China Daily Reads

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Alibaba CEO doubles down on ‘unified global cloud network’ as Chinese firms expand abroad
Eddie Wu sees Alibaba Cloud providing the ‘best AI technical services’ to support Chinese enterprises’ global expansion
Japan’s Top Life Insurer Says Unrealized Bond Losses Tripled
Jiangsu Hengrui makes solid Hong Kong trading debut as shares jump 29%
Company raises HK$9.89 billion (US$1.29 billion), with the proceeds to be used to support clinical trials and expand production capacity
Xiaomi Billionaire Touts New Chinese Chip in Tech Showcase
Private Credit Funds Target Billions in Retail Demand From Asia
May 22, 2025 at 10:07 AM GMT+8
Baidu’s robotaxi service completes 11 million rides as company beats earnings expectations
The tech giant has been expanding its autonomous ride-hailing service, while AI growth helped it beat profit expectations in the first quarter
Alibaba’s entertainment group renamed after killer whale as it seeks to revive growth
Following its zoological naming scheme, Alibaba is rebranding the unit responsible for streaming and filmmaking as it looks for growth outside core…
Alibaba lands US$250 million convertible bonds deal, AI pact with selfie app giant Meitu
The strategic collaboration is expected to serve as ‘the foundation of a long-term partnership’ between Meitu and Alibaba
Baidu Reports Surprise Revenue Jump During China’s AI Battle
JPMorgan prefers Hong Kong stocks to A shares with 18% best-case upside prospects
Stocks in Hong Kong are cheaper and backed by stronger earnings performance, attracting mainland-based fund managers
Alibaba and DeepSeek’s home province launches AI spending spree to become innovation hub
A new plan from the Zhejiang government will see billions of yuan spent through 2027 to support AI companies and attract ‘top talent’
Taiwan’s William Lai enters second year in office with troubles mounting on all sides
No honeymoon for the leader called inflexible, ineffectual in relations with Washington, and still on a collision course with Beijing
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