Chinese electric vehicle maker NIO posted stronger-than-expected revenue for the fourth quarter of 2021, but guidance for the first quarter this year was lower than …
Sunac China, the country’s third-largest developer by sales, is seeking a two-year payment extension on a 4 billion yuan ($627.85 million) onshore bond due April …
Chinese gaming and social media giant Tencent Holdings reported a 60% jump in profit in the fourth quarter ended December 31, driven by the divestment …
Embattled property developer China Evergrande Group is working on a restructuring plan and aims to roll it out by the end of July, executive director …
Tsingshan Holding Group, the world’s largest nickel producer, has said that it has gathered sufficient nickel inventory for delivery to tackle a historic short squeeze. …
Property developer Logan Group has become the latest Chinese homebuilder to run into troubles, with its credit rating cut deeper into junk on growing concern about …
Alibaba Group on Thursday reported a nearly 10% growth for the revenue in the three months ended December 31, marking its slowest quarterly sales growth …
China issued a package of measures to spur a faster recovery from the COVID-19 pandemic in the services sector, including guiding online platforms to lower …
Shares of Chinese electric vehicle battery giant CATL tumbled by more than 17% in the first week after the Spring Festival holiday to hit 489.99 …
China Evergrande Group said on Wednesday it aims to have a preliminary restructuring proposal in place within six months as the debt-laden developer scrambles to …
Embattled property developer China Evergrande Group recently transferred its stake in several project companies to partners as part of its efforts reduce debts. An Evergrande …
A unit of Chinese property developer Shimao Group has defaulted on a trust loan with 645 million yuan of overdue payment, China Credit Trust Co said …
China’s leading short video-sharing platform Kuaishou have started a round of layoffs across its major business departments amid expanding losses and increasing competitions. This round …
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 yuan, with the …
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, Sina News and …
Chinese social media and gaming giant Tencent Holdings has been suspended from updating its existing apps or launching any new apps as part of Chinese …
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 in its young …
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 Phase II and …
Embattled property developer China Evergrande Group narrowly averted default again with a series of last-minute coupon payments on Wednesday, but it’s facing another $366 million …
China’s social media and gaming giant Tencent Holdings reported a 3% increase in profits in the third quarter of 2021, its slowest growth in two …
Chinese property developer Kaisa Group is selling assets to ease a cash crunch after its missed payment of a wealth management product intensified market concerns …
Chinese property developer Kaisa Group Holdings Ltd said on Thursday its finance unit had missed a payment on a wealth management product (WMP), intensifying market concerns …
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 to further expand …
China Evergrande Group paid the $83.5 million interest payment on its offshore bond, just before a 30-day grace period runs out for declaring it in …
