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BYD has unveiled the Song Ultra EV, marking the Dynasty lineup’s first B-segment pure electric SUV. Previously disclosed in a January regulatory filin…

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<a href="/company/byd">BYD</a> has unveiled the Song Ultra <a href="/industry/ev">EV</a>, marking the Dynasty lineup’s first B-segment pure electric SUV. Previously disclosed in a January regulatory filing, the vehicle measures 4,850 millimeters in length and is powered by a 270-kilowatt single motor paired with a lithium iron phosphate battery.

Chinese outbound investment rose 18% in 2025 to USD 124 billion, the highest level since 2018, driven mainly by energy and basic materials, according to Rhodium Group. Investment increasingly shifted toward Asia, Africa, and the Middle East, while North America and Europe accounted for less than 20% of announced deals.

<a href="/company/baidu">Baidu</a> has approved a multi-year share buyback program of up to USD 5 billion running through December 31, 2028, and said it plans to pay its first dividend in 2026.

Shares of Chinese solar companies climbed on February 4 after reports that teams linked to Elon Musk had visited firms across the sector, days after he outlined plans to build large-scale solar cell capacity in the US. Several companies later said the discussions did not result in any agreements.

Moore Threads has introduced "AI Coding Plan," an <a href="/industry/ai">AI</a>-driven programming service built on its domestic GPU computing platform and offered with a 30-day free trial. Powered by the MTT S5000 GPU and a domestic code model, the service aims to support high-complexity development while reducing inference latency and computing costs.

Montage Technology is planning to price its Hong Kong listing at the top of the range, raising about HKD 7 billion, according to people familiar with the matter. The chip designer has seen strong demand from sovereign wealth funds and long-only investors, with orders exceeding the shares on offer.

<a href="/company/tencent">Tencent</a> ranked as the world’s top mobile game publisher by revenue in January, posting a 43% month-on-month increase. The surge was driven by strong performances from flagship titles including <em>Honor of Kings</em> and <em>Game for Peace</em>, bolstered by major content updates and seasonal events.

Ford and China’s <a href="/company/geely">Geely</a> are in discussions about a potential partnership that could see Geely use Ford’s factory space in Europe to build vehicles, people familiar with the matter said. The companies have also explored cooperation on vehicle technologies, though it remains unclear whether the talks will result in a deal.

<a href="/company/honor">Honor</a> has launched the Power 2 smartphone with a 10,080 mAh battery, which it says is about twice the capacity of Apple’s top iPhone. The device underscores Honor’s focus on ultra large batteries, enabled by advances in silicon-carbon anode technology, to address rising power demands.

Z.ai has released and open-sourced GLM-OCR, a lightweight OCR model with 900 million parameters built for complex document parsing. The model topped OmniDocBench V1.5 with a score of 94.6 and supports efficient deployment in high-concurrency and edge environments.

<a href="/company/ant-group">Ant Group</a> has unveiled a new incentive program to reward pioneering <a href="/industry/ai">AI</a> work, offering additional compensation on top of existing performance incentives. The rewards can be converted into economic benefit rights over the next two years if the related AI businesses deliver measurable value growth.

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Smart RVs are having a moment, and Squirrel Power wants to set the rules

Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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The USD 4 billion deal for Allied Gold follows a recent meeting between Carney and Xi.

China's Zijin to buy Canadian owner of gold mines in three African countries

China&#8217;s Zijin to buy Canadian owner of gold mines in three African countries

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