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NetEase Cloud Music and Universal Music Group (UMG) have renewed a multi-year partnership to expand collaboration in music content, artist promotion, …

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<a href="/company/netease">NetEase</a> Cloud Music and Universal Music Group (UMG) have renewed a multi-year partnership to expand collaboration in music content, artist promotion, and digital innovation. The deal secures access to UMG’s extensive global and Chinese catalogs while fostering cooperation in <a href="/industry/ai">AI</a>, cultural exchange, and fan engagement across China’s music market.

China Telecom has developed mixture-of-experts AI models trained entirely on <a href="/company/huawei">Huawei’s</a> Ascend 910B chips, marking a milestone in China’s domestic large model development. The TeleChat3 models, which scale up to trillions of parameters, were built using Huawei’s MindSpore framework but still lag behind leading US models on key benchmarks.

Chinese smartphone makers are slashing 2026 shipment targets as a global memory shortage squeezes supply chains. <a href="/company/xiaomi">Xiaomi</a> reduced its forecast by up to 70 million units and Transsion by 30–45 million, sources said. The cutbacks follow rising chip prices as Samsung, SK Hynix, and Micron divert capacity to <a href="/industry/ai">AI</a> demand, weighing heavily on the handset sector.

<a href="/company/pop-mart">Pop Mart</a> has partnered with <a href="/company/honor">Honor</a> to launch a Molly-themed smartphone. The collaboration, part of Honor’s 500 series, marks Pop Mart’s move to expand into higher-end consumer electronics and deepen its IP licensing business.

<a href="/company/ant-group">Ant Group</a> has launched a HarmonyOS version of its LingGuang <a href="/industry/ai">AI</a> assistant on <a href="/company/huawei">Huawei’s</a> AppGallery, offering chat, AI-generated content, and other features to users. Available across 12 app stores, the platform emphasizes personalization and security, with upcoming tools including voice input and AI-driven discovery.

DingTalk’s latest update adds an <a href="/industry/ai">AI</a>-driven travel service built with Amap and Alipay, offering small businesses an all-in-one solution for booking and managing business trips. Users can book flights, hotels, trains, and cars within the app, with AI-powered price comparison, automatic expense linking, and corporate payment options that remove the need for employee reimbursement.

<a href="/company/temu">Temu</a>, owned by PDD Holdings, has matched Amazon’s 24% share of the global cross-border <a href="/industry/e-commerce">e-commerce</a> market, up from under 1% in 2022, according to the International Post Corporation. The platform’s meteoric rise comes amid a record Chinese trade surplus and evolving import rules. Rivals <a href="/company/shein">Shein</a> and AliExpress trailed with 9% and 8% shares, respectively.

<a href="/company/dji">DJI</a> has launched the Romo robot vacuum series in Korea, its first smart home cleaning product line. Built with LiDAR and vision sensors derived from its drones, Romo combines precise obstacle sensing, adaptive navigation, and strong suction power. The Romo P model adds transparent panels and a self-cleaning system designed for 200 days of maintenance-free use.

Elegoo will launch the Centauri Carbon 2 Combo, a multicolor 3D printer, on January 26. Built for home use, it integrates the Canvas system for automatic color switching and RFID filament detection, supporting effortless, quiet, and precise printing. The device aims to make professional-grade 3D printing accessible to everyday users.

<a href="/company/chery">Chery</a> spotlighted AiMOGA Robotics at a January 17 event as the centerpiece of its embodied intelligence strategy. Featuring police and medical service robots, the company said it aims to extend <a href="/industry/ai">AI</a> applications beyond automotives. AiMOGA has reportedly deployed more than 300 robots to date.

Cainiao’s global overseas warehouse orders grew 32% YoY in 2025, with France, the US, Spain, and Australia outperforming the average. The surge reflects the growing overseas presence of Chinese brands using local warehouses for faster delivery. Cainiao operates over 40 sites in 18 markets and plans further expansion and automation in 2026.

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Mainland issuers and policy tailwinds helped HKEX eclipse Nasdaq and NYSE for the first time in years.

Hong Kong’s IPO market roars back to life, leading the world in 2025 listings

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BYD, a Chinese EV maker, produces electric cars, buses, and batteries, accelerating adoption of sustainable transportation worldwide.

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

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Leapmotor and Xiaomi aim to close in on market leader BYD.

China new car sales shows competition stiffening at the top

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The Beijing-based startup is set for a valuation increase as investor interest in Chinese AI companies strengthens.

Moonshot AI lines up new funding at USD 4.8 billion valuation

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NetEase, UMG deepen music partnership

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Hong Kong’s IPO market roars back to life, leading the world in 2025 listings

China new car sales shows competition stiffening at the top

Moonshot AI lines up new funding at USD 4.8 billion valuation