China Tech Daily Briefing (April 24)

1. Huawei launches investment firm with USD 104 million registered capital.
2. British National Security Council approves HUAWEI's 5G network in the UK.
3. Samsung rolls back the launch of foldable phone in China.
4. 10 plus pharmaceutical companies refuse to supply to e-pharmacies.
5. Tiktok claims it incurred huge losses over ban in India.
6. Tencent invests in Argentina payment platform Uala.
7. Lenovo releases new flagship phone, Z6 Pro.
8. Home appliances to be one of the core businesses for Xiaomi in next 10 years: CEO Lei Jun.

(Reported by Ruiyao Luo, staff reporter at The Passage）