WuXi Biologics posted H1 2025 revenue of RMB 9.95 billion, up 16.1% YoY, with IFRS net profit rising 54.8%. EBITDA grew 50.5% and gross margin reached 42.7%. The company added a record 86 new ...

Huawei confirmed that its Pura 80 smartphones use the Kirin 9020 chip, marking its first public processor disclosure since US tech sanctions began. Designed by HiSilicon and manufactured by SMIC using ...

Pop Mart reported H1 2025 revenue of RMB 13.9 billion, up 204.4% YoY, with net profit surging 396.5% on strong global demand for its Labubu collectibles and expansion into higher-margin overseas ...

Xpeng reported Q2 2025 revenue of RMB 18.27 billion, up 125.3% YoY, as deliveries rose 242% to 103,181 vehicles. Net loss narrowed to RMB 0.48 billion, while gross margin climbed to 17.3% and vehicle ...

Xiaomi posted record Q2 2025 results, with revenue up 30.5% YoY to RMB 116 billion and adjusted net profit rising 75.4% to RMB 10.8 billion. Smart EV revenue more than tripled to RMB 21.3 billion on a ...

OpenAI CEO Sam Altman warned that US export controls might not effectively counter China’s AI progress, which includes faster inference buildout and a surge in open-source models. That momentum, he ...