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Tencent Survival Game Tops iOS Charts With 40 Million Users

Tencent Holdings aunched its highly anticipated survival open-world crafting (SOC) title Out of Control: Evolution on July 9, instantly capturing the top spot on Apple's iOS free app chart in China and signaling a successful expansion into niche hardcore gaming genres. Operating under an official gameplay license

ROKAE’s HK$10.9B Debut Tests China's Embodied AI Market

Beijing-based ROKAE surged past a HK$10.94 billion valuation in its Hong Kong trading debut, signaling public market appetite for Chinese robotics makers transitioning from industrial automation to embodied artificial intelligence. Shares of the company (3752.HK) opened at HK$38.02 and climbed to HK$41.80

Tencent Caps WeChat AI Autonomy to Shield Super-App

Tencent restricts the autonomy of its newly integrated WeChat AI assistant, prioritizing 1.4 billion users' ecosystem security over full automation in 2026. The mid-2026 beta rollout of Xiaowei on WeChat version 8.0.75 represents a structural pivot in how China’s defining super-app deploys generative

Momenta Hong Kong IPO Anchors Physical AI Valuation With HK$6.8B Debut

Autonomous driving developer Momenta priced the "physical AI" narrative into a tangible public asset with its Hong Kong market debut, establishing a rigorous valuation baseline for a sector transitioning from venture capital speculation to public market price discovery in 2026. Trading under the ticker 6880, the July 8

ChinaBiz Briefing | Chinese Cars Pass Japan in Europe, DeepSeek Chips, Momenta IPO, Xiaomi SkyNomad

China's technology and industrial ambitions converged in a single trading day on July 8, 2026. From European roads to Hong Kong's stock exchange to China's semiconductor labs, the day's headlines trace a consistent arc: Chinese companies are no longer competing at the

SiliconFlow Bets on HKEx Listing to Fund China's AI Token Infrastructure Race

China's first dedicated AI token supply platform is heading to public markets, forcing investors to weigh a 653% revenue surge against a gross margin that has turned deeply negative — a tension that defines the entire AI infrastructure buildout cycle. Beijing SiliconFlow Technolog filed a listing application with the

Momenta Debuts as World's First "Physical AI" Pure-Play, Commanding HK$70B Valuation

Momenta — the Suzhou-headquartered autonomous driving and physical AI platform — began trading on the Hong Kong Stock Exchange on July 8, 2026, priced at HK$295.60 per share and opening to a market capitalization exceeding HK$70 billion (approximately US$9.7 billion). The listing, the largest among five

UBTECH's 13,000-Unit Pre-Order Surge Exposes a Deeper Delivery and Cash-Flow Crisis

A RMB 40 million (US$5.6 million) deposit pool, a two-year production backlog, and a stock that swung 70% in six months: UBTECH Robotics (9880.HK) is simultaneously running two high-stakes experiments—and capital markets are not yet convinced it can win either. The Hong Kong-listed

Unitree Clears China's Fastest STAR Market Review, Eyes RMB 4.2 Billion War Chest

The only pure-play humanoid robot manufacturer on China's A-share market is now fully registered for a STAR Market IPO — but the harder question is whether RMB 4.2 billion (US$583 million) is enough to hold off Tesla, NVIDIA-backed rivals, and a domestic field of

Xiaomi Launches SkyNomad Sub-Brand, Targeting Premium Family SUVs at Up to RMB 450,000

Xiaomi's automotive unit has officially unveiled a new brand called SkyNomad — known in as 澎程 (Péng Chéng) — marking the company's first move beyond its core EV lineup into a distinct sub-brand identity targeting the family outdoor travel segment. The announcement, made on July 8, positions