On November 9, 2020, Inceptio Technology, a leading autonomous truck company, announced its US$120 million funding led by Contemporary Amperex Technology Co., Limited (CATL), ... ( read original story ...)
Dealers Spent Weeks in Isolation to Participate in Shanghai’s Art Week, the First Major In-Person Event Since Lockdown. Was It Worth It?
After nearly eight months of lockdown and travel restrictions that led to the cancellation of almost every major art fair around the globe, Shanghai’s art week made the bold decision to forge ahead ... ( read original story ...)
5G users to account for 20% of China’s mobile base by June 2021: Huawei
Large cities including capital Beijing and Shenzhen already enjoy full 5G coverage and 5G deployments are also accelerating in Shanghai ... ( read original story ...)
Is Production Volume at Tesla’s Shanghai Factory Surging?
Late last month, there were reports that Tesla ( NASDAQ:TSLA) was beginning to export vehicles from its factory in Shanghai to the European market. The news suggested that either demand was suffering ... ( read original story ...)
Hillhouse Says It Has No Interest to Take Soho China Private
Hillhouse Capital Management said it has no interest in taking Soho China Ltd. private. The Chinese property developer’s stock pared gains. ( read original story ...)
China’s president ‘personally blocked’ Jack Ma’s Ant Group IPO
In August, the Chinese fintech giant unveiled plans for a dual-listing stock market debut in Hong Kong and on the Shanghai Stock Exchange's Star Market. ( read original story ...)
Ant’s record-breaking $37 billion IPO was personally halted by China’s Xi Jinping after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn't go down well with the president or government officials. ( read original story ...)