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Haisco Pharmaceutical has granted AbbVie exclusive global rights, excluding mainland China, Hong Kong, and Macau, to develop and commercialize its pai…

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Haisco Pharmaceutical has granted AbbVie exclusive global rights, excluding mainland China, Hong Kong, and Macau, to develop and commercialize its pain management drug candidates. Haisco will receive a USD 30 million upfront payment and up to USD 715 million in potential milestone payments, plus tiered royalties on future net sales.

The Freelander brand, a joint venture between <a href="/company/chery">Chery</a> and Jaguar Land Rover, has completed cold weather testing for its upcoming production vehicle. The brand, which launched on March 31, will feature <a href="/company/huawei">Huawei’s</a> Qiankun assisted driving system V4.1, with an 896-line LiDAR sensor debuting on its all-terrain SUV.

<a href="/company/agibot">Agibot</a> has delivered its first global batch of the A3 humanoid robot, with initial deployments in tourism and cultural venues for tasks such as guided services and operations. The company plans to launch an A3 Ultra model later this year targeting round-the-clock deployment scenarios.

<a href="/company/huawei">Huawei</a> will officially unveil its new <a href="/industry/ai">AI</a> glasses on April 20. The wearable device is expected to feature camera capabilities, audio support, and integration with the HarmonyOS ecosystem.

RoboSense has secured a volume order for its Active Camera series from a leading European humanoid robot manufacturer. The company plans to begin mass production and delivery in 2026.

<a href="/company/xiaohongshu">Xiaohongshu</a> will launch its cross-border <a href="/industry/e-commerce">e-commerce</a> platform, Redshop, in June. The platform will initially invite select merchants to sell goods, focusing on categories such as intangible cultural heritage crafts and specialty handmade items before expanding to other sectors.

<a href="/company/honor">Honor</a> and <a href="/company/bytedance">ByteDance</a> are in talks over a potential Doubao-focused smartphone partnership, according to people familiar with the matter, with no agreement yet reached on specific terms.

Malaysia has doubled the minimum sale price for imported <a href="/industry/ev">EVs</a> to MYR 200,000. Trade minister Johari Abdul Ghani stated the policy aims to protect domestic jobs and encourage foreign manufacturers to establish local assembly plants. The move follows the expiration of a previous import tax holiday on December 31, 2025.

Chinese car exports to the European Union reached 1.006 million vehicles in 2025, up 30.7% YoY, as automakers increased shipments to the region.

<a href="/company/insta360">Insta360</a> will host a product launch event on April 15, when it is expected to unveil a new device, widely speculated to be a special edition of the Insta360 Go Ultra pocket camera.

<a href="/company/bilibili">Bilibili</a> has launched a new advertising feature on its mobile app, displaying ads when users manually pause videos, with creators able to opt out. The move follows ad revenue growth of over 20% YoY for 12 consecutive quarters, accounting for 33% of total revenue in 2025.

It could become the first public AI company to emerge from the Chinese Academy of Sciences ecosystem.

WengAI targets Hong Kong IPO after confidential filing

IPO Zaozhidao is a Chinese media outlet that provides timely coverage of IPO developments and related market signals.

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IPO Zaozhidao

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

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Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

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The Dreame-backed brand joins a growing field aiming to turn beds into systems for sleep support.

With AI, can Stareep make smart beds stick in China this time?

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The latest five-year plan seeks to expand the local capital market and encourage listings by large private firms.

Malaysia launches push to encourage local investors to buy stocks

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Haisco partners with AbbVie for pain drugs

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WengAI targets Hong Kong IPO after confidential filing

With AI, can Stareep make smart beds stick in China this time?

Malaysia launches push to encourage local investors to buy stocks