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Shanghai to Launch Its First Direct Passenger Flight Route to a Central Asian Country in May
China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
New Energy Vehicle Sales Up 27% in August 2023
Tesla Announces Global Supercharger Network Surpasses 50,000 Units
Manus Parent Butterfly Effect Raises More Than $500 Million After Meta Deal Unwind
Butterfly Effect, the China-founded company behind AI agent Manus, has completed a funding round of more than US$500 million, the company announced on October 8. Boyu Capital and IDG Capital led the round, with existing investors Tencent, HSG and ZhenFund also participating. The company did not disclose its valuation or how it plans to use the proceeds.
Updated 1 hour ago
Wasion Unit Reports More Than CNY 4 Billion in Overseas Contract Awards
Wasion Holdings Limited(威胜控股)said its subsidiary Wayon Energy Technology had secured overseas contract awards worth more than CNY 4 billion from the start of 2026 through October 8. The orders cover data-center infrastructure and power-distribution equipment, with data-center thermal-management products and solutions accounting for more than CNY 570 million.
Yesterday 10:36 AM
Semiconductor chip stocks rose in early trading
Semiconductor chip stocks continued to rise in the afternoon
Which Way Is the Wind Blowing? How to Balance Geopolitics and Heavy Capex Investment
Over the past few years, geopolitics has moved from being an external variable in corporate globalization decisions to becoming a central concern for boards and investment committees.
Oct 08, 2026 05:15 PM
Unpacking China | Key Chinese Firms to Watch This Week (20/09/2026-26/09/2026)
Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.
Sep 26, 2026 08:18 AM
Large funds once again disclose the reduction plan
Which Way Is the Wind Blowing? How to Balance Geopolitics and Heavy Capex Investment
Oct 08, 2026 05:15 PM
From Paris to Shanghai: The Same Project, Two Different Views of Time
Sep 01, 2026 03:17 PM