The Nasdaq Golden Dragon China Index has seen a short-term surge, with an increase of 0.8%. Popular Chinese concept stocks include XPeng rising 7.5%, Li Auto up 3.1%, Nio up 3.2%, PDD up 2.1%, and Alibaba up 1.7%

Nio's battery asset operator Mirattery completes expanded Series C funding

Mirattery, Nio's battery asset operator, completed an expanded Series C financing of nearly RMB 1 billion ($140 million), adding a state-owned enterprise from Meishan, Sichuan as a new shareholder. This funding supports Mirattery's business expansion, technological innovation, and service enhancement. The company plans to allocate funds towards battery asset deployment and R&D. Mirattery's assets exceed 35 GWh, serving over 500,000 users, with 181 patent applications filed, mostly related to battery technology.

Chinese EV battery giant CATL and Guoxin Micro set up a new automotive chip firm

Chinese EV battery giant CATL and semiconductor developer Guoxin Micro have partnered to establish a new automotive chip firm, Tongxin Micro Technology, in Beijing. The firm, with a registered capital of 300 million yuan, will focus on the automotive domain controller chip business. CATL's investment marks its latest expansion initiative, while Guoxin Micro aims to deepen strategic ties with target customers. The new entity will acquire the chip business from Tongxin Micro for 193 million yuan, reflecting a significant appreciation rate. Guoxin Micro's shares rose 1.33% following the announcement.

Air China Cargo says lock-up period for 5.4% stake in co to end

Air China Cargo says lock-up period for 5.4% stake in co to end

MenuSifu partners with MIXUE for U.S. expansion, as MIXUE becomes world's largest beverage chain by store count.

On December 26, 2025, MenuSifu, a prominent restaurant technology provider catering to Asian restaurants in the U.S., revealed its continued collaboration with MIXUE. This partnership comes at a significant juncture for MIXUE, as the beverage brand attains a momentous achievement by emerging as the biggest beverage chain globally.