Stories from Shenzhen · China
82 stories in this location, newest first.
Huawei Chip Sales Revenue Rises On AI Demand
First-day sales for the Huawei Pura X Max reached approximately 215% of the volume seen during the initial launch of the Pura X model. Trending discussions on Zhihu indicate high consumer interest in the Pura X model. The Pura X model is currently a trending topic on Chinese social media platforms. Trending data from Zhihu confirms high engagement regarding the device's performance/sales. The Huawei Pura X is currently a trending topic on Zhihu with a heat rating of 970,000. Huawei is seeing increased revenue from chip sales due to rising demand for artificial intelligence technology in China. The company's growth is driven by the continued swell in AI-related requirements. The report notes that AI-related demand continues to swell in the region.
Zhihu
US Restricts AI Chip Exports To Huawei
The United States is continuing to control technology by requiring certain equipment companies to temporarily suspend supplies to Huawei, China's second-largest telecommunications firm.
VOV1 Vietnam
China Defeats Romania In Ice Hockey
Romania defeated the Netherlands with a score of 7-0 during the Division 3 Ice Hockey World Championship. The match took place in Shenzhen, China. Scorers for the Romanian team included Martin Yuricala, Tamașa Resec (two goals), Funor Cesar, Matias Haranen, Evgenis Kacov, Zombor Molnar, and Peter Balas. Romania is scheduled to play again today at 16:30. The victory follows a strong performance during the extra period. The team is described as playing with persistence and good form. Romania lost to China with a score of 3 to 4 during a Division III World Ice Hockey Championship match in Shenzhen. China secured the victory with a golden goal scored 27 seconds into overtime.
Radio Romania Intl
Cambricon Q1 Profits Exceed 1 Billion Yuan
The news also notes that retail investor Zhang Jianping has exited the company's top ten shareholders list. Cambricon reported quarterly profits exceeding 1 billion yuan. The news follows reports of the company's financial growth in the semiconductor sector. Cambricon's single-quarter profits have reached a new high, exceeding 1 billion yuan. The company's trending status on CLS Finance also noted the exit of retail investor Zhang Jianping from the top ten shareholders. Cambricon reported record-high first-quarter earnings with single-quarter profits surpassing 1 billion yuan. The news follows a period of growth for the chip designer. The company's financial results have driven trending activity on Chinese financial platforms. New data confirms Q1 profits reached a record high of over 1 billion yuan.
CLS Finance China
Zhang Xue Rejects 50 Million Yuan Sponsorships
Zhang Xue, founder of Zhang Xue Motor, announced via Douyin that he rejected numerous business collaborations worth approximately 50 million yuan. He chose to maintain only four sponsorships specifically related to his racing team.
Zhihu
Cambricon Q1 Profits Exceed 1 Billion Yuan
Cambricon reported quarterly profits exceeding 1 billion yuan, marking a new high for the company. The financial results indicate growth in the semiconductor sector. Profits for the single quarter have now been confirmed to exceed 1 billion yuan. The news follows market interest in the firm's financial performance. The company's financial results have trended highly on Chinese financial platforms. The news follows market activity in Asian equities involving South Korean and Singaporean markets. Specific profit figures now exceed 1 billion yuan for the quarter. The news follows a period of growth for the Chinese chip designer. New reports confirm profits reached a record high for a single quarter, exceeding 1 billion yuan. Cambricon recorded record profits during the first quarter of 2026. This development marks a substantial financial milestone for the firm.
CLS Finance China
Zhang Xue Rejects 50 Million Yuan Sponsorships
Cambricon Technologies reported record quarterly profits exceeding 1 billion yuan for the first quarter. Retail investor Zhang Jianping has exited the top ten shareholders list following the record performance. Cambricon's quarterly profits reached a new high, exceeding 1 billion yuan. The founder confirmed via Douyin that he rejected roughly 50 million yuan in deals to prioritize four specific team-related sponsorships. Founder confirmed via video that the rejected amount was approximately 50 million yuan, opting to keep only four team-related sponsorships.
CLS Finance China
DJI Budget Reported At $74 Billion
Reports indicate that DJI, a company linked to the Chinese Communist Party, has a budget reaching $74 billion. A C-SPAN Radio segment noted that while DJI is prohibited from receiving new FCC authorizations, products like the DJI Avata remain in use.
Al Jazeera Arabic
Nine Year Old Boy Secures Gaming Job
A nine-year-old boy in Shenzhen, Zhang Yufan, has reportedly received a job offer from a gaming company in Hangzhou. The child reportedly began learning Python at age five and claims proficiency in six languages.
Zhihu
Shenzhen Housing Policy Boosts Sales
The Shenzhen Housing and Construction Bureau issued a notice today regarding the optimization of real estate policies. Data from the Shenzhen Housing and Construction Bureau shows an increase in residential transactions following new housing policies introduced on April 29. Signed sales for new homes rose to 428 units, up 63.4% year-on-year. Secondary residential transactions reached 304 units, representing a 50% year-on-year increase. Shenzhen housing sales saw growth between April 30 and May 3 following the introduction of new housing policies on April 29. From April 30 to May 3, new residential property subscriptions reached 389 units, a 22.7% increase compared to the same period in 2025. Online signed sales reached 428 units, up 63.4% year-on-year, while second-hand home transactions rose 50%.
CNR Voice of China