TechWire

CATL says Xiaomi SU7 involved in fatal crash did not carry its battery

Unitree founder denies reports of Ant Group, China Mobile planning capital injection

Fatal Xiaomi SU7 fire on highway confirmed by local authorities

2025.04.02

18:54

                            Tencent Conference "crashed", the company apologized: the service is gradually recovering
                        
                            On the afternoon of April 2, some netizens reported that Tencent Meeting "crashed". In response, Tencent Meeting issued a statement to apologize, "Currently, users are affected in joining meetings. Engineers are working to repair the problem as soon as possible. We are very sorry for the inconvenience caused to you." Tencent Meeting then issued a statement saying, "The problem has been located and we are urgently repairing it. Please wait a moment. Sorry again!" It then said, "Currently, Tencent Meeting services are gradually recovering, and joining meetings and booking meetings have basically resumed."
                        
18:43

                            Goertek: has made some progress in the fields of microphones, sensors, optical components and other fields related to automotive electronics
                        
                            Goertek said at its 2024 annual performance briefing that the company is optimistic about the future market development of AI smart glasses and will continue to follow up on the design, development and manufacturing of complete machines and precision components related to AI smart glasses. At present, the company has made some progress in the fields of microphones, sensors, optical components and other fields related to automotive electronics, but the scale of revenue related to automotive electronics still accounts for a relatively low proportion of the company's overall revenue. The company will continue to actively expand its automotive electronics-related business in the future.
                        
18:42

                            Tesla (TSLA.O) shares fell 2.2% in pre-market trading as data showed Tesla's sales in China fell 11.5% year-on-year in March.
                        
18:32

                            Alibaba (BABA.N): On April 1, it spent approximately US$9.991 million to repurchase 602,400 shares.
                        
18:19

                            Lei Jun published a letter to all users and the public concerned about the Xiaomi SU7 accident? Xiaomi: Fake
                        
                            The Xiaomi SU7 high-speed collision and explosion incident continues to ferment. On April 2, a letter in the name of Lei Jun, "A letter to all users and the public who care about the Xiaomi SU7 accident", was circulated online. The letter mentioned the aftermath of the accident, including commitments to find the truth, reflection and action, transparent communication, and ten years of adherence to the safety commitment. It mentioned that if there are problems with the vehicle, the sales of the relevant vehicles will be stopped immediately and the vehicles that have been sold will be recalled unconditionally; Lei Jun will personally donate 100 million yuan to establish the "New Energy Vehicle Life Guardian Fund" and jointly launch the "Extreme Collision Power-off Technology" with CATL. But soon, someone in the industry called the screenshot fake. The publisher was a senior car reviewer, who deleted the picture and said "That picture is fake, sorry." The reporter contacted Xiaomi, and Xiaomi responded that this was fake news. At present, Xiaomi's official Weibo and Lei Jun's personal Weibo have not released the above information. On the evening of April 1, Lei Jun said that he "will stand up" to solve the problem.
                        
17:46

                            OECD: AI is critical to the continued success of Israel's tech industry.
                        
17:41

                            Luxshare Precision is reportedly considering listing in Hong Kong? Officials refuse to comment
                        
                            Recently, according to Reuters, an insider said Luxshare Precision is considering listing in Hong Kong this year and is currently discussing listing in Hong Kong with investment banks. The initial financing scale is expected to be US$2 billion to US$3 billion. However, the insider also reminded that the scale of Luxshare Precision's listing in Hong Kong has not yet been finalized and will depend on market conditions. On April 2, the reporter asked Luxshare Precision to confirm this matter, and it declined to comment on the listing in Hong Kong.
                        
17:36

                            Tencent Holdings (00700.HK) repurchased 996,000 shares for HK$500.9 million on April 2.
                        
17:35

                            Tencent Holdings repurchased 996,000 shares for HK$500.9 million on April 2
                        
                            Hong Kong Stock Exchange documents show that Tencent Holdings repurchased 996,000 shares for HK$500.9 million on April 2.
                        
17:32

                            Southbound funds made a large net purchase of 11.717 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Tencent Holdings and Alibaba-W received net purchases of HK$935 million and HK$828 million respectively; RoboSense ranked first in net sales, with an amount of HK$4 million; in terms of Hong Kong Stock Connect (Shenzhen), Xiaomi Group-W and Alibaba-W received net purchases of HK$1.255 billion and HK$691 million respectively; WuXi Biologics ranked first in net sales, with an amount of HK$150 million.
                        
17:15

                            BYD enters Czech market
                        
                            BYD recently announced its official entry into the Czech market. The first two SUV models will be launched - the pure electric model Sealion 7 and the plug-in hybrid model Seal U DM-i, as well as a pure electric sedan Seal. Martin Heřmanský, the regional manager for the Czech Republic and Slovakia, revealed at a press conference in Prague: "Our product line will continue to expand."
                        
17:09

                            Bitcoin breaks through $85,000 again
                        
                            Bitcoin has re-crossed above $85,000, up 0.8% over the past 24 hours.
                        
16:50

                            Luxshare Precision: Controlling shareholder Luxshare Limited releases pledge of 68 million shares
                        
                            Luxshare Precision announced that the 68 million shares of the company pledged by the controlling shareholder Luxshare Limited at the Shenzhen Branch of Shanghai Pudong Development Bank Co., Ltd. have been released from pledge, accounting for 2.49% of its shares and 0.94% of the company's total share capital. As of April 2, 2025, the relevant shares have completed the registration procedures for the release of pledge at the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.
                        
16:50

                            WuXi AppTec: Sold 50.8 million shares of WuXi Helian, accounting for approximately 4.23% of the total share capital, with a transaction amount of approximately HK$2.178 billion
                        
                            WuXi AppTec announced that on April 1, 2025, the company continued to sell 50.8 million shares of WuXi Helian through block trading, accounting for approximately 4.23% of WuXi Helian's current total share capital, with a transaction amount of approximately HK$2.178 billion (excluding transaction fees such as handling fees), accounting for 3.43% of the company's latest audited net assets attributable to the parent company's shareholders (2024). According to preliminary calculations by the company's financial department in accordance with Chinese Accounting Standards, the investment income from the sale of WuXi Helian shares was approximately RMB 1.847 billion, accounting for more than 10% of the company's latest audited net profit attributable to the parent company's shareholders (2024), affecting the company's net profit in the first half of 2025 by approximately RMB 1.847 billion.
                        
16:20

                            Kingsoft Cloud's US stocks rose more than 3% before the market opened
                        
                            Kingsoft Cloud's U.S. stocks rose more than 3% in pre-market trading, with institutions pointing out that it directly benefited from Xiaomi and Kingsoft Software Group's increased investment in AI.
                        
1743591262
112430
0

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Trends

AI AI Tesla bitcoin Xiaomi Tencent Huawei Alibaba Nvidia Apple

Weekly Highlights

                                    A man suspected of burning multiple Tesla cars was arrested in the United States and faces multiple felony charges
                            2025-03-28

                                    Personal wealth shrunk by $100 billion, Musk admitted that leading DOGE cost him a heavy price
                            2025-03-31

                                    Source: SpaceX plans to build multiple Starlink ground stations in Vietnam.
                            2025-04-01

                                    Zhipu CEO: The company will assist other countries in creating artificial intelligence models.
                            2025-03-31

                                    Hong Kong stocks opened, the Hang Seng Index opened up 0.42%, and the Tech Index opened up 0.88%. Xpeng Motors (09868.HK) rose about 4%, with 33,205 vehicles delivered in March, a year-on-year increase of 268%.
                            2025-04-01