strong third-quarter performance that delivered the

Chinese Game Publishers Capture Record Share of Global Market as Century Games Takes Top Spot

More than 30 Chinese companies rank among the top 100 global mobile publishers in 2025, driven by strategic dominance in niche categories and breakout hits in the Strategy and RPG sectors. Century Games has emerged as the leading Chinese publisher in overseas markets this year, successfully layering new growth engines

Chinese Tea Chains Flood US Market in Hunt for Growth Beyond Home

Top-tier Chinese fresh tea brands are aggressively expanding their physical footprint across the United States in 2025, seeking new revenue streams in a $2.6 billion market as competition in their domestic sector reaches saturation points. From New York to Los Angeles, companies that pioneered the "new tea&