Pandaily's Digest #20210906
Xiaomi's car-making plan, Beijing Stock Exchange announces new rules, OnePlus 10 series unveiled, WeChat to provide paid cloud storage service, JD.com's new president, Honor of Kings' crash, and more.
Xiaomi Builds Cars Now – How Does the Plan Work?
Lei Jun, Co-Founder and CEO of Xiaomi, on Wednesday announced via his Weibo account that Xiaomi Auto Co. Ltd has been officially established, with registered capital of 10 billion yuan ($1.5 billion). Lei Jun himself serves as the legal representative of the company.
Beijing Stock Exchange Announces Rules, Clarifying the Listing, Trading and Delisting Procedures
The first batch of rules for the Beijing Stock Exchange was announced Sunday, as well as a request for public comments.
OnePlus 10 Series Unveiled, Featuring Snapdragon 898
Smartphone R&D and design company OnePlus normally launches an upgraded T-series model sometime in the second half of each year. With these announcements, the firm improves upon its flagship released in the first half of the year and makes up for any shortcomings in its configurations. But in 2021, perhaps because the OnePlus Nine series is well-balanced in all aspects, reports have surfaced that OnePlus has no plans to release any 9T or 9T Pro models.
WeChat to Provide Paid Cloud Storage Service for Chat Messages
China Daily has reported that WeChat, a pervasive instant messaging platform operated by Tencent, plans to provide a paid cloud storage service for its chat messages, implying that WeChat conversation records can be backed up and restored in the cloud.
CEO of JD Retail Xu Lei Promoted to President of JD.com
Major Chinese e-commerce company JD.com announced on September 6 the appointment of Xu Lei, the former CEO of JD Retail, as the new president of the company. Xu will be responsible for day-to-day operations and the collaborative development of various business units within JD.com, and will continue to report to Chairman and CEO Richard Qiangdong Liu.
Xiaomi Overtakes Apple to Become Top Supplier of Wearable Bands in Q2
According to a report released by Canalys on September 2, Xiaomi surpassed Apple to become the largest wearable band supplier during the second quarter of 2021, with Huawei, Fitbit and Samsung following close behind.
Following Limits to Minors’ Playing Time, MOBA Game Honor of Kings Experiences Crash
A topic entitled “Honor of Kings has collapsed” topped the hot search list on Weibo, the Chinese equivalent of Twitter, on Saturday. Some players and netizens reported that the game had been unable to match, there were persistent loading signs appearing in the middle of the game, and that the game could not be continued.
As Xiaomi Auto Completes Registration and Is Officially Established, CEO Lei Jun Posts a Group Photo – Who Are With Him?
Five months after its official announcement, Chinese electronics firm Xiaomi declared via its official WeChat account that it had on September 1 completed the industrial and commercial registration of Xiaomi Auto Co. Ltd. Meanwhile, Lei posted a group photo with 17 people, including himself and some important members of the car-manufacturing team, when he announced the establishment of the company’s new automotive arm.
Alibaba to Launch a Team to Promote China’s ‘Common Prosperity’
Alibaba Group recently announced the official launch of its “Ten Actions to Help Common Prosperity”, in which the company will invest a total of 100 billion yuan ($15.49 billion) before 2025 to help China reach Common Prosperity. In order to promote the implementation of the actions, Alibaba will also set up a team with Zhang Yong, CEO of Alibaba Group, as the team leader.
Meituan-Affiliated Company Invests in Rong Semiconductor, Sending Registered Capital Soaring to 380 Million Yuan
Rong Semiconductor (Ningbo) Co., Ltd. has had many changes on its industrial and commercial registration page as of late, showing that its registered capital increased from 232 million yuan ($35.937 million) to 380 million yuan, according to commercial inquiry platform Tianyancha.