The on-track success translated into immediate commercial gains and generated online buzz for the company and its founder, Zhang Xue.
Tagged By business
New Freelander brand shows its first concept SUV from China
Chery’s attempt at a real Land Rover is looking good.
Blockchain, Web3, and the Metaverse: Legal, Managerial, and Financial Pathways for Future Business and Governance
Digital ecosystems are undergoing a transformative era with the emergence of Blockchain, Web3, and the Metaverse. Blockchain serves as the foundational technology enabling secure and transparent …
Huione crypto scam chairman extradited to China to face charges
Li Xiong, the former chair of Huione Group, an alleged crypto crime organization, has been arrested in Cambodia and extradited to China to face fraud and money laundering charges.
Nike shares fall 9% on weak outlook, expected 20% sales decline in China
Nike has shown some gains in North America, its largest market, amid its turnaround, but the strength was offset by weakness in China.
Cambodia Extradites Alleged Huione Crypto Scam Kingpin to China: Report
Chinese authorities have arrested Li Xiong, former chairman of Huione Group, linked by U.S. regulators to billions in illicit crypto flows.
Best Budget Smartphone Brands from China in 2026
Overview Chinese companies have a very strong presence in the budget smartphone sector, offering feature-rich phones. Nowadays, 5G budget smartphones and f …
Nike can’t fix its China problem and that’s tanking its stock
The sneaker maker is losing ground in its second biggest market and warns that the next quarter there could be worse.
Humanoid Robots Go Public: China’s Unitree Files $610M IPO Amid Surging Demand
Unitree Robotics files for a $610 million IPO after achieving rare profitability in humanoid robotics, signaling a potential turning point for the industry.
How China can survive without the Strait of Hormuz
In response to the closure of the Strait, officials across Asia are asking citizens to take shorter showers or work from home to save energy. In China, the ruling Communist Party’s flagship newspaper …
China’s CAS Space targets $607 million IPO for reusable rocket R&D
By Eduardo Baptista BEIJING, April 1 (Reuters) – China’s CAS Space Technology is seeking to raise around 4.18 billion yuan ($607 million) in a planned listing on Shanghai’s tech-focussed STAR Market, …
After Two Decades, China No Longer Dominates U.S. Cell Phone Imports
Vietnam and India are now part of a supply chain for cell phones and parts that once was the sole provence of China.
Nike Q3 earnings beat estimates, with China business in focus
Nike (NKE) reported third quarter results on Tuesday after the closing bell. Earnings per share (EPS) came in at $0.35 (compared to analyst estimates of $0.31), and revenue came in at $11.28 billion …
