The Belt 
Anthropic filed its IPO registration on 26 October, planning a Nasdaq listing under the ticker ANT. One of the fastest-rising names in AI is now walking towards public capital markets. The filing is not a listing. The final offer price, the size of the raise and the trading date all remain undetermined. What has changed … Read more
This year’s Singles Day shopping carts in China may include a new category: tokens. Alibaba Cloud, DeepSeek, Zhipu, MiniMax and Kimi have all moved onto e-commerce platforms in recent weeks, and AI subscriptions and token top-ups have become a promotional genre of their own. Tmall is reported to be designing bundles aimed at students, families … Read more
Three stories ran through the Chinese AI press in the same week, each one circulating on its own channel. The first was a coordinated price cut by the three American frontier labs. Within nine days, OpenAI, Google and Anthropic each slashed headline pricing on their main models and arrived at the same pair of numbers: … Read more
Nvidia is testing a licence fee for the software its chips use to run AI agents, and the reference price it gave at GTC Berlin is about USD 2,000 per GPU per year, roughly RMB 13,500. The figure came from chief executive Jensen Huang. It is not a published product yet, and Nvidia has signalled … Read more
Five executives from Renault, Mann+Hummel, FORVIA Hella, Gentherm and Haiwei were asked the same question at a forum in Shanghai on 23 October: how does a car technology still earn a return when the advantage it creates lasts less than a model cycle? Suppliers and carmakers met at the fourteenth Automotive and Environment Innovation Forum … Read more
China’s automotive industry sold more vehicles than ever and kept less of the money. Data published by Cui Dongshu of the China Passenger Car Association shows industry profit of RMB 267.5 billion in the first nine months of 2026, down 23 per cent year on year, on revenue of RMB 8.0435 trillion, which rose 2.6 … Read more
At the 2026 World Intelligent Connected Vehicle Conference, the most consequential announcements were not about cars. A new edition of the national framework for vehicle networking standards opened for public consultation, and seven national standardisation technical committees signed a cooperation framework covering automotive, intelligent transport, communications, traffic management, geographic information, smart cities and road transport. … Read more
Automotive software developers spend an average of 35 per cent of their time on base software integration: connecting operating systems to middleware, adapting systems and handling configuration. That is the central finding of the 2026 Driving the Future SDV developer report published by QNX, the BlackBerry-owned real-time operating system supplier, on 22 October. The QNX … Read more
Axera Semiconductor used an industry forum in Shanghai to lay out a strategy that runs in the opposite direction to most Chinese semiconductor narratives. It is not chasing the most powerful chip. It is chasing the chip that European law requires every new car to carry. Axera’s automotive chip shipments passed 1.6 million units by … Read more
Topstar reported its third-quarter results on 26 October with revenue and profit both up and cash flow improving sharply. For the nine months to September the Shenzhen-listed company posted revenue of RMB 1.969 billion, up 16.68 per cent, net profit attributable to shareholders of RMB 146 million, up 196.38 per cent, and operating cash flow … Read more