Property developer Logan Group has become the latest Chinese homebuilder to run into troubles, with its credit rating cut deeper into junk on
Alibaba Group on Thursday reported a nearly 10% growth for the revenue in the three months ended December 31, marking its slowest
China issued a package of measures to spur a faster recovery from the COVID-19 pandemic in the services sector, including guiding online
Shares of Chinese electric vehicle battery giant CATL tumbled by more than 17% in the first week after the Spring Festival holiday
China Evergrande Group said on Wednesday it aims to have a preliminary restructuring proposal in place within six months as the debt-laden
Embattled property developer China Evergrande Group recently transferred its stake in several project companies to partners as part of its efforts reduce
A unit of Chinese property developer Shimao Group has defaulted on a trust loan with 645 million yuan of overdue payment, China Credit
China’s leading short video-sharing platform Kuaishou have started a round of layoffs across its major business departments amid expanding losses and increasing
The consumer finance unit of China’s Ant Group, will boost the company’s capital to 30 billion yuan ($4.71 billion) from 8 billion
iQiyi, one of China’s top video-streaming platforms, is said to have started a large-scale layoff, reported several mainland news outlets including Yicai,
Chinese social media and gaming giant Tencent Holdings has been suspended from updating its existing apps or launching any new apps as
Chinese e-commerce giant Alibaba Group reported an 87% year-on-year decline in net income for the September quarter, missing expectations as the company increased investment
China’s top chipmaker Semiconductor Manufacturing International Corporation (SMIC) announced on Friday that its subsidiary SMIC Holdings, China’s National Integrated Circuit Industry Investment Fund
Embattled property developer China Evergrande Group narrowly averted default again with a series of last-minute coupon payments on Wednesday, but it’s facing
China’s social media and gaming giant Tencent Holdings reported a 3% increase in profits in the third quarter of 2021, its slowest
Chinese property developer Kaisa Group is selling assets to ease a cash crunch after its missed payment of a wealth management product
Chinese property developer Kaisa Group Holdings Ltd said on Thursday its finance unit had missed a payment on a wealth management product (WMP),
Tencent Holdings launched three new self-designed chips on Wednesday, as the internet giant seek to play a role in boosting development of the country’s semiconductor sector and
China Evergrande Group paid the $83.5 million interest payment on its offshore bond, just before a 30-day grace period runs out for