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Dora Zhang

Editor covering China's business and technology, focused on AI, electric vehicles, autonomous driving, and robotics, tracking industry developments, innovation, and market dynamics.

Linkerbot Eyes Hong Kong Listing at RMB 100B Valuation, Raising Questions Over Pricing Rationality

A Chinese dexterous-hand maker founded just three years ago is racing toward a Hong Kong IPO backed by seven funding rounds, but a prospective price-to-sales multiple exceeding 380x is forcing investors to ask whether secondary-market buyers will be left holding an overpriced baton. Linkerbot, formally registered

ModelBest’s MiniCPM Powers Samsung Phones as On-Device AI Goes Mainstream

Chinese on-device AI startup ModelBest has secured a partnership with Samsung to embed its proprietary MiniCPM series of edge AI models across multiple flagship smartphone lines, marking a significant step in the commercialization of on-device large language models in China's mobile market. According to an exclusive

CXMT’s RMB 29.5B IPO Sparks 5x Surge, But Memory Cycle Risks Loom

China's sole scaled DRAM producer hits the STAR Market at a RMB 579 billion (US$80.4 billion) valuation, even as crypto derivatives on Hyperliquid briefly priced the company above Industrial and Commercial Bank of China—a disconnect that lays bare both the geopolitical premium attached to domestic

ChinaBiz Briefing | DeepSeek IPO Push, Huawei's 5G Return, China Auto Exports Surge

China's technology and industrial sectors delivered a dense cluster of structurally significant signals on July 15 — from DeepSeek's accelerating march toward public markets to Huawei's quiet dismantling of a six-year sanctions chokepoint. Across automotive, AI, and robotics, the common thread is the same:

China’s EREV Shakeout Begins: Li Auto Slips as Xiaomi Bets Against the Trend

The segment that turbocharged China's new-energy vehicle revolution is now shrinking, and the industry's strategic responses are diverging sharply — with profound implications for investors tracking the country's RMB 4 trillion (US$556 billion) auto market. Wholesale volumes of extended-range electric vehicles (EREVs)

China's AI Unicorn ModelBest Surpasses RMB 20B Valuation After RMB 5B AI Funding Surge

Beijing's ModelBest has emerged as China's most highly valued on-device AI unicorn, closing the first half of 2026 with cumulative fundraising exceeding RMB 5 billion (US$694 million) and a valuation surpassing RMB 20 billion (US$2.78 billion) — a milestone that signals a decisive

Huawei Returns to Global 5G Arena With Pura 90s Pro, Cracking U.S.-Japan RF Supply Chain Lock

Huawei on July 14 launched its Pura 90s Pro international edition in Kuala Lumpur, Malaysia — the company's first overseas 5G flagship smartphone since U.S. export controls effectively severed its access to advanced radio-frequency components in 2019, marking a supply-chain milestone that extends well beyond a

Xiaomi’s Humanoid Robot Closes Human Gap With 98% Accuracy on EV Assembly Line

0:00 /5:01 1× Xiaomi's humanoid robot has narrowed the performance gap with experienced factory workers to a single percentage point after just four months on a live automotive production line—a milestone that signals the technology is transitioning from controlled demos to industrial viability. Lei Jun,

H1 2026 China Auto Exports Hit 5.1M, Making Overseas Markets the New Growth Engine

Exports now account for one-third of total vehicle sales as June shipments breach the one-million-unit monthly threshold for the first time, exposing a deepening structural bifurcation between collapsing home demand and accelerating overseas expansion. China's automotive sector posted first-half 2026 exports of 5.096

DeepSeek Eyes 2027 IPO, Targets RMB 10B Pre-Listing Raise in China AI Race

DeepSeek is preparing for a domestic initial public offering targeting a 2027 listing, while simultaneously pursuing a private fundraising round of at least RMB 10 billion (US$1.39 billion) at a pre-money valuation of approximately RMB 481.4 billion (US$71 billion) — a move that signals the company