Briefing

Keep up to date with top business news headlines in China.

Battery swapper Xiaoha Huandian raises hundreds of millions

State-owned assets Eternal Asia enters vape supply chain

World's first 600km/h high-speed maglev ready for test runs

China's carbon emission market starts trading

Meituan storms ride-hail battlefield as Didi in hot waters

Tencent suspends Huya and Douyu merger due to antitrust concerns.

The shares of both companies fell at opening on July 6.

Didi Chuxing blocked from App Stores in China after US IPO

Baidu sets up new chip company

Search giant Baidu has set up a new entity, Kunlunxin, to take over its artificial intelligent chip business.

Baidu’s Moon mission: 1,000 taxis on planet’s surface

Baidu and BAIC to deploy 1,000 Apollo Moon robotaxis over three years.

CTGR powers to biggest IPO

CTGR raised 22.7 billion yuan (US$3.6 billion) in its IPO, more than any other energy company in China.