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Anker Innovations has filed for an IPO on the Hong Kong Stock Exchange, appointing CICC, Goldman Sachs, and JPMorgan as joint sponsors. In Q1 2026, th…

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How do goods cross borders seamlessly? Examine warehousing tech, route optimization, and data analytics building efficient supply chains.

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As production capacity shifts into the region, fragmented suppliers and uneven material standards create new challenges for factory operators.

ZKH Industrial Supply targets MRO bottlenecks facing Chinese manufacturers in Southeast Asia

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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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Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

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

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

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

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

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Deals in brief: Ant International raises Series A funding, Granite-Integral backs Berlin-based Omio, 13 China investments, 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.

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

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Anker Innovations has filed for an IPO on the Hong Kong Stock Exchange, appointing CICC, Goldman Sachs, and JPMorgan as joint sponsors. In Q1 2026, the company reported RMB 7.61 billion in revenue, up 26.93% YoY.

Cathay Pacific will increase passenger and cargo fuel surcharges starting August 1, citing a surge in jet fuel prices amid rising Middle East tensions. The airline will raise long-haul passenger surcharges by 41% to HKD 1,362 per sector and plans to review rates every two weeks.

<a href="/company/xpeng">Xpeng</a> has confirmed it will introduce its flagship GX SUV to the Australian market, with pricing expected to exceed AUD 100,000. The six-seat vehicle is available in pure electric and extended-range versions in China and may require a name change in Australia because of trademark conflicts with Lexus.

Visa and Lianlian DigiTech completed the first live B2B transaction in Greater China using an AI agent, LoopXPay. The transaction allowed the AI agent to source products and process payments within predefined controls.

TikTok Shop US reported a near twofold YoY increase in midyear sales, driven by the growth of interest-based e-commerce. Cross-border merchant sales nearly doubled, while its fully managed US business grew by about 50%. The platform is increasingly used by Chinese brands to reach US consumers through short video and live stream shopping.

<a href="/company/tiktok">TikTok</a> is testing a paid short drama app called LimeShorts in the US. The app offers subscriptions for USD 20 per week or USD 200 per year. Users can also unlock episodes with virtual coins. LimeShorts features one- to five-minute vertical dramas sourced from third-party partners.

<a href="/company/insta360">Insta360</a> founder and CEO Liu Jingkang said the company plans to redefine its action and panoramic camera categories. Liu said the company will focus on R&amp;D and customer insight to build market barriers rather than compete on price, which he called unsustainable for consumer electronics.

Stellantis appointed Xin Tianshu as head of China and Asia Pacific, effective August 3. Xin, currently CEO of the Leapmotor international joint venture, will join the Stellantis leadership team and report to CEO Antonio Filosa. The company also named Gregoire Olivier as a strategic adviser reporting to Xin.

Hugging Face used Z.ai’s open-source GLM 5.2 model to respond to an autonomous cyberattack after US-based commercial models refused to process malicious code because of safety guardrails. By hosting the model locally, engineers traced the breach, patched a zero-day vulnerability, and restored internal operations.

<em>Love and Deepspace</em> has halted plans to add new male leads after player backlash over character introductions and content concerns. The controversy highlights broader industry challenges, as developers try to balance monetization models with player expectations for narrative depth and safety.

<a href="/company/tencent">Tencent's</a> system-level <a href="/industry/ai">AI</a> agent Marvis reached more than 300,000 daily active users (DAUs) within two days of its May 20 launch. The product focuses on local device management and task execution rather than general-purpose search, with a reported seven-day retention rate of about 54%.

Photo of a China Southern Airlines plane in flight.

China Southern, Air China, and China Eastern all point to fuel costs as a drag on earnings.

China's big three airlines lose up to USD 1.3 billion amid Middle East war

China&#8217;s big three airlines lose up to USD 1.3 billion amid Middle East war

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ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

How do virtual worlds expand reality? Discover AR/VR tools, content creation, and platforms layering digital information onto everyday life.

Augmented and Virtual Reality

The hardware executive succeeds founder Henry Zhou as Pico shifts focus toward mixed reality and spatial computing.

ByteDance names Li Xiaokai to lead Pico’s next phase

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Xiaohongshu, also known as RedNote, is a platform that connects users to curated content for fashion, beauty, travel, and more.

Xiaohongshu

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How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

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It may lack the gaming roots of Bilibili and HeyBox, but Xiaohongshu’s community dynamics can help smaller titles turn authenticity into attention.

Anker files for Hong Kong IPO

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