Tesla's Revenue Nearly Doubles in Q2 2021 with Net Profit Surges 258%

On July 27, Tesla released its financial report for the second quarter of 2021 and shows an amazing performance.

New Oriental: 'Double Reduction' May Have Adverse Impact on Off-campus Tutoring Services

On July 26, New Oriental announced on the Hong Kong Stock Exchange that it was considering appropriate compliance measures in response to the 'Double Reduction' policy.

Eyes on a Dual Listing as Li Auto Passes HKEX Hearing

The Chinese EV upstart will seek to apply for a dual primary listing as an issuer with a different voting rights structure.

China Unicom to Step Down from NYSE in October

The action took effect in May this year after the board of directors decided to terminate the ADR, later issuing a notice to the ADR agency BNY Mellon.

Li Auto Reveals Product Roadmap, Will Launch at Least Two Pure Electric Models Every Year

Li Auto currently has only one model on sale, the Li ONE, which was released in 2019 and received an update in late May this year.

China's SAMR Orders Tencent to Give Up Exclusive Online Music Copyrights

The market regulator announced its decision on June 24.

CNE Express Raises over CNY 100 Mn in Series A

The experienced logistics expert is constructing a talent-oriented mode for its future development.

The First 5G Urban Tram Starts Is Open to Traffic

The tram is a pilot project of Zhejiang and China Mobil said they will explore more 5G advanced applications related to transportation.

Shanghai Stock Exchange Accepts CloudWalk Technology's IPO Application

The Chinese AI startup's Star Market listing was confirmed on July 20.

EV Upstart Faraday Future Eyes NASDAQ as Pre-ordering of its Mass Production Car Goes Live

The FF91 will be unveiled in the first half of 2022 but buyers can reserve the upcoming vehicle for CNY 50,000.

BYD to Push OTA Update to Han EV, Bringing Huawei HiCar Support

BYD previously announced that it would work with five apps to include Huawei HiCar on its in-car system DiLink.

Chinese Self-driving Truck Firm TuSimple Reportedly Launches Project to Build Vehicles

Self-driving software innovators TuSimple went public in the US on April 15, pricing their IPO at USD 40 per share, and the company's shares hit an all-time high of USD 79.839 on June 30, though they have since pulled back to USD 46.62.