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Chinese Mobile Games Dominate Overseas Markets in January 2026 as Gossip Harbor Claims Top Revenue Spot

Chinese mobile games continued their strong overseas expansion in January 2026, with Lemon Micro Fun's merge game Gossip Harbor capturing the top revenue position while Moonton's Mobile Legends: Bang Bang surged 122% to claim the growth chart crown, according to data released by Sensor Tower on

Why Chinese Tech Giants Are Racing to List Their Chip Subsidiaries

For years, China's internet giants quietly developed semiconductor capabilities behind closed doors. Now, their chip divisions are suddenly preparing for public markets. In early 2026, Baidu's Kunlun chip unit confidentially filed for a Hong Kong IPO, while Alibaba's chip subsidiary Pingtouge (T-Head) was

Alibaba's Qwen App Distributes Over 1 Million Free Drinks as Server Crashes Under Spring Festival Campaign Demand

Alibaba's AI assistant Qwen experienced severe technical disruptions on Thursday as its 3 billion yuan ($415 million) Spring Festival promotional campaign overwhelmed servers within hours of launch, underscoring the intensity of China's escalating AI app battle during the holiday season. The Qwen app had distributed more

Mercedes-Benz Cuts List Prices by 10% as Sales in China Plunge 19%

Mercedes-Benz has reduced manufacturer's suggested retail prices for select models by approximately 10% in China, marking a significant policy shift as the German luxury carmaker grapples with mounting dealer inventory pressures and a sharp sales decline in the world's largest auto market. The price adjustments,

Li Auto CEO Unveils Next-Generation L9 SUV with Premium Livis Variant at $78,000

Li Auto is set to launch its next-generation L9 SUV in the second quarter of 2026, with CEO Li Xiang announcing a premium Livis variant priced at 559,800 yuan ($78,000) that features groundbreaking technology including the world's first fully active 800V suspension system under 600,

CATL Launches Mass-Produced Sodium-Ion Battery Vehicle, Ushering in Dual-Track Era for EV Power Systems

Contemporary Amperex Technology (CATL), the world's largest battery manufacturer, has unveiled the first mass-produced passenger vehicle equipped with sodium-ion batteries, marking a strategic pivot that could reshape the electric vehicle supply chain as lithium carbonate prices surge toward recent highs. CATL jointly presented the vehicle with

NIO Achieves First Quarterly Profit as Deliveries Surge and Autonomous Driving Technology Advances

NIO has recorded its first quarterly operating profit since inception, marking a pivotal milestone for the Chinese electric vehicle maker as it gains traction with a multi-brand strategy and advances in autonomous driving technologyNIO. The company reported adjusted operating profit (non-GAAP, excluding share-based compensation) of between RMB

ChinaBiz Briefing | Tech Giants Pivot to Shareholder Returns, Flexible Chips, and New Hardware Frontiers

Chinese tech companies are recalibrating strategies amid market pressures and maturing industries. From Baidu's first-ever dividend to breakthrough flexible AI chips and smartphone makers eyeing new hardware categories, today's moves reflect a sector balancing immediate shareholder demands with long-term innovation bets. The common thread:

Chinese Startup AutoFlight Unveils World's First 5-Ton eVTOL Aircraft With 10-Passenger Capacity

AutoFlight has completed the first transition flight of the V5000 Tianjilong, marking a milestone in electric vertical takeoff and landing aircraft development. The 5-ton-class vehicle, which can carry 10 passengers or one ton of cargo, represents a significant scale-up from current eVTOL models and positions the Chinese

Baidu Unveils $5 Billion Buyback and Maiden Dividend in Shareholder Return Push

Baidu is doubling down on investor confidence with a sweeping new capital allocation strategy that includes a $5 billion share repurchase program and the company's first-ever dividend policy, marking a pivotal shift for the Chinese tech giant as it navigates an increasingly competitive AI landscape and market