China Tech Daily Briefing (Feb 28)

1. Tencent and Intel jointly launches cloud game platform Tencent Ji Wan.

2. Folding screen phones may come out next year, says Zhao Ming, CEO of Huawei Honor.

3. NetEase confirms layoffs, calls it structural optimisation.

4. Alibaba to start work on Beijing headquarters from November.

5. Fintech startup Dfwybank closes B round funding led by Venture China.

6. Tik Tok releases new marketing product Dou Shop.

7. HTC blockchain mobile phone Exodus 1 open for sales.

(By Carl Zhou, intern with The Passage)