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In Depth: Game Studios Have Bought Into AI, but Players Still Aren’t Sold

Generative tools are fueling a boom in fast, low-cost production, but as cheap titles flood the market, a crisis of trust is brewing among gamers looking for originality

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Chinese Robot Maker Unitree Soars 629% in Shanghai Debut

The company’s record-breaking opening surge on the STAR Market delivered massive windfalls to early backers including Meituan, HSG and Xiaomi

In Depth: China’s AI Component Powerhouse Faces Geopolitical Reckoning

Chinese firms such as Zhongji Innolight dominate the global market for high-speed optical modules, but a heavy reliance on U.S. buyers is exposing these hot stocks to Washington’s regulatory whims

Wang Lisheng is the sixth former chairman of provincial lender Bank of Jilin to be entangled in a corruption dragnet.

Former Jilin Financial Regulator Taken Away by Authorities

Wang Lisheng is the sixth former chairman of provincial lender Jilin Bank to be entangled in a corruption dragnet, highlighting the governance failures plaguing Northeast China’s local banking system

Taiwan Snack-Maker’s Chairman Threatens Job Cuts as Consumer Tastes Shift

Want Want China’s chief warns employees of crisis as the company struggles with plunging profits and a growing preference for healthier foods

INSIGHT
Aug 14, 2026 03:23 PM
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Photo: VCG

Guangzhou’s New-Home Prices Rise for Fifth Straight Month as Market Polarizes

Premium housing demand is masking continued weakness in lower-priced developments, driving a structural rise in average transaction prices

Aug 19, 2026 03:35 PM
Leapmotor founder and CEO Zhu Jiangming attends an industry event in Munich, Germany, on Sept. 8. Photo: VCG

In Profile: How Leapmotor’s Media-Shy Founder Overtook China’s Flashiest EV-Makers

After a costly first flop and years of self-funded survival, Zhu Jiangming’s patient, engineering-led approach vaulted the company to the top spot among the country’s new-energy vehicle upstarts

Aug 19, 2026 02:11 PM
The Zhuque-3 lifts off from the Dongfeng commercial space innovation pilot zone in Northwest China at 7:35 a.m on Aug. 19, 2026. Photo: LandSpace

China’s LandSpace Recovers Booster in Reusable Rocket Breakthrough

The Zhuque-3’s vertical landing on land marks a major step forward as the domestic commercial space industry races to lower costs and boost launch capacity

Aug 19, 2026 02:01 PM
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CX Daily: China’s AI Component Powerhouse Faces Geopolitical Reckoning

Chinese optical module giants’ reliance on U.S. buyers is exposing them to Washington’s regulatory whims

Aug 19, 2026 09:00 AM
New-energy vehicles awaiting shipment at Nanjing Port’s Longtan port area on Aug. 17, 2026. Photo: VCG

China’s Green Energy Exports Jump in July as EV Shipments Surge

Overseas sales of new-energy vehicles nearly doubled and total auto exports hit a record, helping sustain trade growth alongside strong semiconductor demand

Aug 19, 2026 04:29 AM
China’s financial regulator said mainland insurers will be allowed to invest in Hong Kong-listed ETFs through Stock Connect. Photo: VCG

China to Let Mainland Insurers Buy Hong Kong ETFs Through Stock Connect

Move opens a new channel for long-term mainland capital into Hong Kong, though regulators haven’t said when trading will begin

Aug 19, 2026 03:35 AM
The Spacesail booth at MWC Shanghai 2026 in Shanghai on June 24, 2026. Photo: VCG

Spacecom Raises $1.94 billion in Bet on China’s Starlink Rival

The latest round values the satellite operator at about 50.1 billion yuan, below earlier market expectations, as it pushes ahead with overseas expansion and a 15,000-satellite constellation

Aug 19, 2026 02:20 AM
CATL is securing a foothold in AI data centers and power supply with recent investments in Zhongheng, VNET and DeepSeek. Photo: VCG

CATL Buys Into AI Data-Center Supply Chain as It Seeks Next Growth Market

The battery maker has invested in Zhongheng Electric, VNET and DeepSeek since April, echoing its earlier EV playbook of securing demand and shaping standards before a market expands

Aug 18, 2026 11:17 PM
The Hong Kong Monetary Authority. Photo: VCG

Hong Kong Banks Ask Mainland Clients to Verify Offshore Source of Investment Funds

Move follows a May HKMA directive tightening scrutiny of cross-border securities activity and dormant investment accounts

Aug 18, 2026 10:45 PM
Li Shufu. Photo: VCG

Geely Founder Steps Down as Auto Unit Chairman

Li Shufu’s departure from listed automaker comes as Geely professionalizes management and accelerates its overseas expansion

Aug 18, 2026 06:10 PM
Residents shop at a supermarket in Huai’an, Jiangsu province, on Aug. 2. Photo: VCG

China Unveils Plan to Boost Consumption in Smaller Cities

Nine government departments have outlined 18 measures to upgrade retail infrastructure, create jobs and support domestic brands in lower-tier cities to offset saturated urban markets

Aug 18, 2026 05:56 PM
Investors say roughly HK$ 1 billion is tied up after accounts linked to ZD Group firm were frozen.

In Depth: Millions Tied Up as Hong Kong IPO Fund Network Runs Into Trouble

ZD Group is at the center of a massive redemption crisis, leaving investors locked out of roughly HK$1 billion

Aug 18, 2026 05:42 PM
Zhao Xiaozhe, a vice admiral of the Chinese navy and a former director of the Central Military Commission’s Science and Technology Commission. Photo: File photo

Ex-Directors of China’s Military Tech Commission Lose Elite Academic Titles

Zhao Xiaozhe and Liu Guozhi, who played pivotal roles in modernizing the armed forces, were dropped from the country’s top science and engineering academies without explanation

Aug 18, 2026 04:00 PM

Business Brief (Aug. 18): Premier Li Qiang Calls for Incremental Policies to Boost Domestic Demand

July retail sales growth slows to 0.6% amid weak demand; new home prices in tier 2 cities decline

Aug 18, 2026 01:50 PM
Residents seek consultations on July 7 at a community health center in Dalian, Northeast China’s Liaoning province. Photo: VCG

China Overhauls Insurance Payouts to Cure Overcrowding at Top Hospitals

New policy will equalize funding across all medical institution tiers with the goal of driving patients with routine illnesses to lower-cost community clinics

Aug 18, 2026 01:38 PM
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Head of Zheshang Bank’s Lucrative Bills Business Taken Away by Authorities

Lu Chuan’s sudden disappearance, the latest in a string of unexplained leadership changes, casts a shadow over a key profit engine at the Hangzhou-based lender

Aug 18, 2026 12:57 PM



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