Chris Liu
The Latest
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Foxconn Responds to Tax Investigation; Industrial Fortune Union Shares Plunge
Following a report by the "Global Times" on October 22nd that relevant departments were conducting tax audits and land use investigations into Foxconn's subsidiaries, Foxconn Group (also known as "Hon Hai Technology Group") responded on its official website on October 23rd. The company emphasized its commitment to legal and regulatory compliance worldwide and pledged to cooperate fully with the relevant authorities. 
Following a report by the "Global Times" on October 22nd that relevant departments were conducting tax audits and land use investigations into Foxconn's subsidiaries, Foxconn Group (also known as "Hon Hai Technology Group") responded on its official website on October 23rd. The company emphasized its commitment to legal and regulatory compliance worldwide and pledged to cooperate fully with the relevant authorities. -
Apple's Next Big Move: Generative AI Integration into iPhone and iPad by 2024
On October 20, reports emerged that Jeff Pu, an analyst at Haitong International Securities, believes Apple plans to integrate generative AI technology into the iPhone and iPad by the end of 2024 at the earliest. 
On October 20, reports emerged that Jeff Pu, an analyst at Haitong International Securities, believes Apple plans to integrate generative AI technology into the iPhone and iPad by the end of 2024 at the earliest. -
China Evergrande Reworks Debt Restructuring Amid Mounting Challenges
China Evergrande Group, the beleaguered property giant ensnared in a massive debt crisis, is in the process of amending terms of its previously proposed $20 billion offshore debt restructuring deal. The move comes in response to evolving circumstances for the firm and the demands of its creditors, according to a disclosure on Friday. 
China Evergrande Group, the beleaguered property giant ensnared in a massive debt crisis, is in the process of amending terms of its previously proposed $20 billion offshore debt restructuring deal. The move comes in response to evolving circumstances for the firm and the demands of its creditors, according to a disclosure on Friday. -
Shein's Balancing Act: Addressing Labor, Environmental, and Copyright Challenges Ahead of Potential U.S. IPO
Shein, a digitally native retailer, has emerged as a formidable player. With its roots in China and now headquartered in Singapore, the company's ambitions to go public in the U.S. have been met with both anticipation and skepticism. 
Shein, a digitally native retailer, has emerged as a formidable player. With its roots in China and now headquartered in Singapore, the company's ambitions to go public in the U.S. have been met with both anticipation and skepticism. -
BYD's Financial Triumph: Q3 Net Profit Set to Double Amid NEV Sales Surge
China's electric vehicle behemoth, BYD, has projected its net profit for the third quarter to skyrocket, potentially doubling from the previous year. This announcement has sent ripples across the automotive and financial sectors, underscoring China's burgeoning dominance in the new energy vehicle (NEV) market. 
China's electric vehicle behemoth, BYD, has projected its net profit for the third quarter to skyrocket, potentially doubling from the previous year. This announcement has sent ripples across the automotive and financial sectors, underscoring China's burgeoning dominance in the new energy vehicle (NEV) market. -
China's Baidu Takes the Lead with Latest ERNIE AI Model Amidst Fierce Tech Competition
China's tech giant Baidu has unveiled the latest version of its ERNIE AI model, marking a significant stride in the global AI race. This move comes as the world's leading tech companies are in a fierce competition to develop the most advanced and efficient AI models. 
China's tech giant Baidu has unveiled the latest version of its ERNIE AI model, marking a significant stride in the global AI race. This move comes as the world's leading tech companies are in a fierce competition to develop the most advanced and efficient AI models. -
Apple's iPhone 15 Faces Stiff Competition in China Amid Huawei's Rise
Apple Inc.'s latest offering, the iPhone 15, has encountered a challenging market in China, with sales figures not living up to the company's expectations. According to multiple analyses, the iPhone 15's sales in China have significantly lagged behind its predecessor, the iPhone 14. 
Apple Inc.'s latest offering, the iPhone 15, has encountered a challenging market in China, with sales figures not living up to the company's expectations. According to multiple analyses, the iPhone 15's sales in China have significantly lagged behind its predecessor, the iPhone 14. -
Dark Matter's Role in Shaping the Milky Way: New Insights from Harvard Researchers
The Milky Way, our home galaxy, has long been depicted as a flat, spinning disk of dust, gas, and stars. However, recent findings by astronomers from the Center for Astrophysics | Harvard and Smithsonian (CfA) have shed light on its distinctive warped shape, suggesting that this warp may be due to an irregular halo of dark matter surrounding the galaxy. 
The Milky Way, our home galaxy, has long been depicted as a flat, spinning disk of dust, gas, and stars. However, recent findings by astronomers from the Center for Astrophysics | Harvard and Smithsonian (CfA) have shed light on its distinctive warped shape, suggesting that this warp may be due to an irregular halo of dark matter surrounding the galaxy. -
Xiaomi Explores SUV Production Partnerships Amid Capacity Constraints - Report
Xiaomi is actively seeking collaborations with other automakers. According to sources close to Xiaomi who spoke to Jiemian News, Xiaomi Cars approached Jianghuai Automobile (JAC) in late August to discuss potential partnerships for the production of new energy vehicles. However, the two parties did not finalize any agreement. By October, Xiaomi Cars began negotiations with BAIC BluePark and Brilliance Auto regarding production collaborations. 
Xiaomi is actively seeking collaborations with other automakers. According to sources close to Xiaomi who spoke to Jiemian News, Xiaomi Cars approached Jianghuai Automobile (JAC) in late August to discuss potential partnerships for the production of new energy vehicles. However, the two parties did not finalize any agreement. By October, Xiaomi Cars began negotiations with BAIC BluePark and Brilliance Auto regarding production collaborations. -
Country Garden's Founding Family Steps In Amid Financial Strain: A Glimpse into China's Real Estate Turbulence
The founding family of Country Garden Holdings, one of the nation's largest real estate firms, has reportedly provided a substantial interest-free loan to the company. Amidst the backdrop of a broader financial crunch in the Chinese real estate sector, this development offers a window into the challenges and responses of major players in the industry. 
The founding family of Country Garden Holdings, one of the nation's largest real estate firms, has reportedly provided a substantial interest-free loan to the company. Amidst the backdrop of a broader financial crunch in the Chinese real estate sector, this development offers a window into the challenges and responses of major players in the industry.
