Hints and tips:
...Shenzhen in January set up the first Middle East-China co-operation fund with Saudi Arabia’s PIF, with a value of $1bn....
...Upon arriving at the palatial entrance of BYD’s hexagon-shaped headquarters in Pingshan, on the outskirts of Shenzhen, a giant screen presents visitors with a question of biblical proportions: “Where is...
...The world’s fastest-growing major smartphone maker is now Transsion, the Shenzhen-based manufacturer behind the Tecno, Itel and Infinix brands....
...The Shenzhen-based group, which is also one of the world’s biggest battery makers, has been one of the main beneficiaries of a bruising price war that punished European, Japanese and US carmakers....
...And Shenzhen-based DeepRoute.ai, which already has a US office, is now setting up one in Europe to sell its assisted driving technology for driverless cars....
...Despite relying on existing industry technology for many years, BYD has focused on stripping out costs from the production process....
...The Shenzhen-based company, which has become emblematic of China’s rise as a powerhouse in clean technology, said on Monday that it sold a record 526,000 of its battery-only vehicles in the quarter, helped...
...But its Shenzhen-listed shares are down 45 per cent from its 2022 peak, pushing valuations down to over a decade low....
...They are betting that Carl Pei, Nothing’s chief executive, who previously co-founded Chinese smartphone brand OnePlus, can succeed where even Andy Rubin, the co-founder of the Android mobile operating system...
...He currently leads a state-backed venture called Shenzhen Qingyan Technology Transfer Co....
...This week’s trading update from world-leader Contemporary Amperex Technology Co. Ltd. proved those wrong. The battery group’s full-year earnings should handily beat analyst expectations....
...The proposed candidates to take over as co-CEOs are Dr Liu Renchen, a government adviser and vice-dean of the Research Institute of Tsinghua University in Shenzhen and Vision Fund managing partner Eric Chen...
...A decade on, the Shenzhen-based company led by Wang Chuanfu has claimed Tesla’s crown as the biggest producer of battery-powered cars....
...Liu and SoftBank Vision Fund managing partner Eric Chen are set to come in as co-chief executives....
...“There’s a change in behaviour . . . apps like Temu and Shein are [among] the number-one downloaded apps [in the US],” said Jacob Cooke, chief executive of WPIC Marketing + Technologies, which handles ecommerce...
...They have made entrepreneur Zhang Shengwei, 49, a fortune off the back of his majority ownership of Shenzhen iMiracle Technology and Heaven Gifts International, the companies behind both Elf Bar and Lost...
...Such concerns will now be applied to Chinese vehicles as well as batteries and other clean technologies, experts say....
...Eleanor Olcott is the FT’s China technology correspondent Follow @FTMag to find out about our latest stories first...
...That compares to a 0.3 per cent decline for the CSI 300 index of Shanghai- and Shenzhen-listed shares....
...“Our cars will not skid, drift or roll over,” he added, with more cutting-edge technologies to be used in future Yangwang models....
...An executive with the Shenzhen-based group, whose investors include Warren Buffett, said the company might also expand its Indian production base after 2025 if demand for its vehicles warranted it....
...This year the only listing in Switzerland has been Chinese — Zhejiang HangKe Technology Incorporated Co, which manufactures lithium battery equipment and raised $172mn....
...The Shenzhen-based company is highly self-sufficient, controlling its local supply chain of minerals and batteries as well as computer chips and other electronics....
...The editorial team can be reached at techasia@nex.nikkei.co.jp...
...The company’s Shenzhen-listed shares finished trading on Thursday down by the maximum daily limit at Rmb38.24 ($5.74) as Chinese markets returned from a three-day holiday....
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