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China Daily Brief

China Tech Daily Briefing (May 11)

May 11, 2019 by The Passage Team
China Tech Daily Briefing (May 11)
  1. Bear company Budweiser Asia & Pacific files for IPO in Hong Kong.

  2. Food brand Three Squirrels applies for IPO in China.

  3.'s share price up by 2.4%, thanks to its Q1 2019 financial report.

  4. Letv says total debt of company up to 2018 is about USD 1.76 billion.

  5. Tencent and sign three-year strategy cooperation agreement.

  6. Baidu's Haokan Video to set aside USD 73.3 million for creators’ bonuses.

  7. WeChat blocks mini programs of multiple e-cigarette brands.

  8. Huawei's product president says they’ll bring 5G phone for 1000 RMB next year:

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

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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