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Alibaba Stock Hits Four-Year High as Goldman Sachs Sees AI Infrastructure Revival

Alibaba Group Holding shares surged to a near four-year high in Hong Kong trading as Goldman Sachs raised its price target on the Chinese e-commerce giant, citing a revival in China's artificial intelligence infrastructure narrative driven by explosive enterprise AI adoption. The investment bank lifted its

Alibaba Invests in Hellobike's Robotaxi Business to Accelerate Autonomous Driving Push

Chinese bike-sharing company Hellobike announced September 17 that its robotaxi division has secured strategic investment from Alibaba Group Holding Ltd., marking a deepened partnership to accelerate commercialization of autonomous ride-hailing services through joint development of AI models and computing platforms. The investment builds on existing collaboration between the

China Reportedly Tests First Domestically-Made DUV Lithography Machine for AI Chip Production

A recent report has revealed that China's leading semiconductor manufacturer is conducting trials on the country's first domestically produced advanced chipmaking equipment, marking a significant step in Beijing's efforts to reduce dependence on Western technology and overcome U.S. export restrictions. According to the

Chery Launches Hong Kong IPO, Betting on Global Sales to Offset Tech Lag

Chery Automobile, a veteran Chinese carmaker, is launching its long-delayed Hong Kong initial public offering, betting its dominant overseas presence can win over investors as it races to catch up in the electric and smart vehicle transition. The listing, which marks the culmination of a 21-year saga of

Xiaomi's AC Blitz Cracks China's Appliance Cartel, Goldman Warns Of "Inevitable" Profit Hit

Goldman Sachs released a comprehensive analysis on September 15, 2025, examining how Xiaomi's aggressive expansion into China's air conditioning market is disrupting the established order and forcing traditional white goods leaders to adapt or face margin compression. The report, which downgrades Gree Electric Appliances to Neutral

China's CHJ Jewellery Seeks Hong Kong IPO to Tap Gen Z Gold Rush

Chinese fashion jeweler CHJ Jewellery is pursuing a Hong Kong initial public offering to fund a major expansion, aiming to capitalize on a cultural shift that has transformed gold from a traditional safe-haven asset into a must-have fashion statement for the nation’s younger consumers. The Shenzhen-listed

Meizu Bets on Compact Design With Meizu 22, Citing Chip Cost Pressures

Meizu is making a calculated bet on the premium compact smartphone segment with its latest flagship, the Meizu 22, focusing a premium design and camera system while making a strategic compromise on its processor to maintain a competitive price point. The move highlights the intense margin pressures facing smaller manufacturers

Hesai Technology Surges 10% in Hong Kong Trading Debut, Marking Potential Revival of US-China Cross-Listings

Chinese lidar manufacturer Hesai Technology Co. jumped as much as 10.4% in its Hong Kong trading debut, signaling renewed investor appetite for Chinese companies seeking dual listings amid a two-year lull in such offerings. The Shanghai-based company's shares opened at HK 235 per share,valuing

Li Auto Unveils i6 Electric SUV Targeting Younger Consumers Ahead of September 26 Launch

Li Auto officially announced its new five-seat electric SUV, the i6, positioning it as a "new-form factor" vehicle that will launch on September 26. The Chinese electric vehicle manufacturer is targeting younger consumers with what CEO Li Xiang describes as a third design approach in the

Chinese Humanoid Robot Sales Surge Despite Limited Capabilities as Companies Chase IPO Dreams

Chinese humanoid robot companies are generating substantial sales despite rudimentary technology, with industry veterans leaving lucrative tech jobs to capitalize on what many view as an artificial bubble before major tech giants enter the market. Unitree Technology announced its IPO process in September 2025, potentially becoming the first A-share