TechWire

JD.com in talks to buy German e-commerce firm Ceconomy for €2.2 billion

MH Markets attends Waton Financial's NASDAQ bell-ringing ceremony, officially announces IPO schedule

WTF rings Nasdaq bell, preparing to provide brokerage services to AIs

2025.09.14

18:54

                            Dashi Intelligent signed a contract with Xiaomi for Wuhan Phase II Intelligent Project with a contract value of RMB 23.869 million
                        
                            On the evening of September 14th, Dashi Intelligent announced that it had reached an agreement with Xiaomi's Mi Space Wuhan Information Technology Co., Ltd. to undertake the construction of Xiaomi's Wuhan Phase II intelligent project. The contract amount is 23.869 million yuan, accounting for 0.75% of the audited operating income in 2024. Reporters noted that Dashi Intelligent and Xiaomi have previously collaborated on business. In May 2024, the company announced that it had undertaken the intelligent project of Xiaomi's Shenzhen International Headquarters for a contract amount of 10.82 million yuan. In recent years, Dashi Intelligent has positioned itself as an intelligent space service provider. Based on its independently developed AIoT intelligent Internet of Things management and control platform, it aggregates modular space scenario applications to provide users with full-lifecycle smart space services in multiple market sectors such as corporate parks, hospitals, urban rail transit, and data and computing centers.
                        
17:28

                            Topstar: The first humanoid robot product "Xiaotuo" has completed multiple rounds of verification
                        
                            Topstar has released a record of its investor relations activities. The company's first humanoid robot, "Xiaotuo," is based on an embodied model jointly developed by the company and Zhipu, enabling autonomous reasoning and decision-making for complex tasks. Leveraging its understanding of industrial customer scenarios and accumulated technical expertise, "Xiaotuo" has completed multiple rounds of validation in the injection molding workshop. By integrating a 3D camera with an AI visual inspection system, it can identify the yield of injection molded parts in real time and autonomously complete processes such as tray loading, achieving full automation from inspection to operation.
                        
13:33

                            Southbound funds saw a net inflow of over HK$60 billion in a week, with internet leaders receiving significant investment.
                        
                            This week (September 8th to 12th), major Hong Kong stock indices saw a collective rise. According to statistics, southbound funds saw a net inflow of HK$60.822 billion, the highest weekly net inflow since May and an 83.97% increase from the previous week, marking the 17th consecutive week of net inflow. Twenty-nine stocks made the list of the top ten most active stocks each day. Alibaba-W saw the highest total trading volume through the Hong Kong Stock Connect, reaching HK$70.27 billion. Meituan-W, SMIC, and Tencent Holdings all saw trading volumes exceeding HK$20 billion.
                        
11:56

                            Overweight gaming sector public funds explore incremental opportunities in gaming stocks
                        
                            As overseas expansion and artificial intelligence become key drivers for gaming companies to combat internal competition, reduce costs, increase efficiency, and achieve high gross profit margins, public funds are increasing their holdings in the gaming sector. As of September 11th of this year, Giant Interactive, a company heavily invested in by Southern Fund Management and Fullgoal Fund Management, saw its share price increase by approximately 2.5 times year-to-date. Jibit, a company heavily invested in by Ping An Fund Management, saw its share price increase by 1.3 times year-to-date. ST Huatong, a company heavily invested in by E Fund Management and Guotai Fund Management, saw its share price increase by approximately 2.6 times year-to-date. X.D., a company heavily invested in by Great Wall Fund Management and Manulife Fund Management, saw its share price increase by approximately 2.3 times year-to-date. Relatedly, by the end of the second quarter of 2025, the total market value of public funds' holdings in media stocks reached 36.341 billion yuan, a 35.97% increase from the end of the first quarter of this year. Among all media sub-sectors, fund managers have concentrated their overweight positions in the gaming sector, with public funds' holdings in the sector reaching 21.503 billion yuan, representing 59.17% of the total. Funds' holdings in the gaming sector have also seen a significant increase over the same period.
                        
11:29

                            Is Apple's new phone trending towards "no card"? Industry insiders say the model is a bit "useless"
                        
                            Apple recently launched an iPhone Air model that exclusively supports eSIM cards, sparking a wave of SIM-free adoption. China's three major carriers claim they have the necessary technology but are still awaiting further notification from relevant authorities. Independent telecom analyst Fu Liang believes this model may prove to be a "useless" product, and its appeal remains to be seen. The attitude of leading domestic mobile phone manufacturers will determine the success of eSIM adoption, with OPPO expected to release a related phone by the end of the year.
                        
08:32

                            Jiangsu Semiconductor Association: The dumping margin of US analog chips in China is as high as over 300%
                        
                            On September 13, the Ministry of Commerce announced the initiation of an anti-dumping investigation into imports of analog chips originating in the United States. According to application documents submitted by the Jiangsu Semiconductor Industry Association, four US manufacturers are implicated: Texas Instruments, Analog Devices, Broadcom, and ON Semiconductor. Preliminary evidence submitted by the Jiangsu Semiconductor Industry Association indicates that during the investigation period, prices of the US-origin products under investigation continued to decline significantly, with dumping margins exceeding 300% in exports to China. The products under investigation accounted for an average annual 41% share of the Chinese market. In terms of absolute import volume, the total import volume of the products under investigation has continued to rise significantly, reaching 1.159 billion, 1.299 billion, and 1.590 billion units in 2022, 2024, and 2025, respectively.
                        
08:25

                            Institutions conduct intensive research on concept stocks related to the Apple supply chain
                        
                            Apple's 2025 Fall Product Launch was one of the most anticipated electronics product launches by consumers in early September. A review of institutional research over the past month shows that several Apple-related stocks, including Crystal-Optech, Shenzhen Nan Circuit, Lens Technology, and Luxshare Precision, have received visits from over 200 institutions. Regarding future investment, institutions believe that the consumer electronics sector is entering a period of intensive new product releases. They are optimistic that Apple's new products will drive sales growth, and that subsequent progress in AI and foldable screens, as well as product innovation, will drive the booming wearables market, benefiting companies in the relevant industry chain.
                        
22:59

                            Strong inflow of foreign capital continues to heat up investment enthusiasm in the Chinese market
                        
                            Foreign investment in the Chinese market has recently intensified, with August seeing the largest monthly net purchase of Chinese stocks (onshore and offshore combined) since September 2024. Unlike previous offshore channels such as ADRs (American Depositary Receipts), this round of foreign capital inflows is more direct, gradually extending to the onshore market. Industry insiders analyze that the return of foreign capital is primarily due to China's leading advantages in cutting-edge fields such as artificial intelligence and robotics, as well as the positive signals released by recent economic stabilization policies. Technological growth, high-dividend assets, and high-end manufacturing have become key investment areas for foreign investors, with northbound capital participation through ETFs significantly increasing.
                        
22:20

                            Ohio lawmaker wants to allow utilities to adjust homeowners’ thermostats, water heaters
                        
22:17

                            UBS expects the S&P 500 to reach 6,800 by mid-2026
                        
22:15

                            Comedy Central pulls “South Park” episode that depicted Charlie Kirk after assassination
                        
20:20

                            The Ministry of Commerce spokesperson answered reporters' questions regarding China's announcement of an anti-discrimination investigation into US measures against China in the integrated circuit sector.
                        
                            Q: We have noted that China has launched an anti-discrimination investigation into US measures against China in the integrated circuit sector. Could you please provide more information? A: In recent years, the US has implemented a series of prohibitive and restrictive measures against China in the integrated circuit sector, including Section 301 investigations and export control measures. These protectionist practices are suspected of discriminatory practices against China and constitute an attempt to curb and suppress China's development of high-tech industries such as advanced computing chips and artificial intelligence. They not only harm China's development interests but also seriously undermine the stability of the global semiconductor industry chain and supply chain. China firmly opposes this. In accordance with Articles 7, 36, and 37 of the Foreign Trade Law of the People's Republic of China, China has decided to launch an anti-discrimination investigation into US measures against China in the integrated circuit sector and will subsequently take corresponding measures against the US based on the actual situation. This investigation will be conducted in an impartial, fair, and open manner. We welcome the active participation of all stakeholders affected by US measures, including Chinese industries and enterprises. China will take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises.
                        
20:13

                            The Ministry of Commerce spokesperson answered reporters' questions regarding the anti-dumping investigation launched against imported analog chips originating from the United States.
                        
                            A spokesperson for the Ministry of Commerce answered reporters' questions regarding the anti-dumping investigation launched against imports of relevant analog chips originating in the United States. Q: We have noted the Ministry of Commerce's announcement initiating an anti-dumping investigation against imports of relevant analog chips originating in the United States. Could you provide more information on this? A: Recently, the US government has generalized the concept of national security, abused export controls and "long-arm jurisdiction," and maliciously blocked and suppressed China's chip products and artificial intelligence industries. This is a serious violation of WTO rules and harms the legitimate rights and interests of Chinese companies. China firmly opposes this. This anti-dumping investigation was initiated at the request of domestic Chinese industries and complies with Chinese laws, regulations, and WTO rules. The investigation involves general-purpose interface and gate driver chips imported from the United States. Preliminary evidence submitted by the applicant shows that from 2022 to 2024, the cumulative import volume of the products under investigation from the United States increased by 37%, while the cumulative import price decreased by 52%. This has depressed and suppressed domestic product sales prices, causing damage to the production and operation of domestic industries. After receiving the application, the investigating authority reviewed it in accordance with the law and determined that the application meets the requirements for initiating an anti-dumping investigation and decided to initiate the investigation. The investigating authority will conduct the investigation in accordance with legal procedures, fully safeguard the rights of all stakeholders, and make an objective and impartial ruling based on the investigation results.
                        
18:04

                            Ministry of Industry and Information Technology: Further regulate the competition order of the automobile industry
                        
                            The 2025 China Automotive Industry Development International Forum opened in Tianjin today (the 13th). Officials from the Ministry of Industry and Information Technology, the Ministry of Commerce, and other departments offered suggestions on how to maintain fair market competition in the automotive industry in the near term and how to achieve higher-quality development during the 15th Five-Year Plan period. A representative from the Ministry of Industry and Information Technology stated that my country will continue to strengthen its efforts to transform its automotive industry into a green and low-carbon one. Next, my country will study and formulate the "Development Plan for the Intelligent Connected New Energy Vehicle Industry in the New Era." At the same time, China will support leading enterprises in taking the lead, integrating innovation among large, medium, and small enterprises, and accelerate the research and industrialization of technologies such as next-generation power batteries, automotive chips, operating systems, autonomous driving, and high-end equipment. "We will also implement a new round of measures to stabilize growth in the automotive industry and continue to optimize preferential policies such as vehicle purchase tax and vehicle and vessel tax for new energy vehicles. We will also further regulate industrial competition, maintain a fair and orderly market environment, and explore the carbon footprint management of power batteries," said Guo Shougang, Deputy Director of the First Equipment Department of the Ministry of Industry and Information Technology.
                        
17:46

                            The 2025 Xiongan New Area Digital Trade Innovation and Development Conference held a special event on cross-border e-commerce
                        
                            The 2025 China International Fair for Trade in Services (CIFTIS) Xiong'an New Area Digital Trade Innovation and Development Conference held a special cross-border e-commerce event on the 12th in Xiong'an. Themed "New Quality Cross-Border, Intelligently Inspiring the Future," the event featured keynote speeches, roundtable discussions, and platform presentations, focusing on emerging business models, technologies, and new regulations for cross-border e-commerce. Focusing on cutting-edge trends in cross-border e-commerce, paths for international cooperation, and the expansion of cross-border e-commerce in specialized industrial belts, the event also addressed topics such as the internal driving force behind cross-border e-commerce, platform development, and ecosystem services. Leading companies such as Alibaba International Station, eBay, Lianlian Digital, EasySingle, Ye Shuifu, China Logistics Group, Shouchuang Outlets, and Yilu Shangzhou gave presentations, offering suggestions for the development of cross-border e-commerce and the building of an ecosystem. During the event, seven companies and industry organizations, including Douyin Group and Shengshi Technology, announced project collaborations with the Xiong'an New Area. Representatives from Armenia and India in China also expressed their needs for cross-border e-commerce cooperation.
                        
1757847262
126997
0

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Trends

AI AI Tesla Nvidia Xiaomi bitcoin Alibaba Apple Tencent Huawei

Weekly Highlights

                                    Apple releases N1 chip
                            2025-09-10

                                    Nasdaq and S&P 500 hit new closing highs, while Apple closed down 1.48%.
                            2025-09-10

                                    Oracle (ORCL.N) opened up 2.6% after several brokerages raised their target prices. It will release earnings after the market close on Tuesday.
                            2025-09-08

                                    Kioxia shares surge after institutions raise target prices due to Nand's recovery
                            2025-09-11

                                    The Nasdaq China Golden Dragon Index closed down 0.95%.
                            2025-09-11