Where Chinese Investors Meet Global Investment News and Opportunities

中國投資者探索環球投資新聞及機遇

Apple and Alphabet erase their gains for the year

Apple and Alphabet erase their gains for the year

Two of the biggest tech companies erased their gains for the year at Friday’s close. Apple and Google parent company Alphabet are now both down less than a percent year to date. The reversal comes on a day where the entire market saw a...

Read more
Xiaomi’s Huami Launches First Satellite, Explores Space-Based Wearables

Xiaomi’s Huami Launches First Satellite, Explores Space-Based Wearables

Huami, a smart wearable device developer unit of Beijing-based smartphone giant Xiaomi, launched its first satellite’Huami’ today at the Jiuquan Satellite Launch Center in China’s northern Inner Mongolia region. The orbiter will...

Read more
Exclusive: Tesla, smarting from trade war, seeks bids for China Gigafactory construction

Exclusive: Tesla, smarting from trade war, seeks bids for China Gigafactory construction

Tesla Inc has opened a tender process to build its Shanghai Gigafactory and at least one contractor has started buying materials, according to sources and documents reviewed by Reuters, the clearest indication that construction is imminent. The...

Read more
Uxin Shares Soar After Alibaba Agrees to Take Its Used Car Marketplace up a Gear

Uxin Shares Soar After Alibaba Agrees to Take Its Used Car Marketplace up a Gear

Shares in Uxin, which offers online services for used car sellers, gained nearly a third yesterday after Chinese retail behemoth Alibaba Group Holding agreed to help it rebuild its online marketplace to make it more user friendly. Stock in the...

Read more
Walmart to acquire home decor site Art.com, further extending its e-commerce push

Walmart to acquire home decor site Art.com, further extending its e-commerce push

Walmart plans to acquire online home decor retailer Art.com. The value of the deal isn’t disclosed. Marc Lore, head of Walmart’s U.S. e-commerce business, has said the company could one day own upwards of 40 digitally native brands...

Read more
Waymo unveils self-driving taxi service in Arizona for paying customers

Waymo unveils self-driving taxi service in Arizona for paying customers

Alphabet’s (GOOGL.O) Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually generate fares. With little fanfare, the company has begun charging...

Read more
Alibaba signs agreement with Belgium for e-commerce trade hub

Alibaba signs agreement with Belgium for e-commerce trade hub

Alibaba Group Holding Ltd said on Wednesday it has signed an agreement with the Belgium government to launch an e-commerce trade hub, which will include investments in logistics infrastructure. The project is part of Alibaba’s Electronic World...

Read more
China News Weekly 89 – Tencent Music presses play on $1.2 billion U.S. IPO

China News Weekly 89 – Tencent Music presses play on $1.2 billion U.S. IPO

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.

Read more
Verizon is launching RCS Chat on the Pixel 3 on December 6th

Verizon is launching RCS Chat on the Pixel 3 on December 6th

Verizon has confirmed to The Verge that it will be launching RCS Chat on the Pixel 3 and 3 XL on December 6th. Only those two phones on Verizon will have the feature, but the company tells me that it is “committed to bringing advanced messaging...

Read more
China Will Slash Car Tariffs, Trump Says in a (Vague) Tweet

China Will Slash Car Tariffs, Trump Says in a (Vague) Tweet

After the negotiations over steak dinners were done, after he said his goodbyes to President Xi Jinping of China and after both governments issued their public statements about the trade truce between the United States and China, President Trump...

Read more
UPDATE 1-Ping An-backed Lufax raises $1.3 bln at lower valuation -sources

UPDATE 1-Ping An-backed Lufax raises $1.3 bln at lower valuation -sources

* Fundraising values Lufax at $38 bln prior to closing -sources * Lufax was aiming for $40 bln valuation in this fundraising * Primavera, Qatar Investment among main investors -sources * Fundraising comes after Lufax postpones HK IPO -sources...

Read more
Do NOT follow this link or you will be banned from the site!