Alibaba

Baidu

ByteDance

Meituan

Pinduoduo

Xiaomi

Most Followed

KrASIA Connection

China's Auto Sector

Earnings Reports

Inside China's Startups

Venture Roundup

Our Events

View All

Collections

News

Features

Insights

Ecosystem

DeepSeek

Kuaishou

Li Auto

Luckin Coffee

Xiaohongshu

Xpeng

On the Radar

A new joint lab by Geely and DP Technology will use AI molecular simulation to develop EV batteries with greater stability and safety. Geely also beca…

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Indonesia

Malaysia

Singapore

Southeast Asia

Thailand

Vietnam

The guidelines aim to reduce the likelihood of scandals and help firms prepare for exits.

Southeast Asian VCs move to set startup governance standards

Decoding China&#039;s tech and business pulse

KrASIA

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

Nikkei Asia

Photo of Venetia Lee, CEO of AlipayHK and general manager of Ant International for the Greater China region.

Alipay, a fintech platform by Ant Group, offers mobile payments, financial services, and e-commerce integrations, supporting transactions globally.

Alipay

Ant Group, a fintech powerhouse, offers digital payments, wealth management tools, and micro loans, enabling borderless, mobile-first financial services.

Ant Group

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

China

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

What sets the bar for convenience? Examine on-demand platforms, subscription models, and personalization transforming consumer expectations.

Consumer Economy

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

How do policies adjust to a data-rich world? Explore usage-based coverage, automated claims, and analytics guiding risk assessment.

Insurance

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

What drives global exploration? Discover evolving tourism trends, hospitality services, and the shift toward personalized travel experiences.

Travel

Hong Kong

Q&amp;A

Focusing on transport, dining, payments, and cross-border travel, AlipayHK wants to evolve into a platform that quietly handles the rhythms of daily life.

“We aspire to become Hong Kong’s superapp,” says AlipayHK CEO Venetia Lee

T. K. Lin

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Wavemaker Impact leads Arysun’s pre-seed round, Nuevocor raises USD 45 million, latest funding deals in China, and more

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

Sudo Lim

KrASIA tracks China’s tech and business stories—alongside key developments across the broader Asia Pacific region.

Header Section | KrASIA

Home

Sections

Header Section

A new joint lab by <a href="/company/geely">Geely</a> and DP Technology will use AI molecular simulation to develop EV batteries with greater stability and safety. Geely also became one of the first firms to pass China’s new national battery safety standard, completing 36 tests, including 12 beyond the mandate.

US President Donald Trump said he may cut tariffs on Chinese goods from 145% to 80% ahead of weekend talks in Geneva with top Chinese officials. The shift comes amid growing market concerns over inflation and supply disruptions. Treasury chief Scott Bessent and trade representative Jamieson Greer will lead the US delegation.

The US may cut tariffs on Chinese goods during weekend talks in Geneva, as both sides aim to ease economic strain from a trade war that pushed duties as high as 145%. Sources said China could reciprocate if Washington moves first. The US is also seeking concessions on rare earths and fentanyl, though analysts warn any deal would mark only the start of a long process.

Hong Kong has updated a pilot licence to expand autonomous vehicle testing in North Lantau, increasing the fleet to ten and extending approved routes. The operator is likely <a href="/company/baidu">Baidu’s</a> Apollo Go, which has reportedly logged over 14,000 kilometers locally and is also deploying driverless vehicles in Dubai and Abu Dhabi as part of a broader rollout.

<a href="/company/tsmc">TSMC</a> reported TWD 349.6 billion in April 2025 revenue, a 48% YoY surge driven by a rush to secure chips ahead of global tariffs. Demand from clients like <a href="/company/apple">Apple</a> and <a href="/company/nvidia">Nvidia</a> remained strong, particularly for AI chips. Analysts now expect Q2 revenue to exceed forecasts, though TSMC warned that currency strength could weigh on margins.

As its first RMB fund nears expiration, Borchid Capital sold its remaining 0.89% stake in <a href="/company/pop-mart">Pop Mart</a> for HKD 2.27 billion across three block trades. The firm had backed the company since 2010 and joined multiple funding rounds ahead of its 2020 IPO.

<p data-start="1245" data-end="1558">China's civil aviation authority has accepted <a href="/company/xpeng">Xpeng</a> AeroHT’s application for a production certificate for its X3-F flying car. This follows earlier type certification progress and puts the firm on track for 2026 delivery, with a factory 70% complete.</p>

<a href="/company/alibaba">Alibaba's</a> Cainiao has rolled out a one-stop logistics solution for exporting automotive parts, covering domestic pickup, trunk transport, overseas warehousing, and last-mile delivery. With dedicated warehouses in Madrid and Rotterdam, the network supports over 5,000 SKUs and serves both e-commerce buyers and 4S dealerships across more than 20 European countries.

<a href="/company/nvidia">Nvidia</a> plans to launch a downgraded version of its H20 AI chip in China by July, sources said, after US officials required export licences for the original model. The revision, which includes reduced memory capacity, is aimed at preserving access to a key market that had seen strong demand from firms like <a href="/company/alibaba">Alibaba</a>, <a href="/company/tencent">Tencent</a>, and <a href="/company/bytedance">ByteDance</a>.

<a href="/company/tencent">Tencent</a> has launched and open-sourced Hunyuan Custom, a multimodal video generation model that supports text, image, audio, and video prompts. Built on Hunyuan Video, the model is said to outperform tools like Pika and VACE in human- and object-centric video generation across multiple benchmarks.

China’s total trade reached RMB 14.1 trillion in the first four months of 2025, up 2.4% YoY. Exports rose 7.5% while imports fell 4.2%. April alone saw a 5.6% increase, led by export growth of 9.3%.

A new model of state capital is taking root in China—one that’s redefining how venture capital works, from funding mechanics to policy alignment.

Beneath the bureaucracy: How state capital made (and remade) China’s venture ecosystem

36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

https://secure.gravatar.com/avatar/a6b9ace74da9df391d5f7ba1892f4393?s=96&d=blank&r=g

36Kr English

https://secure.gravatar.com/avatar/6ff53490f679f358bf543998d228fb32?s=96&d=blank&r=g

https://secure.gravatar.com/avatar/aec5e55596415464d13490d0e0caa9a2?s=96&d=blank&r=g

Geely, DP Technology target safer EV cells

Latest Pulses

Most Recent

Beneath the bureaucracy: How state capital made (and remade) China’s venture ecosystem

Deals in brief: Wavemaker Impact leads Arysun’s pre-seed round, Nuevocor raises USD 45 million, latest funding deals in China, and more

Southeast Asian VCs move to set startup governance standards