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AutoFlight's V2000CG Breaks Global Barrier With First Overseas eVTOL Airworthiness Certificate

Indonesia's DGCA validation clears the 2-ton cargo drone for commercial operations across the archipelago's 17,000 islands — a regulatory first that signals China's eVTOL industry has crossed from domestic ambition to international commercial reality. AutoFlight, the Shanghai-based electric vertical take-off and

China's AI Model Stocks Diverge Sharply as Markets Demand Commercial Proof Over Narrative

Zhipu AI surges to an all-time high on Hong Kong markets while MiniMax tumbles two-thirds from its peak — a split verdict that signals a fundamental repricing of China's large language model sector. The divergence between the two companies, both listed on the Hong Kong Stock Exchange,

BYD Enters South Korea's PHEV Market, Targets Sales Triple Its EV Volume

BYD is pushing into South Korea's plug-in hybrid electric vehicle market, betting that its electric-first powertrain technology can rehabilitate a segment that has long struggled to win over Korean consumers. BYD Korea held a technical briefing in Seoul on June 17, formally announcing plans to launch

Momenta Races to Hong Kong IPO, Betting 'Physical AI' Narrative Can Outrun Tesla FSD

China's dominant urban autonomous driving supplier Momenta is set to launch a Hong Kong IPO by end of June 2026, targeting up to US$1 billion in proceeds at a valuation of approximately US$9 billion (RMB 65 billion)—a listing timed deliberately ahead of Tesla Inc.'

From RMB 30 Million to RMB 1.5 Trillion: InnoLight’s Rise as China’s AI Optical Module Leader

A startup that began with a RMB 30 million (US$4.2 million) seed round in the shadow of the 2008 financial crisis now anchors China's A-share top-ten by market capitalization—proof that capital, when deployed at the right industrial inflection points, can compress decades of

ChinaBiz Briefing | Baidu's AI Bet, BYD's EV Push, Zhipu's $2B IPO Bid, and China's Space Race

China's tech and industrial sectors are converging on a single strategic imperative: scale or be displaced. Wednesday's headlines span AI ecosystem warfare, electric vehicle market-structure intervention, a landmark LLM public listing, an OS platform battle, mobile gaming's global advance, and a commercial space

Baidu Triples AI Investment Pace, Deploying 39 Deals in 2026 Ecosystem Push

Baidu has executed 39 investments in the first half of 2026 alone — more than triple its H1 2025 tally of 12 — with 24 of those bets, or 62% of total deal count, directed at artificial intelligence and embodied intelligence, outpacing both Alibaba and Tencent in AI deal concentration as China&

Tariff Walls Force Chinese Automakers to Pivot From Export to Global Manufacturing

In the first five months of 2026, China exported a record 4.25 million vehicles, yet this headline figure masks a critical structural pivot: the era of pure export-driven growth is ending as Chinese automakers aggressively transition to localized global manufacturing. Facing a 125% tariff wall in the US

China's Humanoid Robot Makers Take to the Mall — But Only One Is Drawing Crowds

Unitree's flagship store on Shanghai's premier shopping strip is ringing up sales while Zhiyuan's suburban pilot outlet sits largely empty, exposing a stark divergence in go-to-market strategy as both companies race toward capital markets. The simultaneous brick-and-mortar push by China&

Zhipu AI Eyes RMB 15B STAR Market Raise in China’s First Pure-Play LLM Listing Bid

Beijing-based Zhipu AI clears a critical regulatory hurdle for its Shanghai STAR Market listing, seeking RMB 15 billion (US$2.08 billion) to fund next-generation model development — even as annual net losses surpassed RMB 4.7 billion in 2025, exposing the razor-thin margin between hypergrowth and commercial