New energy vehicles now account for 56.9% of all new car sales in China, with 1.496 million units sold in May 2024 — a 14.4% year-on-year increase. Traditional combustion engine passenger vehicle sales fell 41.
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Tencent is leading a Chinese consortium buyback of Meta's stake in AI agent company Manus at a valuation of approximately $2 billion — the same price Meta paid in Q1 2026.
China's quantum computing sector is concentrating investment around three competing technical pathways — superconducting, neutral atom, and photonic — though no company-to-pathway mapping has been confirmed for the five named actors collectively.
DJI's Pocket 4P sold out within seconds of its June 23 launch, while Insta360's Luna faces months of backlog — a 'sweet problem' for leading brands, and demand that would have been unimaginable three years ago.