Economy of China

CEO of Kuaishou Su Hua: Kuaishou reaches 1 billion global monthly active users

Retrieved on: 
Wednesday, June 23, 2021
Mobile applications, Social networking services, Video software, Tencent, Application software, Software, Kuaishou, Su Hua, Economy of China, Zynn

Su Hua, CEO of Kuaishou Technology, emphasised at the conference that Kuaishou remains true to its beginning aspirations of recording and sharing life stories.

Key Points: 
  • Su Hua, CEO of Kuaishou Technology, emphasised at the conference that Kuaishou remains true to its beginning aspirations of recording and sharing life stories.
  • He also notes that it's an honor for Kuaishou to be able to document and enjoy the Olympic Games with all users.
  • Presently Kuaishou has 1 billion monthly active users from all around the globe.
  • According to Su, there are nearly 50,000 high-quality sports content creators and 150 million users who are sports fans on Kuaishou.

CEO of Kuaishou Su Hua: Kuaishou reaches 1 billion global monthly active users

Retrieved on: 
Wednesday, June 23, 2021
Mobile applications, Social networking services, Video software, Tencent, Application software, Software, Kuaishou, Su Hua, Economy of China, Zynn

Su Hua, CEO of Kuaishou Technology, emphasised at the conference that Kuaishou remains true to its beginning aspirations of recording and sharing life stories.

Key Points: 
  • Su Hua, CEO of Kuaishou Technology, emphasised at the conference that Kuaishou remains true to its beginning aspirations of recording and sharing life stories.
  • He also notes that it's an honor for Kuaishou to be able to document and enjoy the Olympic Games with all users.
  • Presently Kuaishou has 1 billion monthly active users from all around the globe.
  • According to Su, there are nearly 50,000 high-quality sports content creators and 150 million users who are sports fans on Kuaishou.

LexinFintech Signs Partnership with Huawei to Further Tap the Chinese Consumer Market

Retrieved on: 
Tuesday, June 22, 2021
Telecommunications, Huawei, Companies of China, Smartphones, Economy of China, Criticism of Huawei

SHENZHEN, China, June 22, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (Lexin or the Company) (NASDAQ: LX), a leading online consumption and finance platform for new generation consumers and users in China, today announced itspartnership with Huawei, in a number of areas to jointly tap the opportunities in the Chinese consumer market.

Key Points: 
  • SHENZHEN, China, June 22, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (Lexin or the Company) (NASDAQ: LX), a leading online consumption and finance platform for new generation consumers and users in China, today announced itspartnership with Huawei, in a number of areas to jointly tap the opportunities in the Chinese consumer market.
  • Lexins multi-level strategic partnership with Huawei will enable us to reach a wider group of quality users, whom well provide an array of services for, including consumer finance and consumption services, said Mr. Jay Wenjie Xiao, Lexin's chief executive officer.
  • In the meantime, Lexin hopes to enhance users' experience and product offerings together with Huawei, and help Huawei connect with more financial institutions by offering diversified consumer products and services.
  • LexinFintech Holdings Ltd. is a leading online consumption and finance platform for new generation consumers and users in China.

Frontera Therapeutics Starts GMP Manufacturing Facility Construction

Retrieved on: 
Tuesday, June 15, 2021
Frontera, Suzhou, East China, Geography of China, Economy of China

SUZHOU, China, June 15, 2021 /PRNewswire/ -- On June 9, 2021,Frontera Therapeutics Co., Ltd. ('Frontera') held a groundbreaking ceremony to start the construction of its Suzhou facility in bioBAY of Suzhou Industrial Park (SIP), Jiangsu, China.

Key Points: 
  • SUZHOU, China, June 15, 2021 /PRNewswire/ -- On June 9, 2021,Frontera Therapeutics Co., Ltd. ('Frontera') held a groundbreaking ceremony to start the construction of its Suzhou facility in bioBAY of Suzhou Industrial Park (SIP), Jiangsu, China.
  • This facility is designed for the clinical manufacturing and the initial commercial manufacturing of Frontera's rAAV gene therapy products.
  • Director Ni said, "Frontera is an innovative international gene therapeutics company, bearing the mission of bringing treatment solutions to patients in China as well as in the world.
  • Frontera has rapidly built up a world-class team with extensive experiences of the rAAV product development, consisting of research and preclinical development, CMC development and GMP manufacturing, clinical development, and regulatory filling talents.

ACM Research Provides Update on STAR Market IPO of ACM Research (Shanghai)

Retrieved on: 
Monday, June 14, 2021
Economy of Shanghai, Shanghai Stock Exchange, China Securities Regulatory Commission, Initial public offering, Financial markets, Finance, Economy of China

FREMONT, Calif., June 14, 2021 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today is providing an update on the status of the proposed initial public offering (the STAR Market IPO) and listing of shares of ACMs operating subsidiary ACM Research (Shanghai), Inc. (ACM Shanghai) on the STAR Market of the Shanghai Stock Exchange.

Key Points: 
  • FREMONT, Calif., June 14, 2021 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today is providing an update on the status of the proposed initial public offering (the STAR Market IPO) and listing of shares of ACMs operating subsidiary ACM Research (Shanghai), Inc. (ACM Shanghai) on the STAR Market of the Shanghai Stock Exchange.
  • The STAR Market listing of ACM Shanghais shares remains subject to review and approval by the CSRC.
  • The submission of ACM Shanghais application to the CSRC marks a significant milestone in our effort to complete the STAR Market IPO, said Dr. David Wang, ACMs President and Chief Executive Officer.
  • ACM currently owns a 91.7% equity interest in ACM Shanghai, and a substantial majority of ACMs consolidated revenue and net income is contributed by ACM Shanghai.

Global and Chinese Vacuum Toilet Assembly Industry 2021 Market Research Report - ResearchAndMarkets.com

Retrieved on: 
Monday, June 14, 2021
Construction & Property, Building Systems, Economy of China, Vacuum, Articles, Science

The "Global and Chinese Vacuum Toilet Assembly Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and Chinese Vacuum Toilet Assembly Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.
  • This report is a professional and in-depth study on the current state of the global Vacuum Toilet Assembly industry with a focus on the Chinese market.
  • Through statistical analysis, the report depicts the global and Chinese total market of Vacuum Toilet Assembly industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
  • Overall, the report provides an in-depth insight of the 2021 global and Chinese Vacuum Toilet Assembly industry covering all important parameters.

CITIC Telecom CPC won Datacloud Global Awards 2021

Retrieved on: 
Wednesday, June 9, 2021
CITIC Group, Companies of China, Companies, Economy of China, CITIC Telecom CPC, CITIC Telecom International, CITIC Trust, CITIC Guoan Group

SINGAPORE, June 9, 2021 - (ACN Newswire) - CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK:1883), is proud to announce the winning of "The Innovation Award" at the Datacloud Global Awards 2021.

Key Points: 
  • SINGAPORE, June 9, 2021 - (ACN Newswire) - CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK:1883), is proud to announce the winning of "The Innovation Award" at the Datacloud Global Awards 2021.
  • "CITIC Telecom CPC is much honored to receive the Datacloud Global Awards 2021 for our DataHOUSETM AR Remote Hand Service.
  • Other than Datacloud Global Awards 2021, DataHOUSETM AR Remote Hand managed to clinch the "GOLD STEVIE Award" in the 2021 Asia-Pacific Stevie Awards under the Innovation in Technology Development.
  • For more information about CITIC Telecom CPC's awards and recognition, visit https://www.citictel-cpc.com/EN/HK/Pages/about-us-accreditation
    We are CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT(TM) private network solutions, TrustCSI(TM) information security solutions, DataHOUSE(TM) cloud data center solutions, and SmartCLOUD(TM) cloud computing solutions.

China Construction Machinery Industry Report 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 3, 2021
Construction & Property, Other Construction & Property, Countries, East Asia, Articles, Industry of China, China, Machine industry, Made in China, Economy of China

The "Investigation Report on the Chinese Construction Machinery Industry Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Investigation Report on the Chinese Construction Machinery Industry Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
  • The production and export volume of China's construction machinery industry has been ranked first in the world.
  • Overall, from 2021 to 2025, the construction machinery industry in China will continue to develop.
  • The driving forces and market opportunities of China's construction machinery industry, 2021-2025
    Threats and challenges by China's construction machinery industry, 2021-2025
    Prospects for China's construction machinery industry, 2021-2025
    China Railway Construction Heavy Industry Co., Ltd.

Li Auto Inc. May 2021 Delivery Update

Retrieved on: 
Wednesday, June 2, 2021
Li Auto, Companies of China, Companies, Economy of China

BEIJING, China, June 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced that the Company delivered 4,323 Li ONEs in May 2021, representing a 101.3% year-over-year increase.

Key Points: 
  • BEIJING, China, June 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced that the Company delivered 4,323 Li ONEs in May 2021, representing a 101.3% year-over-year increase.
  • Deliveries of the 2021 Li ONE, the first vehicle in the world with a full-stack self-developed NOA in a standard configuration, have already started.
  • The Company had 83 retail stores covering 57 cities, and 147 servicing centers and Li Auto-authorized body and paint shops operating in 109 cities as of May 31, 2021.
  • All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

A Leading Property Project Management Company in China, CENTRAL CHINA MANAGEMENT COMPANY LIMITED Successfully Listed on Main Board of SEHK

Retrieved on: 
Monday, May 31, 2021
Companies, CK Hutchison Holdings, Economy of China, New World Development

HONG KONG, May 31, 2021 - (ACN Newswire) - CENTRAL CHINA MANAGEMENT COMPANY LIMITED ("CCMGT" or the "Company", stock code: 9982.HK), a leading property project management company in China, is officially listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") today.

Key Points: 
  • HONG KONG, May 31, 2021 - (ACN Newswire) - CENTRAL CHINA MANAGEMENT COMPANY LIMITED ("CCMGT" or the "Company", stock code: 9982.HK), a leading property project management company in China, is officially listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") today.
  • As of May 11, 2021, CCMGT had 234 projects with a total GFA under management of 28.4 million sq.m.
  • Since its inception, CCMGT has accumulated abundant experience and know-how in project management services.
  • The Company manages property development projects on behalf of Project Owners throughout the entire property development process, providing professional services ranging from project research and approval, project design and planning, construction and cost management, promotion and sales management to delivery of the final property to the ultimate property buyers.