Shanghai Songjiang Sijing homestead attracted six bidders to bid for 1.9 billion yuan to "touch the top"

Beyond Capital: Why Europe Needs Industrial Partners, Not Just Investors

Europe’s reindustrialization is creating new opportunities for Chinese companies. However, the winners will not necessarily be those seeking quick acquisitions or rapid market access. The real opportunities belong to companies capable of embedding themselves into Europe’s industrial ecosystem and supporting the long-term transformation of local industries.

ByteDance’s Proposed US$20 Billion Offshore Loan Draws More Than US$30 Billion of Demand

ByteDance (字节跳动) has drawn more than US$30 billion of demand for a proposed syndicated loan that could become its largest offshore borrowing, Bloomberg reported on Aug. 19, underscoring lenders’ appetite to finance the TikTok owner’s expanding artificial-intelligence infrastructure plans.

Geely Raises 2026 Export Goal to 920,000 Units as It Expands Hybrid and Local Production Push

Geely Automobile Holdings Ltd. (Geely Auto; 吉利汽车) has lifted its 2026 export target from 640,000 to 920,000 vehicles after reporting record first-half overseas sales, setting its sights on annual overseas volume of 1 million units as it broadens hybrid offerings and accelerates local production partnerships.

TikTok Shop’s US Online-Spending Share Reaches 2%, Consumer Edge Data Show

TikTok Shop accounted for about 2% of US online retail spending in July, exceeding the estimated online spending captured by Target, Costco and Home Depot, according to Consumer Edge transaction data cited by Chinese e-commerce outlet Ebrun.

BYD overtakes Hyundai to become No. 3 NEV seller outside China

BYD（比亚迪）sold 497,000 new energy vehicles outside China in the first half of 2026, up 81.4% from a year earlier, overtaking Hyundai Motor Group to rank third in the global market excluding China, according to SNE Research data released on August 11.