China Recap is a weekly roundup tracking Chinese companies expanding abroad, covering market entries, funding rounds, product launches, and global partnerships. China’s corporate globalization ...

Cambricon Technologies plans to raise RMB 3.98 billion to fund AI chip development, pending approval from the CSRC. The move follows a 280% surge in its share price over the past year, driven by ...

Anker Innovations is considering a Hong Kong listing as early as 2026, according to people familiar with the matter. The Shenzhen-listed electronics maker, valued at RMB 79 billion, has seen its share ...

Great Wall Motor has commenced production at its Iracemapolis factory in Sao Paulo, Brazil, its third overseas full-process manufacturing hub after Russia and Thailand. Converted from a Daimler plant, ...

Agibot said its full range of products is now available for sale on its own platform and JD.com, marking a step toward full commercialization. The lineup includes service, interaction, education, ...

Li Auto has reverted to a province-based sales model that previously fueled growth, less than six months after adopting a “warzone” structure. The shift follows lackluster i8 sales, mounting pressure ...

OpenRouter data shows Alibaba’s Qwen 3 Coder rose to a 20.5% share of coding tasks over the past week, up 15.4 percentage points since late July. The gains came as Anthropic and Google lost ground, ...

On August 17, Bilibili founder Chen Rui relinquished legal and executive roles at multiple subsidiaries, including a full departure from Huandian Technology and a partial exit from Kuanyu Digital ...

Baidu said its Apollo Go robotaxi service has completed 20,000 kilometers of road tests in Hong Kong since receiving the city’s first autonomous vehicle pilot license last November. The company also ...

Current and former OpenAI employees are reportedly in talks to sell about USD 6 billion of shares to investors including SoftBank Group, Thrive Capital, and Dragoneer Investment Group. The deal, still ...

Eswin, China’s largest 12-inch silicon wafer supplier, has won approval for a RMB 4.9 billion (USD 682.8 million) IPO on Shanghai’s Star Market. The proceeds will fund a second plant in Xi’an, ...

99Food, backed by China’s Didi, has launched in Sao Paulo with a commission-free year for restaurants, coupons worth BRL 99 for new users, and minimum payouts for couriers. The platform, which ...