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Sheryl Zhu

T3 Chuxing Files HK IPO as Robotaxi Pivot Tests Profit Margins

Nanjing Lingxing Technology, operating as China's third-largest ride-hailing platform T3 Chuxing, has filed for an initial public offering in Hong Kong to bankroll its structural transition from a traditional mobility provider to an autonomous fleet operator. The filing arrives at a critical juncture for the state-

US Halts Chip Equipment Shipments to Hua Hong Amid 7nm Breakthrough Attempts

The United States has suspended shipments of advanced semiconductor manufacturing equipment to facilities operated by Hua Hong Semiconductor, China’s second-largest foundry, marking a significant escalation in Washington's efforts to cap Beijing’s domestic chipmaking capabilities in 2026. The intervention specifically targets Hua Hong's recent

CATL Secures 60GWh Sodium-Ion Battery Deal to Reshape Grid Storage

Contemporary Amperex Technology Co. Ltd has locked in the world’s largest sodium-ion battery order to date, a three-year, 60-gigawatt-hour supply agreement with energy storage system integrator HyperStrong, signaling a definitive commercial pivot away from lithium dependency in stationary storage. Signed in Ningde, Fujian on April

Xiaomi Bets on Custom 3nm XRING O3 Chip for Next Foldable

Xiaomi is preparing to equip its next-generation foldable smartphone with a proprietary 3nm processor, signaling an aggressive push to capture the high-end mobile segment and reduce reliance on third-party silicon suppliers in 2026. The custom semiconductor, reportedly designated as the XRING O3, represents a critical pivot in

Huawei's 2026 Smartphone Sales Surge Driven by Nova 15 and Premium Foldables

Huawei is accelerating its market share expansion in the Chinese smartphone sector, driven by robust volume in mid-range devices and aggressive pricing power in the ultra-premium foldable segment. As of mid-April 2026, the Shenzhen-based technology giant shipped over 3 million units of its mass-market nova

Moore Threads Swings to Profit in Q1 2026 After Intensive R&D Cycle

Chinese domestic graphics processing unit (GPU) developer Moore Threads has crossed a critical financial threshold, reporting its first quarterly profit in the first quarter of 2026. The financial milestone marks a vital turning point for the company, representing its first profitable quarter since debuting on the STAR Market. The positive

Lightelligence Surges 380% in HKEX Debut as Photonic Chips Capitalize on AI Compute Bottlenecks

Shanghai Lightelligence surged more than 380% on its Hong Kong trading debut, pushing its market capitalization to approximately HK$80 billion as global investors scramble for next-generation hardware capable of resolving severe artificial intelligence computing bottlenecks. Pricing its shares at HK$183.2, the world’s first artificial intelligence

BYD Escalates EV Price War With Sub-$15,000 Tech-Heavy Models

BYD is intensifying its margin-crushing strategy in China's automotive market, outfitting a new lineup of sub-RMB 100,000 (US$14,492) vehicles with premium driver-assistance systems and extended-range batteries to suffocate competitor market share ahead of the 2026 Beijing Auto Show. The Shenzhen-based

Huawei’s Epic Comeback: From Underdog to Tech Giant

Huawei was written off ❌—but it came back stronger than ever. From selling diet pills to the Mate 60 📱, this is the epic story of a tech giant that refused to quit. Can a tiny startup really take on Apple 🍎, Samsung, and dominate global tech? Watch and see how Huawei