Pandaily's Digest #20201111
Huawei to Launch First Harmony OS for Smartphones, Alibaba's Xunxi Digital Factory Participates in Double 11 and New Oriental Education Debuts in Hong Kong.
Huawei to Launch First Harmony OS for Smartphones
Huawei is showcasing to the world its resilience and research capacity with its Harmony OS for smartphones, amid the buffeting of US sanctions and the Google ban.
TikTok to Add More Jobs Across Europe
US buffeting hasn’t stopped TikTok from flourishing in Europe, especially when the second wave of coronavirus has sent a large part of Europe back into lockdown.
Tencent Music Entertainment Group Releases Financial Results for 2020 Q3, Reflecting Dynamic Growth
Tencent Music Entertainment Group (TME) on Nov. 10 released its unaudited financial results for the third quarter ended Sep. 30, 2020.
For First Time, Alibaba’s Xunxi Digital Factory Participates in Annual Shopping Festival
Chinese e-commerce giant Alibaba’s Xunxi digital factory has participated in the annual Double 11 shopping festival for the first time.
Huawei to Sell Its Budget Honor Brand for $15B to Digital China and Others
Huawei is selling its low-budget smartphone line Honor brand to a consortium including Chinese IT provider Digital China, three state-owned companies and electronics company TCL in a 100 billion yuan ($15.2 billion) deal, according to a Reuters report.
New Oriental Education Debuts on Hong Kong Markets, Shares Surge on First Day
Chinese private education giant New Oriental Education & Technology Group (NYSE: EDU) officially started trading on the Hong Kong Stock Exchange on Nov. 10 and became the first stock to exceed HK$1,000 on the market. Credit Suisse, BofA Securities and UBS are the joint sponsors and global coordinators of the offering.
China Introduces New Disinfection Rules for Cold Chain Food Imports
China’s top health authority issued new guidelines about general disinfection for imported cold chain food.