43 m. ago GoPro rival Insta360 eyes global expansion after strong Shanghai IPO

Insta360, the Chinese action camera maker challenging GoPro, surged 285 per cent in its trading debut on Shanghai’s Star Market after raising 1.9 billion yuan (US$264.5 million) in the city’s largest initial public offering (IPO) in 17 months. Max Richter, who co-founded the company with 34-year-old Chinese entrepreneur Liu Jingkang in 2015, said Insta360 is “committed to expanding [its] global presence and elevating brand influence to boost [its] market share worldwide”. He identified China,...

Politics

6 h. ago Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed a fundraising plan aimed at bolstering its international expansion, but details about the share offering were still in the...

Science

6 h. ago Chinese surrender! Beijing bigwigs chowed on US fast food at London trade talks: ‘total cultural victory’

Chinese surrender! Beijing bigwigs chowed on US fast food at London trade talks: ‘total cultural victory’  New York Post

Politics

6 h. ago Hong Kong must ‘seize opportunities’ to attract talent amid US student visa woes

Hong Kong should capitalise on the opportunities arising from US-China tensions to attract more talent to its academic and tech sectors, heads of the city’s top medical schools have said, ahead of a visit to the world’s largest biotechnology event in Boston. Representatives from the medical faculties of the University of Hong Kong (HKU) and the Chinese University of Hong Kong (CUHK) will join the delegation of the government-funded Hong Kong Science and Technology Parks Corporation (HKSTP)...

Politics

7 h. ago As the PLA adopts civilian technology, Chinese bureaucracy could hinder progress

For decades, China’s talk of letting the private sector bid for defence orders had mostly been just that: talk. State-owned conglomerates had dominated the sector for decades, but in the middle of 2016, Beijing started to step up its military-civilian fusion strategy, publishing an official list of the sectors where private firms were being encouraged to contribute, such as swarming drone technologies. The plan is a central pillar of China’s ambition to develop a modernised military by 2035 and...

Politics

9 h. ago China, US officials agree to ‘framework’ that will need approvals by Xi, Trump

China and the United States wrapped up two days of high-level trade talks in London with an agreement “in principle to a framework” that each side will bring home for review by their top leaders. “The two sides agreed in principle a framework for implementing the consensus” that Chinese President Xi Jinping and US President Donald Trump reached in their phone call last week, and the consensus of high-level bilateral negotiations in Geneva last month, China’s top trade negotiator Li Chenggang...

Politics

10 h. ago Commentary: How Chinese imports are skirting Trump's tariffs

Commentary: How Chinese imports are skirting Trump's tariffs  Yahoo Finance

Politics

11 h. ago Two Chinese Aircraft Carriers Are Operating Beyond The First Island Chain For The First Time

Two Chinese Aircraft Carriers Are Operating Beyond The First Island Chain For The First Time  The War Zone

Transport

13 h. ago What the discovery of Chinese warships in the Pacific signals about Beijing’s intentions

What the discovery of Chinese warships in the Pacific signals about Beijing’s intentions  MSN

Events

15 h. ago Chinese children under 14 become latest targets of tougher US visa policies

The United States embassy in China has tightened its visa policy for children under the age of 14 years by removing an interview-free application process. The decision follows Washington’s recent threats to “aggressively revoke” the visas of Chinese students studying in the country and increase scrutiny of future applications. In a notice posted on its official visa application website USTravelDocs on Monday, the embassy said that applicants under 14 who submit a non-immigrant visa application...

Events

15 h. ago Chinese academy launches automated system to speed up chip design

The Chinese Academy of Sciences (CAS), the nation’s premier science institution, has unveiled a chip design system driven by artificial intelligence (AI) that has the potential to significantly accelerate semiconductor development and replace human programmers. Developed by the State Key Laboratory of Processor and the Intelligent Software Research Centre, both under CAS, and the University of the Chinese Academy of Sciences, the fully automated integrated circuit design system is called QiMeng,...

Politics

15 h. ago Video Shows Chinese 'Militia' Ship Near US Ally's Disputed Territory

Video Shows Chinese 'Militia' Ship Near US Ally's Disputed Territory  Newsweek

Politics

16 h. ago Apple’s most sweeping software redesign disappoints mainland Chinese consumers

Mainland Chinese consumers were left unimpressed by Apple’s most sweeping software redesign in its history, according to domestic social media posts on Tuesday, at a time when the US technology giant faces growing headwinds in the world’s largest smartphone market. Apple on Monday previewed a new software interface design, called Liquid Glass, during the company’s annual Worldwide Developers Conference held at its US headquarters in Cupertino, California. For the very first time, the new design...

Events

16 h. ago Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion

Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion  Reuters

Economics

17 h. ago China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough

China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough  Fortune

Politics

17 h. ago Trump–Xi call boosts Chinese president’s tough man image — and may have handed him the upper hand in future talks

Trump–Xi call boosts Chinese president’s tough man image — and may have handed him the upper hand in future talks  The Conversation

Politics

17 h. ago ‘Chaotic era’: Chinese state media say LA protests are proof of a broken America

Chinese state media have sought to portray the escalating Los Angeles protests against President Donald Trump’s immigration policies as proof of a broken government and the lack of social cohesion in the United States. Such a framing, alongside a mix of gloating and schadenfreude on Chinese social media, comes amid sustained US-China tariff tensions and ongoing high-level trade talks in London. The state-backed Beijing Youth Daily, in a commentary published on its social media page on Tuesday,...

Events

18 h. ago What are Hong Kong’s best deals, discounts for this year’s July 1 celebrations?

Hong Kong residents and tourists will be able to enjoy plenty of discounts, giveaways and other deals when the city celebrates the 28th anniversary of its return to Chinese rule on July 1. From Star Ferry fares to must-see museums, the Post gives a rundown of what the city has to offer for the occasion. Free transport Commuters will have a chance to win one of the 71,000 MTR tickets available in a raffle being held on July 1 via the rail operator’s mobile app. The tickets are valid until January...

Politics

18 h. ago A quantum leap: Chinese institute begins photonic chip production

An institute affiliated with Shanghai Jiao Tong University has commenced production of photonic chips, marking a milestone in China’s semiconductor sector and providing a boost to the country’s quantum computing capabilities in spite of increased US export controls. The Chip Hub for Integrated Photonics Xplore (CHIPX), located in Wuxi in eastern Jiangsu province, now produces 6-inch thin-film lithium niobate photonic chip wafers, according to local authorities. The development underscores...

Politics

19 h. ago Extravagant Chinese TV host Li Xiang mingles with royalty, spends US$10,000 on food

A popular Chinese television host has sparked fresh online controversy after it was revealed that the sticky rice dumplings she ate during the Dragon Boat Festival cost 1,000 yuan (US$140) each. Li Xiang, 49, who was born in Hunan province, central China, first rose to fame in 1997 as the host of the hit variety show Happy Camp. In the 2000s, she won the Most Popular Host award three times and received the Golden Mic Award, the highest honour for television anchors and hosts in China. As her...

Economics