China

Toyota faces pressure from cheaper models as fuel prices rise.

Faster cloud growth is being accompanied by mounting pressure on earnings and cash flow from AI infrastructure spending.

The company’s handset business lost ground globally and in China, while its newer businesses grew to nearly a quarter of group revenue.

Overseas growth and a shift toward higher-priced vehicles helped offset weaker domestic sales.

Is Unitree’s big debut a sign of a broader investment trend?

Unitree’s IPO has raised valuation benchmarks, sharpening investor focus on companies that can scale production and sustain commercialization.

Winreal chairman Huang Jinping says funding cannot compress the years of development robotics companies still need.

Kimi K3 has pushed Moonshot AI closer to the frontier, but that advantage may prove fleeting as compute becomes the next constraint.