13 h. ago China’s Xiaomi says returns from AI investments ‘far exceed expectations’

Chinese tech firm Xiaomi reaped returns from its artificial intelligence spending in 2025 that “far exceeded expectations”, the company’s president Lu Weibing said in a recorded video posted on Chinese social media platform Douyin. Lu said the Beijing-based company was pivoting to embodied AI after heavy investment in general AI over the past few quarters. The Beijing-based company’s efforts to apply AI in electric vehicles (EVs) and robotics are similar to Elon Musk’s plan of using the advanced...

Politics

32 h. ago After NBA’s return, China calls for foreign investment in domestic basketball

After NBA’s return, China calls for foreign investment in domestic basketball  South China Morning Post

Politics

65 h. ago Ford CEO praises Xiaomi SU7’s experience: It’s the Apple of China

Ford CEO praises Xiaomi SU7’s experience: It’s the Apple of China  CarNewsChina.com

Politics

8 d. ago UBS remains bullish on Chinese tech but warns of big market swings in 2026

UBS has warned of greater market volatility next year, citing risks ranging from weaker-than-expected artificial intelligence revenue to geopolitical tensions, but the Swiss investment bank remains bullish about Chinese technology shares and gold. UBS identified five major market risks for next year: economic weakness, a resurgence of inflation, government debts, renewed US-China conflicts, and disappointing returns from AI after three years of heavy investment. “One point that we can be very...

Events

2 w. ago Yum China’s Aggressive Expansion and Capital Return Plans Might Change the Case for Investing in YUMC

Yum China’s Aggressive Expansion and Capital Return Plans Might Change the Case for Investing in YUMC  Yahoo Finance

Politics

2 w. ago Chinese tech giants from Kuaishou to Tencent reap early gains from big AI bets

Chinese technology powerhouses are beginning to reap early returns from their heavy investments in artificial intelligence, with quarterly results showing the impact across businesses from short video platforms like Kuaishou Technology to social media giants like Tencent Holdings. Kuaishou, China’s second-largest short video app and rival to TikTok’s Chinese sibling Douyin, was the latest to highlight gains from AI adoption. The company, in an earnings statement on Wednesday, attributed its...

Politics

2 w. ago Xiaomi reaffirms safety focus after raising 2025 sales target to 400,000 units

Xiaomi, one of Tesla’s biggest challengers in mainland China over the past year, pledged to focus on the safety and reliability of its cars after its factory reached another milestone. Founder and CEO Lei Jun said on Thursday that Xiaomi had raised its full-year delivery target from 350,000 vehicles to 400,000 after ramping up production, but stressed that the quality of the SU7 sedan and YU7 SUVs would not be compromised. “We firmly believe that safety is a foundation and a priority,” he said...

Economics

2 w. ago China’s Xiaomi posts first profit from EV, AI units as quarterly earnings surge

Chinese technology company Xiaomi says it has turned a profit from its electric vehicle (EV) and artificial intelligence businesses in the third quarter, marking the first time the units have swung into black, with overall profits surging nearly 81 per cent from a year earlier. The smartphone-to-EV giant’s adjusted net profit in the three months ended September 30 reached 11.3 billion yuan (US$1.6 billion), according to its earnings release on Tuesday. The pre-adjustment profit surged 129.5 per...

Politics

2 w. ago [News] Memory Crunch Hits China: Xiaomi, Huawei Reportedly Tap Domestic Suppliers

[News] Memory Crunch Hits China: Xiaomi, Huawei Reportedly Tap Domestic Suppliers  TrendForce

Events

3 w. ago Returning expats fuel Hong Kong’s luxury rental rebound, Savills says

Hong Kong’s luxury residential rents are likely to climb another 3 to 5 per cent next year as growing numbers of returning Western expatriates and home-grown professionals drive demand for high-end accommodation, according to Savills. Deals were expected to exceed the 660 last year, said Jack Tong, the property consultancy’s director of research. “The outlook remains cautiously positive,” he added. For next year, Savills expected “stable to gently rising luxury rents as the supply of prime units...

Politics

3 w. ago Tesla China Sales Fall Behind XPeng, Nio and Xiaomi as Sales Hit 3 Year Low

Tesla China Sales Fall Behind XPeng, Nio and Xiaomi as Sales Hit 3 Year Low  eletric-vehicles.com

Events

4 w. ago Nvidia CEO says company not planning to ship to China, hopes to return

Nvidia CEO says company not planning to ship to China, hopes to return  Investing.com

Politics

last month Global private equity funds consider return to China as investors pivot from US

Global private equity funds consider return to China as investors pivot from US  Reuters

Economics