Chinese automotive giants BYD and Chery are experiencing explosive growth in overseas markets, driven by soaring global demand for electric vehicles. Chery, China's largest car exporter, delivered three times as many vehicles abroad as domestically last month, signaling a strategic shift toward international expansion.
Chinese AI firms are flipping the traditional dual-listing script, choosing Hong Kong as their first stop to secure global investor confidence and sophisticated capital before turning to mainland markets. This strategic shift, led by companies like MiniMax Group and Zhipu, reflects the growing importance of international validation for China's tech champions.
Chinese automotive giants BYD and Chery are experiencing explosive growth in overseas markets, driven by soaring global demand for electric vehicles. Chery, China's largest car exporter, delivered three times as many vehicles abroad as domestically last month, signaling a strategic shift toward international expansion.
Chinese AI startup DeepSeek is closing its first external funding round with over $7.4 billion raised, catapulting its valuation to nearly $60 billion. The round, backed by tech giant Tencent and battery leader CATL, signals a strategic shift for the previously capital-resistant firm amid fierce global AI competition.