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  • Alibaba doubles down on LLM race

    Alibaba doubles down on LLM race

    Alibaba Cloud, the cloud computing unit of Chinese tech heavyweight Alibaba Group Holding Ltd, unveiled on Thursday two open-source artificial intelligence-powered large language models, a move industry experts said will bolster the technological advancement and industrial application of LLMs.

    August 4, 2023

  • 4 Jiaxing companies included on Fortune China 500 list

    4 Jiaxing companies included on Fortune China 500 list

    ​Fortune magazine released the 2023 Fortune China 500 list on July 11.

    July 13, 2023

  • Chinese EV maker Zeekr to enter Israeli market

    Chinese EV maker Zeekr to enter Israeli market

    Zeekr, a premium electric brand under Geely Holding Group, said on Monday that it will start pre-sales of two of its models in Israel later this year.

    July 12, 2023

  • Huarong: Crucial tooling supplier of C919

    Huarong: Crucial tooling supplier of C919

    China recently celebrated the successful maiden commercial flight of the nation's first domestically-developed narrow-body jet, the C919.

    May 30, 2023

  • Geely raises stake in Aston Martin to 17%

    Geely raises stake in Aston Martin to 17%

    Zhejiang Geely Holding Group on Thursday announced that it has increased its stake in British sports car maker Aston Martin to about 17 percent.

    May 19, 2023

  • Alibaba Cloud plans big price cuts in core products

    Alibaba Cloud plans big price cuts in core products

    Alibaba Cloud, the cloud computing unit of Chinese heavyweight Alibaba Group Holding Ltd, announced on Wednesday that it was cutting the price of its core products by 15 to 50 percent, marking the biggest price cut in the company's history.

    April 26, 2023

  • Geely sees record revenue, cash flow in 2022

    Geely sees record revenue, cash flow in 2022

    Chinese carmaker Geely Auto Group saw its revenue and free cash flow hit new highs in 2022 despite lingering chip shortages and the COVID-19 pandemic, said the Hong Kong-listed company on Tuesday.

    March 21, 2023

  • The Lego Group building China presence block by block

    The Lego Group building China presence block by block

    The Lego Group is accelerating its expansion in China, with plans to open more than 80 new branded stores this year and penetrate lower-tier cities to reach more consumers after posting double-digit growth in revenue for 2022.

    March 9, 2023

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