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Close-up of hands during an acupuncture therapy session for holistic health and wellness.
Business1/27/2026, 6:20:25 PM

After a 67% Crash, China’s ‘Medicine Maotai’ Gets a Vote of Confidence — But Is It Enough?

Pianzaihuang’s controlling shareholder will buy CNY 300–500m of A‑shares after the stock plunged 67% from its 2021 high. The company is reporting its first sustained revenue and profit declines in years, with cash flow collapsing and inventories ballooning, signaling a structural slowdown in the appetite for its premium products.

A robotic arm carefully pouring ingredients into a mixing bowl in a modern kitchen setting.
Business1/27/2026, 6:20:19 PM

Appliance Champion Robam Bets on Robot Chefs as Core Business Stalls

Robam has proposed a RMB100 million investment in YouTe Zhichu, a commercial smart‑cooking robot company, aiming to pivot away from slowing range‑hood and gas‑stove sales. The move targets institutional kitchens and leverages YouTe's patent portfolio, but success hinges on sustained R&D, integration challenges and wider macro headwinds in China's appliance market.

Detailed view of a GeForce RTX graphics card, highlighting modern technology.
Business1/27/2026, 6:20:16 PM

Chinese AI-GPU Maker Reports Revenue Surge but Still Posts Large Loss; Losses Narrow in 2025 Forecast

Muxi Co. forecasts 2025 revenue of 1.6–1.7 billion yuan, more than doubling year‑on‑year, while predicting a narrowed net loss of 650–798 million yuan versus a 1.409 billion yuan loss in the prior year. The company attributes improvement to stronger GPU sales, AI integration with industry customers, and lower share‑based compensation.

View of Shanghai's iconic skyline featuring the Oriental Pearl Tower and modern skyscrapers.
Technology1/27/2026, 6:10:57 PM

Shanghai Stakes a Claim to 120 ExaFLOPS of Smart Compute and Pitches Space–Ground 'Supernode' Architecture

Shanghai announced that its aggregate smart‑compute capacity has surpassed 120,000 petaFLOPS and outlined an agenda to build a self‑reliant compute ecosystem linking domestic chips, models and cloud services. Officials and industry groups also floated an integrated space–ground architecture that would treat LEO satellites as programmable compute clusters to achieve global, low‑latency coverage for selected applications.

Wooden letter tiles scattered on a textured surface, spelling 'AI'.
Technology1/27/2026, 6:10:51 PM

Open‑source AI Agent Goes Viral — Cloudflare Rides a Two‑Day Stock Surge as Markets Price an Edge‑Infrastructure Tailwind

An open‑source AI agent, Moltbot, has gone viral for its ability to run locally and call major language models, prompting a two‑day surge in Cloudflare’s stock as investors bet edge infrastructure will benefit from agent‑driven traffic. The boost raises questions about whether increased traffic will convert into revenue, and spotlights security, governance and competitive risks for the AI ecosystem.

Autonomous delivery robots lined up outdoors showcasing modern transportation technology innovations.
Business1/27/2026, 6:10:47 PM

Richard Liu’s Autonomous Convoy Brings New‑Year Goods to His Home Village — and a Showcase for JD’s Rural Logistics

Richard Liu organised a high‑profile delivery of New Year goods to his home village in Suqian led by JD’s sixth‑generation autonomous “Independent Wolf” vehicles. The event doubled as both a charitable distribution and a live demonstration of JD’s rural last‑mile logistics capabilities, underscoring the commercial and political stakes of scaling autonomous delivery in challenging rural environments.

Gold Maneki Neko figurine, a Japanese lucky cat, displayed on a pastel pink background.
World1/27/2026, 12:30:21 PM

Beijing Rebukes Japan’s Sanae Takaichi, Says Tokyo Has ‘No Right’ to Intervene in Taiwan

China’s foreign ministry publicly rejected Japanese prime minister Sanae Takaichi’s suggestion that Tokyo and Washington could act together in the event of a Taiwan Strait crisis, saying Japan has "no right" to interfere. Beijing invoked post‑war treaties and historical grievances to frame Tokyo’s remarks as irresponsible and a threat to regional stability.

Iconic statue of Abraham Lincoln inside the Lincoln Memorial in Washington DC.
World1/27/2026, 12:20:21 PM

U.S. Carrier Deploys to Middle East as Iran Vows Firm Response — Risk of a Limited Strike Spirals into Wider Regional Stakes

The Abraham Lincoln carrier strike group has entered the U.S. Central Command area, signalling heightened U.S. military readiness near Iran while Tehran declares maximum alert and vows retaliation. Washington retains multiple strike options but faces significant strategic risks — including regional escalation, threats to Gulf bases and energy-market shocks — making calibrated action and diplomacy the likeliest near-term path.

Close-up of fruity ice cream flavors in branded packaging, showcasing pineapple and strawberry varieties.
Technology1/27/2026, 12:20:20 PM

Li Auto’s Big Bet: From Electric SUVs to Humanoid Robots and the Push for ‘Embodied Intelligence’

Li Xiang told Li Auto staff that the firm will evolve from an electric‑vehicle maker into an "embodied intelligence" company, pursuing base models, inference chips, an OS and humanoid robots. The strategic shift reflects investor pressure for higher‑margin AI products, recruitment of robotics talent, and significant technical and regulatory hurdles ahead.

Modern flat lay showing bitcoin coins, smartphone, and clipboard for digital currency finance concept.
World1/27/2026, 12:20:06 PM

Israel Probe Finds 'Systemic Flaws' in Arms Procurement, Raising Security and Political Alarms

A government committee found systemic defects in Israel's military procurement processes after reviewing German submarine and corvette deals, renewing past bribery allegations linked to Thyssenkrupp and an associate of Prime Minister Netanyahu. The report also criticised Israel's chaotic handling of Germany's sale of submarines to Egypt and recommended formal procedures requiring expert input on arms decisions.

A modern office setting featuring a man and an autonomous delivery robot outside a glass-covered building.
Technology1/27/2026, 12:10:26 PM

China’s QCraft Sees 2026 as the Start of a ‘Golden Decade’ for Driverless Cars — City NOA to Reach Mass Market

QCraft CEO Yu Qian says 2026 will mark the start of a decade‑long expansion in autonomous driving, with city NOA expected on mass‑market cars priced around „100,000. The company has passed one million vehicle deployments and argues that end‑to‑end learning, VLA and world models plus massive data loops will drive safety and scale, while pragmatic sensor choices and local adaptation will shape competition.

Young technician working with precision on a circuit board, demonstrating focused attention and technical skill indoors.
Technology1/27/2026, 12:10:24 PM

SK Hynix Weighs U.S. AI Investment Hub to Centralise Group’s AI Bets

SK Hynix is exploring the creation of an AI investment arm in the United States to centralise group-level AI investments and speed strategic decisions. The plan would place the company closer to cloud customers, AI start‑ups and investors, and could shift SK Hynix toward higher‑value participation in the AI infrastructure ecosystem.

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Business1/27/2026, 12:10:16 PM

CATL and Yunnan Forge Strategic Pact to Turn Provincial Minerals into Battery Value Chain

Yunnan province and CATL signed a strategic cooperation agreement to develop battery manufacturing, zero‑carbon industrial parks and transport electrification, with CATL promising to convert local mineral resources into higher‑value products. The deal advances provincial industrial upgrading and CATL’s upstream integration strategy, but its benefits depend on effective execution and environmental oversight.

A woman interacts with a touchscreen display in an electronics store while shopping.
Technology1/27/2026, 12:10:15 PM

Retail Demo Backfires: Xiaomi Staff Tosses Phone to Prove Durability — Screen Cracks, Public Questions Follow

A Xiaomi store employee’s attempt to demonstrate a phone’s drop resistance ended with the device’s screen cracking, and the clip sparked online mockery and questions about who should pay for repairs. The incident underscores how live retail demonstrations can backfire, creating reputational and liability headaches for manufacturers and retailers.