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Leo Pang

Tencent Launches Hy3 Preview, Pivoting AI Race to Monetization

Tencent has launched its 295-billion-parameter Hy3 preview model, signaling a strategic pivot in China’s artificial intelligence race from raw parameter scaling to immediate ecosystem monetization. Initiated in late January 2026 and deployed in under three months, the new Mixture of Experts (MoE) architecture marks the first major

Voyah Escalates Premium SUV Price War With Huawei-Backed Taishan X8

Dongfeng Motor's premium electric vehicle unit Voyah (岚图) is escalating the intense price competition in China's large SUV market by equipping its new Taishan X8 with flagship-level hardware and Huawei's advanced autonomous driving suite for a starting price of RMB 302,900 (US$

Xiaomi Slashes AI Agent Costs with MiMo-V2.5 Launch

Xiaomi has escalated China's artificial intelligence price war with the sudden launch of its MiMo-V2.5 large language model series, aggressively targeting token efficiency and complex agent automation just days before the anticipated release of DeepSeek V4. Led by former DeepSeek core developer Luo Fuli, the release

Horizon Robotics Launches Unified Architecture to Challenge Tesla's FSD Dominance in China

Chinese autonomous driving semiconductor leader Horizon Robotics has unveiled its first unified cabin-driving computing platform, a strategic move that fundamentally alters the cost structure for domestic automakers engaged in a protracted price war. Unveiled just ahead of the Beijing Auto Show, the new "Starry" chip series and

ChinaBiz Briefing | Pony.ai Profitability Milestone, Alibaba Qwen3.5, Pop Mart Debate

China’s tech and industrial sectors are entering a more mature phase defined by profitability, AI capability upgrades and shifting investor expectations. Autonomous driving is moving from unit economics to scale, while AI competition intensifies across multimodal models. At the same time, capital markets are reassessing valuations across EV supply

Zeekr’s Growth Falters as Parent Geely Tightens Control

Zeekr, the premium electric-vehicle brand of Geely Automobile Holdings Ltd., is grappling with slowing growth and a sweeping strategic overhaul that is subordinating its once-prized independence to the directives of its parent company. A series of management and structural changes aimed at integrating Zeekr more deeply into the

Unitree Robotics to File for China IPO in Fourth Quarter

Hangzhou-based Unitree Robotics (宇树科技) plans to file for an initial public offering in China during the fourth quarter of 2025, according to a company announcement on the social media platform X, which was subsequently reported by Bloomberg News. The move is expected to provide the first comprehensive public disclosure

JPMorgan Sees A "Chinese Hello Kitty" In The Making As Pop Mart Unleashes "Super IP" On The World

In a bullish note that is sure to turn heads, JP Morgan analysts on August 15, 2025, doubled down on their "Overweight" rating for Pop Mart International Group Limited , outlining a cascade of catalysts that could propel the art toy giant into a new stratosphere of global IP

DJI Enters Robot Vacuum Fray, Betting Drone-Grade Engineering Can Outlast Hype

DJI, the world’s dominant drone manufacturer, is entering the crowded robotic vacuum market with its long-awaited ROMO, a device that deliberately shuns popular industry trends in favor of a deep-rooted focus on fundamental engineering, long-term reliability, and user experience. After a development cycle spanning nearly five

iQOO Unveils Z10 Turbo+ With MediaTek's Top Chip, Targeting Budget Gaming Segment

iQOO has launched its new Z10 Turbo+ smartphone, packing a flagship-level processor and a substantial battery into a device aimed at the competitive, performance-focused mid-range market. The new model, unveiled on August 7, is powered by MediaTek Inc.'s latest Dimensity 9400+ chipset. It also features