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Xpeng’s next chapter lies in physical AI, says CEO He Xiaopeng

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Pulses

LiberLive debuts LiberAOS system

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KrASIA
LiberLive has introduced LiberAOS, a proprietary high-dynamic sampling and synthesis system that powers its new C2 stringless guitar. Built on a multicore chipset, the system reportedly captures detailed performance nuances and delivers studio-level sound through an advanced tone library and real-time audio engine.

Beijing resumes Nexperia chip exports

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Bloomberg
China said it has exempted compliant Nexperia chip exports for civilian use, marking a step toward easing trade tensions with Europe. The commerce ministry also urged the Netherlands to correct its “erroneous practices,” as automakers including Volkswagen and Honda warned of disruptions from the continuing supply dispute.

Kimi K2 Thinking outperforms US rivals

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SCMP
Moonshot AI has launched Kimi K2 Thinking, a one-trillion-parameter reasoning model that reportedly outperforms OpenAI’s GPT-5 and Anthropic’s Claude Sonnet 4.5 on key benchmarks. The Beijing-based firm said the open-source model’s MoE design enhances reasoning and agentic capabilities while providing API access up to ten times cheaper than US counterparts.

France halts Shein suspension move

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Reuters
French authorities have halted suspension proceedings against Shein after the retailer removed banned items, including sex dolls and weapons, from its site. Officials said Shein remains under close watch, with judicial proceedings and investigations still underway.

Nvidia says no Blackwell talks with China

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SCMP
Nvidia CEO Jensen Huang said there are no active discussions to sell its Blackwell chips to China under current US export restrictions. He added that the company has no plans to ship products there and holds no share of China’s AI chip market, though limited H20 chip sales remain permitted.

Musk wins backing for USD 1 trillion pay deal

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Reuters
Tesla shareholders have approved CEO Elon Musk’s record pay package, potentially worth up to USD 1 trillion over the next decade. Backed by more than 75% of investors, the plan ties Musk’s pay to long-term milestones in autonomous driving, robotaxis, and humanoid robotics, despite concerns over cost, oversight, and his growing influence.

Shenzhen vendors hit by soaring chip costs

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SCMP
Memory chip and storage prices have reportedly surged across Shenzhen’s Huaqiangbei electronics market, with some DDR5 models nearly doubling in price since September. Vendors said rising AI-driven demand for large-capacity chips has also tightened supply for consumer electronics, pushing up prices for smartphones, PCs, and tablets.

Douyin cracks down on AI imposters

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Jiemian News
Douyin has launched a crackdown on AI-generated and unauthorized videos that impersonate celebrities for product promotions, following reports that actress Wen Zhengrong’s likeness was used in fake live streams. Vice president Li Liang said the company has penalized over 11,000 accounts and removed thousands of infringing items since October.

EU probes Chinese tyre subsidies

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Reuters
The European Commission has opened an anti-subsidy investigation into tyres for cars, light trucks, and buses from China, citing evidence of unfair state support. The probe, which follows an anti-dumping review opened in May, comes amid a 51% rise in Chinese tyre imports since 2021 and could result in provisional duties within nine months.

Alibaba sees strong Singles’ Day results

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SCMP
Alibaba’s quick commerce arm Taobao Shangou generated more than 100 million non-food orders from new users during the first two weeks of its Singles’ Day campaign, the company said. The platform, backed by a RMB 50 billion subsidy plan, is emerging as a major growth driver as Alibaba faces weak consumer demand and rising e-commerce competition.

Chery opens first dealership in Germany

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Nikkei Asia
Chery has opened its first dealership in Germany through Ford dealer Autohaus Tonjes in Neuenburg, offering Jaecoo and Omoda hybrid car models. The launch marks the Chinese automaker’s entry into Europe’s largest automotive market, with plans to expand its dealer network and after-sales services across the country.

Shein forecasts USD 2 billion profit in 2025

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Bloomberg
Shein expects to report USD 2 billion in net income in 2025, nearly double last year’s USD 1.1 billion, as price hikes and cost-cutting help offset weaker US demand from new tariffs. The fast fashion retailer is advancing plans for a Hong Kong IPO, pending Beijing’s approval amid ongoing global scrutiny.

GE Healthcare partners with Alibaba’s Damo

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36Kr
GE Healthcare and Alibaba’s Damo Academy signed a cooperation framework on November 6 to integrate Damo’s AI-powered medical diagnostic technology into GE’s imaging devices. The partnership aims to create intelligent, unified diagnostic systems and accelerate their market rollout.

Singapore’s Hummingbird mulls Hong Kong IPO

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Cailian Press
Hummingbird Bioscience, a Singapore-based biotech firm, is said to be considering an IPO in Hong Kong next year, according to people familiar with the matter.

Huawei stores join Taobao Shangou

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36Kr
Huawei has connected 3,000 stores across 247 cities to Taobao Shangou, offering delivery within 30 minutes for customers within a five-kilometer radius. During the first phase of Tmall’s Singles Day campaign, Huawei’s Shangou transactions surged 1,910% week-on-week, adding about 190,000 new customers.

China exports to hit USD 4 trillion in 2026

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Nikkei Asia
China’s exports are projected to reach USD 4 trillion in 2026, driven by the global ascent of Chinese brands, according to Euromonitor International. Once seen as low-cost alternatives, brands such as Shein, Alibaba, and BYD are gaining soft power through innovation and design, helping sustain export growth despite ongoing US tariff uncertainty.

iFlytek unveils Spark X1.5 model

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36Kr
Chinese tech firm iFlytek unveiled its Spark X1.5 deep reasoning model on November 6, built on domestic computing infrastructure. The model reportedly improves MoE training efficiency and achieves more than 93% of international benchmark performance, supporting over 130 languages with overall capability reaching 95% of GPT-5’s level.

Tencent, Xiaomi, Shein top Gen Z brand list

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Beijing Business Today
Snapchat and Kantar have released their first ranking of the top 50 Chinese global brands favored by Gen Z consumers, with Tencent, Xiaomi, and Shein taking the top three spots. The study finds that the Gen Z generation values authenticity, digital experiences, and social connection, driving demand for immersive gaming, smart ecosystems, and personalized e-commerce.

Inflync unveils tilt-wing eVTOL aircraft

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KrASIA
Inflync has unveiled the L600, billed as the world’s first full-scale tilt-wing ducted eVTOL aircraft. The six-seat hybrid model offers a 600-kilometer range, modular interiors, and low-noise operation, with about 1,000 intent orders and commercial service planned for 2028.

Insta360 sees gains despite price cuts

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SCMP
Insta360 said price competition with DJI has expanded the 360-degree camera market, boosting its Q3 revenue 93% YoY despite thinner margins. The Shenzhen-based company is also entering the drone market through its Antigravity brand, pursuing new growth while investing in chip development to bolster long-term competitiveness.
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Events

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The 45th edition of GITEX Global and its sister event, Expand North Star, drew tens of thousands of participants to Dubai.

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