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Entrepreneur and investor Duan Yongping said he sold his shares in China Shenhua Energy to increase his stake in Pop Mart.…

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Anta, a Chinese sportswear brand, specializes in performance-driven design, equipping athletes and consumers with innovative sports apparel and footwear.

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Entrepreneur and investor Duan Yongping said he sold his shares in China Shenhua Energy to increase his stake in <a href="/company/pop-mart">Pop Mart</a>.

<a href="/company/pop-mart">Pop Mart</a> will cease operations of its mobile game <em>Dream Home</em> on August 12. The company stopped new user registrations and in-game purchases on June 12. The game, launched in June 2024, reported a net loss of RMB 70.5 million in 2025.

HKEX's Tech 100 index added ten companies during its semiannual adjustment. AI firms Zhipu AI, Biren Technology, and Iluvatar CoreX joined through a fast-track mechanism alongside seven other companies, strengthening the index’s representation of AI, autonomous driving, and robotics.

<a href="/company/bytedance">ByteDance</a> is in talks to buy <a href="/industry/ai">AI</a> chips from Iluvatar CoreX and <a href="/company/baidu">Baidu</a> as it seeks alternatives to Nvidia hardware. Iluvatar CoreX is expected to deliver at least 50,000 chips to the TikTok parent this year for AI inference tasks.

<a href="/company/tencent">Tencent</a>-backed chipmaker Enflame Technology has cleared a Shanghai Star Market IPO review. The company plans to raise RMB 6 billion by issuing 10–15% of its shares, with proceeds earmarked for chips, software, and production capacity.

Guangzhou companies signed six cooperation agreements with partners in Singapore and Hong Kong on June 16 to expand into ASEAN markets. The deals span automotive, biotechnology, and consumer goods. GAC plans to use Singapore as a hub for Southeast Asia, targeting more than 20,000 annual vehicle sales in the region within two years.

<a href="/company/bytedance">ByteDance</a> launched its Seedance 2.0 Mini video generation model on June 15 through its Volcano Engine platform. The model reportedly cuts generation costs by about half compared with the standard version. The company plans to open API access soon for commercial video creation.

<a href="/company/huawei">Huawei</a> has filed a patent for a trifold smartphone with a compact vertical design. The patent describes an optimized structural layer intended to reduce signal loss within the narrow frame. Huawei has not confirmed whether it plans to put the design into production.

<a href="/company/dji">DJI</a> filed a patent infringement lawsuit against Insta360 in the US on June 10, alleging that <a href="/company/insta360">Insta360’s</a> Luna Ultra camera infringes on its design and invention patents. Insta360 responded with a countersuit two days later.

<a href="/company/dji">DJI</a> launched the Osmo Pocket 4P, a portable camera with a dual-lens system, on June 15. The device features a one-inch wide-angle sensor and a 60-millimeter telephoto lens, with prices starting at RMB 3,799.

Visual China Group has filed for a Hong Kong IPO, aiming to establish a dual-listed share structure. The content licensing provider reported 2025 revenue of RMB 778 million and net profit of RMB 92.67 million, down 29%.

With adoption of AI likely to increase, regulators are growing increasingly wary.

How AI is changing stock trades for retail investors

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The company expects conversations to become the starting point for AI workflows.

Plaud reaches USD 100 million ARR in two years as AI hardware gains traction

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Duan Yongping doubles down on Pop Mart

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