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Chery Group has announced a 2026 sales target of 3.2 million vehicles, a 14.03% increase from 2025. Its listed subsidiary, Chery Automobile, along wit…

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<a href="/company/chery">Chery Group</a> has announced a 2026 sales target of 3.2 million vehicles, a 14.03% increase from 2025. Its listed subsidiary, Chery Automobile, along with five affiliated brands, aims to deliver 3 million units, up 14.01% YoY.

Anker Innovations has begun gauging investor interest for a Hong Kong IPO. The consumer electronics manufacturer plans to raise up to USD 700 million in the coming weeks, with CICC, Goldman Sachs, and JPMorgan serving as joint sponsors.

<a href="/company/ant-group">Ant Group</a> is reportedly testing an <a href="/industry/ai">AI</a> agent interface for Alipay. The update would let users complete tasks such as booking rides, ordering coffee, arranging takeout, and managing investments by typing or speaking requests, intensifying Alipay’s competition with WeChat.

<a href="/company/dji">DJI</a> and <a href="/company/insta360">Insta360</a> have overtaken GoPro in the global action camera market, with DJI capturing a 66% share as of Q3 2025. GoPro, which held 84% of the market in 2022, reported a USD 80.82 million net loss in Q1 2026 and warned of substantial doubt about its ability to continue as a going concern.

Moonshot AI has launched a desktop application that can coordinate up to 300 AI agents for complex workflows. The company also released the open-source Kimi-K2.7-Code model, which reduces reasoning token consumption by 30%.

WeRide, Uber, and Avomo plan to launch Spain’s first commercial robotaxi pilot in Madrid later this year. WeRide has also outlined plans to deploy its Level 4 autonomous vehicle portfolio in Slovakia, with selected models expected to enter commercial operations in 2026.

<a href="/company/huawei">Huawei</a> is evaluating whether to deploy its Ascend chips in cloud and <a href="/industry/ai">AI</a> services in Latin America. Mark Chen, LATAM president of Huawei Cloud, confirmed the study, which would expand the reach of Chinese-designed hardware in a market dominated by US suppliers.

Kweichow Moutai will scale back cross-industry retail collaborations to focus on its core liquor business, chairman Chen Hua said at the company’s annual shareholder meeting. The company plans to prioritize base liquor production and maintain a supply-demand-based pricing strategy. Moutai also said it has no current plans for a stock split.

<a href="/company/alibaba">Alibaba</a> is said to be bidding USD 1.5 billion to acquire Chinese fresh food delivery platform Pupu. The offer is reportedly more than double a previous valuation proposed by Sun Art Retail.

<a href="/company/xpeng">Xpeng</a> is developing a wagon model under its Mona series, according to leaked photos. The project has been confirmed internally, though the vehicle is not expected to launch this year.

Woodside Energy exercised its preemptive right to acquire PetroChina’s 10.67% stake in the Browse gas fields for USD 225 million, blocking a planned sale to Japan’s Inpex. The deal includes a USD 175 million contingent payment tied to a final investment decision by June 30, 2032. The acquisition would raise Woodside’s interest in the project to 41.27%.

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Deals in brief: Tin Men Capital backs Pints AI, Malaysia’s GreatAsic raises funding, latest China investments, and more

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Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

Sleepal pairs millimeter-wave radar with other sensors to monitor sleep without requiring users to wear a device.

Can a bedside lamp track sleep? A Xiaomi veteran thinks so

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The use of celebrities to promote vehicles in China forms part of a wider shift.

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Chery aims for 14% growth in 2026 sales

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Deals in brief: Tin Men Capital backs Pints AI, Malaysia’s GreatAsic raises funding, latest China investments, and more

Can a bedside lamp track sleep? A Xiaomi veteran thinks so

BYD brand ambassador Wang Leehom uses fee to buy shares