Yue Wang

Beijing

Senior Contributor at Forbes

Forbes Asia writer. Previously @ TIME @Medill School of Journalism

Featured in: Favicon

forbes.com Favicon

time.com

nikkei.com (+1) Favicon

flipboard.com Favicon

forbesmiddleeast.com Favicon

newsbreak.com Favicon

newyorkfolk.com Favicon

beamstart.com Favicon

hongkongbusinessreporter.com Favicon

hongkongnewsnetwork.com

Articles

China’s Robot Maker Unitree Valued At $1.7 Billion In Series C Round

1 week ago | forbes.com | Yue Wang

A Unitree humanoid robot performs Thursday, the first day of the Mobile World Conference in Shanghai. Ying Tang/NurPhoto via Getty ImagesUnitree Robotics, a Hangzhou-based maker of humanoid robots whose founder recently met with Chinese President Xi Jinping, completed series C funding this month that values the company at 12 billion yuan ($1.7 billion), according to people with knowledge of the matter.
Chinese Billionaire Richard Liu Defends Food Deliveries As Losses Mount

1 week ago | forbes.com | Yue Wang

Richard Liu, founder of JD.com, on the day the company went public on the Nasdaq exchange, May 22, 2014. Andrew Burton/Getty ImagesRichard Liu, billionaire founder of Chinese e-commerce giant JD.com, defended his decision to expand into the country’s hugely competitive food-delivery market and incurring heavy losses, referring to a “lost five years” for his company.
Pop Mart’s Wang Ning Is China’s 10th Richest Thanks To Labubu Mania

2 weeks ago | forbes.com | Yue Wang

Labubu dolls on display at a Pop Mart store in Shanghai, Around the world, toys based on the character by Chinese toy company Pop Mart are flying off store shelves.
Colin Huang Suffers $5.7 Billion Wealth Plunge As PDD’s Growth Falters

1 month ago | flipboard.com | Yue Wang

8 hours agoHere’s the Minimum Net Worth To Be Considered Upper Class in Your 50sHitting your 50s can bring a lot of questions -- about health, career and, yes, money. One big one? "Am I where I should be financially?" Whether …3 hours agoThe recent U.S. market rebound is the calm before a potential storm, says Citi's Lucy BaldwinLucy Baldwin from Citi expects the Fed to cut interest rate by 125bps between July and next January as tariffs hurt growth and drive up unemployment.
Colin Huang Suffers $5.7 Billion Wealth Plunge As PDD’s Growth Falters

1 month ago | forbes.com | Yue Wang

Colin Huang, founder of Chinese e-commerce behemoth PDD Holdings, saw his fortune shrink $5.7 billion overnight as shares of the Nasdaq-listed company plummeted Tuesday due to weak quarterly results reported the same day. The 45-year-old now has a net worth of $36.3 billion derived from a company stake, although Huang stepped down as chairman in 2021, according to Forbes estimates.
China’s Wang Chuanfu Loses $1.8 Billion As Investors Fear EV Price War

1 month ago | forbes.com | Yue Wang

Wang Chuanfu, the billionaire cofounder of Chinese electric vehicle giant BYD, saw his wealth drop by $1.8 billion in a single day after investors were spooked by the company’s decision to offer as much as a 34% discount on its already cheaply priced entry-level models. Wang, the company’s 59-year-old chairman and CEO, still has a fortune of $28.3 billion largely based on a BYD stake, according to Forbes estimates.
Chinese Battery Giant CATL Soars Almost 17% In Hong Kong Debut

1 month ago | forbes.com | Yue Wang

Shares in Chinese battery giant Contemporary Amperex Technology soared almost 17% on their first trading day in Hong Kong as investors brushed off geopolitical concerns to pile onto the largest listing so far in 2025.
Alibaba Shares Fall On Report Of U.S. Scrutiny Of Apple AI Deal

1 month ago | forbes.com | Yue Wang

Shares in Chinese e-commerce giant Alibaba fell as much as 4.8% on Monday in Hong Kong as a deal to provide AI technology to iPhones sold in China faced a possible backlash in the U.S.Investors in Alibaba, which is also listed on the New York Stock Exchange, were reacting to a New York Times story published Saturday that said the U.S. government is looking into Apple’ s plan to use Alibaba’s AI to offer more intelligent smartphone assistants in its second largest market by sales, China.
Healthcare & Science: Meet The Healthtech Founders And Scientists On The 30 Under 30 Asia List

1 month ago | forbes.com | Yue Wang

Young entrepreneurs and scientists are using advanced technologies including AI to improve diagnostics and access to healthcare services.
Meet Asia’s 30 Under 30 Entrepreneurs Making Robots And Rockets

1 month ago | flipboard.com | Yue Wang

11 hours agoOpenAI pledges to publish AI safety test results more oftenOpenAI is moving to publish the results of its internal AI model safety evaluations more regularly in what the outfit is saying is an effort to increase transparency.