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Online social and trading platform Xueqiu raises $120m from Ant Financial
Beijing-based Xueqiu announced on Monday it completed D-round financing of $120 million from Ant Financial Services Group.
AUSTRALIA MARKETS(2018-07-16)
Atlas Iron’s dire financial position has worsened as shareholders consider a $390 million all-cash takeover offer.
Hyundai Motor's union: U.S. car import tariffs to cause job loss in U.S.
Hyundai Motor's union said in a statement that if slumping car sales at home and abroad lead inevitably to factory shutdown.
Tesla CEO denies being top donor to Republican House committee
Tesla and SpaceX CEO Elon Musk denied that he is a top donor to a Republican political action committee dedicated to Republican dominance in Congress.
Forbes: Xiaomi CEO Lei Jun’s net worth $19.5b
Lei Jun, founder and CEO of Xiaomi, has an estimated real-time net worth of $19.5 billion as of July 13.
BMW to build EV global export base in China
BMW has inked a new long-term framework agreement with Brilliance Auto to build a new energy vehicle (EV) production base in China,
Intel acquires eASIC to bolster programmable chip business
Intel Inc plans to buy a small programmable chipmaker eASIC to diversify its chipmaking business beyond its traditional computer CPU chips.
SPIC issues first overseas social responsibility report
State Power Investment Corporation Limited (SPIC) unveiled its first enterprise overseas social responsibility report on July 10.
Zhongding supplies battery cooling system sealing products for Tesla
Anhui Zhongding Sealing Parts Co., Ltd.: the company supplies battery cooling system sealing products for Tesla new energy models.
SAIC Motor’s annual NEV sales expected to 600,000 units by 2020
SAIC Motor (600104.SH) said on July 10 that the company’s annual new energy vehicles (NEV) sales were expected to exceed 600,000 units by 2020.
Loon and Wing ‘graduate’ from X moonshots to independent businesses
Alphabet announced that its two startups, Loon Project and Wing Project, have "graduated" from its X incubator known as the "moonshot factory" .
Siemens, China's SPIC explore technology collaboration
SPIC and Siemens AG have entered into a Memorandum of Understanding (MoU) here to further confirm intention of technology collaboration.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails