4 d. 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

5 d. ago China’s film distributors pledge more imports to diversify market

China’s film distributors have called for diversifying the country’s cinematic offerings with more and better titles from overseas, at a time when domestic productions have seized the lion’s share of the market from their imported competitors. At a work conference held by the state-owned China Film Group Corporation, as well as Huaxia Film Distribution, companies vowed to bring in “good titles from multiple countries” to improve the number, quality and market share of foreign films, state media...

Politics

5 d. ago Automakers' share of China NEV market in May: BYD No. 1 with 28.5%, Tesla No. 8 with 3.8%

Automakers' share of China NEV market in May: BYD No. 1 with 28.5%, Tesla No. 8 with 3.8%  CnEVPost

Politics

1 week ago Nvidia builds new AI chip for China with computing cluster capabilities: report

Semiconductor giant Nvidia is developing a new China-tailored artificial intelligence (AI) chip that complies with US export regulations and will enable users to link multiple units to create high-performance computing clusters, according to a report by digital publication The Information. Nvidia plans to produce more than 1 million units of its new B30 chip this year, the report said, amid efforts by the company to preserve its market share in the world’s second-largest economy in the face of...

Politics

1 week ago Novo Nordisk faces fierce competition in China’s diabetes drug market

Competition in the mainland Chinese market for diabetes and weight loss drugs is set to intensify as more than 60 late-stage drug candidates are undergoing clinical trials, according to a recent report. Up to 20 biosimilar or generic copies will vie for market share and add pricing pressure after Denmark-based Novo Nordisk’s semaglutide product loses patent protection in China next year, according to Boston-based global consultancy L.E.K. Consulting. Novo Nordisk’s patent will expire in 2031 in...

Events

2 w. ago Nvidia earnings updates: Wall Street watching for tariff impact, China market share

Nvidia earnings updates: Wall Street watching for tariff impact, China market share  Business Insider

Economics

3 w. ago NVIDIA Starts to Lose Ground In China, Market Share Drops Down to 50% As Huawei Manages To Capitalize On Team Green’s Desperate Position

NVIDIA Starts to Lose Ground In China, Market Share Drops Down to 50% As Huawei Manages To Capitalize On Team Green’s Desperate Position  Wccftech

Politics

3 w. ago Jensen Huang says U.S. chip restrictions have cut Nvidia's China market share nearly in half

Jensen Huang says U.S. chip restrictions have cut Nvidia's China market share nearly in half  CNBC

Politics

3 w. ago US port most dependent on China trade braces for new tariff impact after 90

Container traffic up in April ahead of US import tariffs, but first week of May saw a 30 per cent plunge in container volume.

Politics

3 w. ago US port most reliant on China braces for new tariff impact after 90

US port most reliant on China braces for new tariff impact after 90-day truce  South China Morning Post

Politics

3 w. ago China's factory output resists tariff impact, retail sales disappoint

China's factory output resists tariff impact, retail sales disappoint  Reuters

Economics

last month Huawei’s chip unit doubled revenue last year as firm gains China smartphone market share

HiSilicon recorded a surge in revenue in 2024, driven by strong sales of Huawei’s Pura 70 and Mate 70 handsets, according to Counterpoint Research.

Economics