China Bars SoftBank From Taking Over ABB’s Robot Business in China
ABB says China’s foreign investment security review has prohibited the China part of SoftBank’s US$5.375 billion purchase of its robotics division.
DAILY BRIEF · 10 STORIES
The November 6, 2026 brief
China’s Moonshot AI Opens Weights of 2.8-Trillion-Parameter Kimi K3.1 Pro
The model activates about 104 billion parameters per query, and Huawei announced same-day inference support on its Atlas A3 and Ascend 950 systems.
China’s YMTC Puts RMB33 Billion Shanghai IPO on Hold as Listings Slow
The NAND flash maker’s parent, CCSH, shelved a strategic share placement planned for late October, with a listing now likely in the first half of 2027.
China’s Energy Regulator Shortlists 93 Projects for Its AI+ Energy Pilots
The shortlist follows a May call built on 51 high-value scenarios, and the public can file objections until November 11 before the pilots are confirmed.
China’s Chip Hiring Spree Tests Trade-Secret Laws in South Korea and Taiwan
A Seoul court has jailed a former Samsung engineer who joined CXMT for five years, as Chinese chipmakers lure talent with pay, stock options and housing.
China’s Tungsten Curbs Squeeze Drill Bits for AI Server Circuit Boards
Tungsten carbide micro drill prices have risen severalfold this year, and some board makers have turned to Chinese suppliers with access to cheaper tungsten.
Hong Kong Stocks Jump 3.67% as China Tech Rallies and Asian Chipmakers Fall
Alibaba gained 8.5% and Tencent 7.2% as Hong Kong turnover hit HK$356.6 billion, while Samsung Electronics and SK Hynix fell more than 5% in Seoul.
China’s Xinhua and UBTech Unveil Humanoid Robot News Anchors Styled by Zhang Yimou
The life-size anchors, Xinyan and Xinyu, run on Xinhua’s own AI agent for current-affairs news, with UBTech supplying the bionic skin and hardware.
Huawei Seeks OSTA Trademark for Phones, Smart Glasses and Chips
The pending class 9 filing spans smartphones, tablets, smart glasses and chips, as tech bloggers tie OSTA to an unannounced Huawei phone line called Xingmang.
Shanghai Brain-Computer Interface Startup Active Technology Raises RMB464 Million
Founded in February, the Lingang Lab spin-off has now raised about RMB800 million in two angel rounds for a 1024-channel implant aimed at paralysis.