Recently, Chinese nucleic acid testing companies have been controversial and accused of making huge profits during the COVID-19 pandemic. Among them, a company called Nucleus Gene has aroused widespread public doubts.
Southeast Asia, as a rapidly developing emerging region, has always been a popular destination for Chinese enterprises to begin their global ambitions. In this region, Indonesia has the largest land area, economic scale and population, so it is often one of the focal points of expanding enterprises.
China's leading battery manufacturer CATL is continuing to increase its reserves of lithium mine resources.
Jasper Luo, former president of Umeng+, an Alibaba-backed startup providing mobile app analytics solutions for mobile development teams and individual developers, reportedly joined Starbucks China earlier this year as CTO.
PDD Holdings, the multinational commerce group that operates the Pinduoduo and Temu platforms, said that it’s unlikely to sustain current profitability with planned increases in technology investments amid intense industry competition.
China's Shenzhou-15 crewed spacecraft mission will launch at 23:08 on November 29, which will wrap up the last stage of China's space station construction and kick off the first stage of its application and development.
Football fans in China previously watched the World Cup only through traditional television channels like CCTV or online video streaming platforms such as Youku, but during this year's edition, ByteDance's Douyin became the first short video platform in the country to obtain live broadcasting rights for the competition.
He Jiankui, a Chinese scientist who announced in 2018 the successful birth of the world's first genetically-edited babies, declared the establishment of a new laboratory in Beijing, where he plans to engage in scientific research on gene therapy for rare genetic diseases.
NiuTrans, a machine translation system that supports most major languages in the world, has recently added 84 new languages to its database, bringing the total to 388. The new languages in NiuTrans are expected to cover more than 120 million native speakers.
Xiaomi released its financial report for the third quarter of 2022 on November 23. Its revenue in the period was 70.47 billion yuan ($9.87 billion), down 9.7% year-on-year. Net profits were -1.476 billion yuan, while adjusted net profits were 2.117 billion yuan, down 59.1% year-on-year.
Suning.com and its logistics subsidiary became involved in a bankruptcy review case on November 21, triggering rumors about the e-commerce platform that has been struggling with a persistent debt crisis. This report was later officially denied by the company.
Hon Hai Precision Industry, a leading electronics manufacturer which trades as Foxconn Technology Group, announced on November 22 that it would recruit Chiang Shang-yi, a former executive at Taiwan Semiconductor Manufacturing Co (TSMC), as the group's new semiconductor strategy chief.
Pictures of a new "Maners Coffee" store located in Hong Kong's World Trade Centre were posted on November 21 on Xiaohongshu, a popular Chinese lifestyle-sharing platform. Apart from a slight change in its name, the logo is consistent with that of mainland chain Manner Coffee.
Chinese tech and Internet giant Baidu announced on November 22 its unaudited financial results for the third quarter ended September 30, 2022, beating market consensus, with Baidu Core's non-GAAP operating profit increasing by 14% year over year.
Richard Liu, the founder of Chinese e-commerce giant JD.com, announced in an email to all employees on November 22 that starting from January 1, 2023, the cash salary of senior managers will be reduced by between 10% and 20%.
The positions of legal representative and chairman of Ant Group's insurance agency company have recently been changed to Zhang Yu, Vice President of Ant Group. This marks another key executive change to the platform since April 2021.
GNDC, Apple's largest foundry in Shanghai, suspended recruitment of new employees in October, resulting in many factories and production lines standing idle. Luxshare Precision, an Apple supplier in Shenzhen, was reported to be in negotiations regarding the takeover of certain factories.
A preprint submitted by Chinese-American mathematician Thomas Yizhao Hou and his former graduate student and Chinese mathematician Jiajie Chen proved that a particular version of the Euler equations does indeed sometimes fail.
The public listing of SVOLT, a Chinese lithium-ion battery systems provider, was approved by the Shanghai Stock Exchange on November 18.
Since Yitang (Tom) Zhang published his newest paper on the Landau-Siegel zeros conjecture, the legendary Chinese mathematician has once again entered the spotlight. A recent report from a Chinese media outlet showcased his life and academic details.