Geely hands over the reins as founder Li Shufu steps back
The real test for the succession will be whether “One Geely” can deliver more than the founder alone could.
Day: August 18, 2026
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DeepSeek API pricing takes effect, peak-hour rates up 1,100%
The company is using price incentives to steer non-urgent workloads toward nights, weekends and holidays
Unitree’s ‘Superman’ robot tops trending charts with 2-meter jump
Released on the eve of Unitree’s IPO on August 19, the launch looks like more than a demonstration of engineering capability.
Unitree to list August 19 as China’s first humanoid robot stock
DeepSeek was allocated 933,400 shares, worth about 141 million yuan at the IPO price, making it one of the more notable strategic investors.