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This week: WeChat bans NFT-related accounts, Chinese state media warns Bitcoin price is heading to zero, Hong Kong crypto platforms suspend withdrawals amid global crypto sell-off, and more.
Tencent released an announcement on Monday at the Hong Kong Stock Exchange, stating that the company's major shareholder, Prosus, which is mostly owned by Naspers, would sell its shares.
During the Chongqing Auto Show on Saturday, Ruilan Auto, a joint venture established by Geely and Lifan Technology, released three new battery-swap EV models: the RL 7, RL 9 and 80V PRO.
Shenzhen Growatt has submitted a prospectus to the Hong Kong Stock Exchange (HKEx) in a bid to list on its main board. The co-sponsors of the move are Credit Suisse and CICC.
LightSpeed Studios, a prominent Chinese game developer and subsidiary of Tencent Games, released a teaser trailer for its new product on June 24, which was developed by Unreal Engine 5.
Shenzhen issued a public announcement which clearly stipulates that intelligent vehicles are to be allowed on the roads of the city after obtaining registration certificates, license plates and driving licenses.
Robin Zeng, Chairman of Chinese battery giant CATL, revealed that in addition to all-solid-state batteries and semi-solid-state batteries, previously unheard-of condensed matter batteries are now under development at CATL.
At the 2022 Chongqing Auto Show, Avatr, an automobile brand jointly built by Changan Automobile, CATL and Huawei, signed a new comprehensive strategic cooperation agreement on Saturday with Huawei.
Alibaba Sports' employees had received a letter from their CEO Mu Yang, saying that the company would be renamed as "Orange Lion Sports," and that he would also serve as the company's chairman.
A Leapmotor vehicle owner holding a white piece of paper with black text protested at the firm's official booth at the Chongqing Auto Show on Saturday, the first day of the event.
China Online Education Group (51Talk), a global education platform with core expertise in English teaching, on June 24 announced that it would split its English tutoring businesses in the Chinese mainland.
Chinese automobile manufacturer Baojun revealed the first look at its 2023 KiWi EV, the first mass production model equipped with DJI's intelligent driving system on Friday.
According to a Canalys report released on Friday, in the first quarter of 2022, global shipments of wristband devices decreased by 4% to 41.7 million units. At the same time, the transition from wristband to smart watches is continuing.
Last year, OPPO announced its first self-designed cutting-edge imaging NPU - MariSilicon X. According to a Chinese digital blogger, OPPO will apply the NPU on smartphone models of realme and OnePlus later this year.
