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China

Automotive

BYD Produces Its 7 Millionth New Energy Vehicle

A New Record In The Automotive Industry BYD, a global leader in new energy vehicles (NEVs) and power batteries, celebrated the production of its seven millionth NEV, the Denza N7, on March 25, 2024, at the company’s Jinan factory in China, setting a new record in the automotive industry. The journey to this milestone began […]
Space

China names its upcoming lunar exploration assets

Lunar lander is ‘Lanyue’ and crew spaceship is ‘Mengzhou’ China has officially disclosed the names of its forthcoming lunar exploration assets, marking a significant stride in the nation’s space endeavours. The lunar lander, set to transport Chinese astronauts (also known as taikonauts) to the moon’s surface, is named ‘Lanyue’ or ‘Embracing the Moon’, drawing
NEWS DESK

Deutsche Hospitality rebrands to H World International

Deutsche Hospitality, a well-known European hotel company with German roots, is rebranding to H World International to drive the expansion of its ownership group, H World, outside of China. All of H World International’s brands will be part of the H Rewards global loyalty program and online booking platform. The brand family includes Steigenberger Icons, […]
NEWS DESK GCC Saudi Arabia

China’s MSA Capital Signs Landmark MoU with Saudi Arabia’s Ministry of Investment

In a landmark development for Asia to Saudi Arabia cross border business and innovation, MSA Capital via its emerging markets investment arm MSA Novo and the Ministry of Investment of Saudi Arabia (MISA) signed a memorandum of understanding to bolster economic cooperation and foster innovation in key sectors in the Kingdom of Saudi Arabia. This […]
Banking Corporate

Saxo Bank concludes fintech JV sale to Geely Group

Danish bank will now focus on core markets and clients Copenhagen, Denmark-headquartered Saxo Bank has formalised the sale of Saxo Geely Tech Holding A/S (Saxo Fintech), a world-class fintech pioneer, to Geely Financials Denmark following the signing of relevant agreements. The divestment of Saxo Fintech shares marks the end of Saxo Bank’s ownership of the […]
Business

The 12th Lynk & Co Club Opens in Hangzhou

HANGZHOU, China — Strengthening its global presence, the innovative automotive brand Lynk & Co has inaugurated its 12th Lynk & Co Club in Hangzhou, the host city for the upcoming Asian Games. Nestled by the scenic West Lake, this club sets out to reimagine the automotive lifestyle experience for open urbanites worldwide. The Lynk & […]