9+ hour, 26+ min ago  (395+ words) (Yicai) April 9 -- Zhongheng Electric's shares rose to their daily limit after the Chinese supplier of data center power systems said Contemporary Amperex Technology will invest CNY4. 1 billion (USD600 million) for a stake in its parent company and link arms on electrical equipment,…...

8+ hour, 34+ min ago  (12+ words) China's Caihong Surges After US ITC Finds No Corning Patent Breach'Yicai Global...

6+ hour, 48+ min ago  (403+ words) (Yicai) April 9 -- ZTO Express has launched the leading Chinese logistics provider's first international air cargo route to Europe, with the A330 P2 F all-cargo aircraft of its unit ZTO Aviation set to fly between Hong Kong and Budapest. ZTO Aviation held a…...

6+ hour, 56+ min ago  (379+ words) (Yicai) April 9 -- China's state-owned assets regulator has recently established a new department to strengthen supervision of and support for state-owned enterprises' overseas assets and operations, as more SOEs expand their investments abroad. The first director of the new bureau is…...

9+ hour, 19+ min ago  (1436+ words) (Yicai) April 9 -- Tokens are gradually becoming the core pricing and circulation unit for artificial intelligence services, impacting and influencing the business models of technology companies and becoming a new standard for measuring their competitiveness. The average daily token use of…...

11+ hour, 5+ min ago  (328+ words) (Yicai) April 9 -- The Chinese yuan climbed to a three-year high against the US dollar yesterday, driven by stronger domestic economic expectations, export-related settlement demand, and a weaker greenback. The onshore yuan closed at 6. 8274 versus the dollar, up 323 basis points compared…...

11+ hour, 58+ min ago  (387+ words) (Yicai) April 9 -- South Korean consumer electronics giant Samsung Electronics is expected to restructure its Chinese business, according to industry insiders. Samsung Electronics is set to adjust its strategy in China, possibly focusing solely on its mobile phone and storage businesses,…...

15+ hour ago  (189+ words) (Yicai) April 9 -- China has released trial Measures for AI Science and Technology Ethics Review and Service, the country's first dedicated regulations aimed at enhancing the high-quality development of the industry and preventing risks brought by innovative technologies." In addition, the…...

14+ hour, 4+ min ago  (471+ words) (Yicai) April 9 -- Chief economists surveyed by Yicai remained positive on China's economy for the ninth consecutive month in April, as they predicted a solid start to the year in the first quarter despite persistent external uncertainties. The Yicai Chief Economists…...

1+ day, 9+ hour ago  (500+ words) (Yicai) April 8 -- Chinese tourists spent CNY61. 4 billion (USD9 billion) in the country during the Qingming Festival, a 6. 6 percent increase from a year earlier, boosted by the alignment of the holiday with the new spring break for primary and secondary school students piloted....