Auntea Jenny opened 68.5% above its IPO price at HKD 190.6, lifting its market cap to HKD 19.5 billion after a heavily oversubscribed IPO. The tea chain operates more than 9,000 mostly franchised ...

Baojun is set to debut a new SUV equipped with Huawei’s Qiankun ADS system and LiDAR. Slated for launch by year-end and priced at RMB 150,000–250,000, it will be Baojun’s priciest model to date, yet ...

Vehicle shipments from Tesla’s Shanghai plant fell 6% YoY in April, marking a seventh consecutive monthly decline. In contrast, BYD posted record sales and China’s NEV market grew 42%, underscoring ...

Shein and Temu reported US sales drops of 23% and 17%, respectively, in the week after raising prices to offset Trump-era tariffs. The declines follow the removal of a duty-free import loophole and a ...

Southeast Asia’s venture capital associations have released guidelines to set regional governance benchmarks for startups as ...

Geely has announced plans to acquire the remaining 34.3% of Zeekr it doesn’t already own, offering a 13.6% premium in a deal worth about USD 2.2 billion. The move would delist Zeekr less than a year ...

Nuevocor has raised USD 45 million in a Series B funding round co-led by Kurma Partners and Angelini Ventures, with participation from EDBI, ClavystBio, Boehringer Ingelheim Venture Fund, Highlight ...

Geely has announced plans to acquire the remaining 34.3% of Zeekr it doesn’t already own, offering a 13.6% premium in a deal worth about USD 1.1 billion. The move would delist Zeekr less than a year ...

Baidu has filed a patent for AI technology that interprets animal emotions by analyzing “voice, body language, behavioral changes, and other biological signs,” then translating them into human ...

Shares of Auntea Jenny rose 62.5% to HKD 183.8 in gray market trading ahead of its Hong Kong listing on May 8, lifting its market cap to HKD 18.8 billion. It is China’s fourth largest made-to-order ...

Uber will inject an additional USD 100 million in WeRide, its largest such investment to date, as the two expand robotaxi deployment to 15 cities across Europe and the Middle East. The move builds on ...

CATL may price its upcoming USD 5 billion HK share sale at a discount of less than 10% to its Shenzhen stock. The deal, expected to open for book building next week, could be the city's largest in ...