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Analysts say the booming trend toward spinoffs - from hot IP rights related to online literature, movies, TV dramas, video games, comics and animation - is hardly surprising when you consider emerging mobile technologies, powerful processors and high-definition screens, which make online reading and video viewing more enjoyable and convenient.

And the GeekWire Summit is going virtual this year, with sessions from Oct. 13-29, and special guests, including Bill Gates. Most sessions will be on Tuesdays and Thursdays. Check out the event site to register and get a sneak peek at who will be appearing.

And Fuyao Glass Industry Group Co has spent billion on US manufacturing facilities, including reopening a former General Motors Co plant in Moraine, Ohio, which will employ 2,500 people.

Analysts said the increasing use of HarmonyOS showcases Huawei's resilience and technological prowess, but challenges still exist as the latest US chip bans weigh on Huawei's smartphone business.

Analysts have mixed views on the deal. Lincoln Kong from Goldman said Tsingtao would see benefits from collaboration with Fosun in areas including export business, premium branding and management incentives.