Sign in Subscribe

CBI

Citi Slashes Xpeng Target But Says Buy Anyway, Pins Hopes On 2026 Robot And EV Blitz

In a classic case of "jam tomorrow," Citigroup analysts have trimmed their price target on Chinese EV maker Xpeng, yet maintained their "Buy" rating, urging investors to look past near-term headwinds and focus on a massive product and technology offensive planned for 2026. The note,

JPM: How Chinese Firms Are Set To Conquer The "Supply-Constrained" US Power Grid Market

Just as the market was beginning to question if the blistering rally in power equipment stocks had run its course, J.P. Morgan has dropped a bombshell of a report. In a November 18, 2025, note titled "Super-cycle: A beginning or an end?", the bank argues that

Baidu Swings to Loss on Impairment Charge as AI Growth Masks Core Weakness

Baidu posted a significant third-quarter net loss despite surging growth in its artificial intelligence businesses, underscoring the high cost and strategic urgency of its pivot away from a declining core advertising operation. The Chinese search giant reported a net loss of 11.2 billion yuan (approximately US$1.56

Xiaomi Auto Business Achieves First Quarterly Profit as Q3 Earnings Surge

Xiaomi reported its first quarterly operating profit from its electric vehicle and AI business in the third quarter, marking a pivotal milestone as the Chinese smartphone maker deepens its push into automotive manufacturing. The company's adjusted net income surged 80.9% year-on-year to RMB 11.3

PDD's Core Ad Growth Slumps to Single Digits, Fueling Maturity Concerns

PDD reported third-quarter results that beat profit estimates, but the surprise was overshadowed by a historic slowdown in its core domestic advertising revenue, sparking investor concerns that the one-time growth champion is prematurely entering a phase of low-growth maturity. The e-commerce giant posted a 9% rise

China's Hotel Robots Now Cost Just $1,800 as Brutal Price War Squeezes Industry

The hotel service robot sector in China, once a darling of investors, is facing a harsh reality as intense competition drives prices down by over 90% and leaves even market leaders bleeding cash. Yunji Technology, the country's largest hotel robot provider, completed 500 million robotic services in 2024

Pony.ai CEO Reflects on Decade-Long Journey as Robotaxi Industry Enters Commercial Acceleration Phase

Chinese autonomous driving company Pony.ai Inc. has reached a pivotal milestone in its decade-long journey toward commercializing robotaxis. On November 6, the company completed its Hong Kong Stock Exchange listing, achieving dual primary listings in both the U.S. and Hong Kong—in less one year after its

Huawei Unveils Mate X7 Foldable Flagship Ahead of November Launch

Huawei officially revealed the design of its Mate X7 foldable smartphone on Monday, with the device scheduled for launch on November 25, 2025. Richard Yu, Executive Director and Chairman of Huawei's Consumer Business Group, released a promotional video showcasing the handset for the first time. In the footage,

Alibaba Restructures E-Commerce Empire Under "One Alibaba" Strategy

Alibaba Group has consolidated its sprawling e-commerce operations into a unified platform, marking a strategic reversal from its 2023 business split as the Chinese tech giant seeks to reclaim market share and efficiency. The company reported its strongest Singles' Day performance in four years, fueled by the integration

DJI Enters Consumer 3D Printing Market with Investment in Intelligent Pie

DJI has confirmed its investment in consumer-grade 3D printing company Intelligent Pie, marking the drone manufacturer's latest expansion beyond its core aviation and imaging products. The Shenzhen-based company told reporters that the investment reflects confidence in the development potential and industry growth prospects of consumer-grade