Chinese group-buying site Pinduoduo backed by the tech giant Tencent will price its US initial public offering at $19 per American depositary receipt (ADR) to raise up to $1.63 billion…
YUAN TALKS
Qualcomm Inc, the world's biggest maker of chips for mobile phones, said on Wednesday it would drop its $44 billion bid for NXP Semiconductors after failing to secure regulatory approval…
The Hong Kong Stock Exchange decided to defer a debate on proposed rule changes that would allow corporate shareholders to retain shares with more voting rights, an extension of its…
US social media giant Facebook has finally moved into China by setting up a subsidiary in the country, a move widely viewed as to ramp up its presence there although its…
Chinese telecommunications tower operator China Tower is looking to open the retail book for its blockbuster IPO in Hong Kong in which it looks to raise $8.8 billion at a…
Chinese cabinet sent new message that the government will resort to looser monetary polices and more active fiscal policies to support the economy amid increased uncertainties from escalating trade tensions with the…
Chinese fund managers have cut holdings and lowered the valuation of their biotech stocks in their portfolios in the wake of a fake vaccine scandal which spills over to become…
Chinese pharmaceutical firms are plunging as a drug safety scandal spills over to become a sector-wide trust crisis following authorities' finding that the country's second largest vaccine maker produced fake…
Fortune magazine released its 2018 Fortune 500 list on its website yesterday. China is home to 120 companies on this year’s ranking, almost neck-and-neck with the US with 126, with…
ZTE won orders worth more than CNY500 million (USD74 million) from China’s three largest telecom operators soon after the US lifted a crippling export ban on the telecom equipment maker at the start of…
Chinese yuan tumbled on Thursday as investors increasingly expect that the central bank will ease monetary policy in support of the economy which has been struggling amid the country's deleveraging…
Pinduoduo, China’s leading online group discounter, has nearly doubled the amount of money it aims to raise through an initial public offering in the US. Tencent-backed Mengxun Information Technology, the…
China's economic growth moderated as expected in the second quarter amid ongoing government efforts to cut debt levels which crimp economic activities as well as escalating trade tensions with the…
Jia Yueting, the embattled Chinese businessman who founded Faraday Future, will be allowed by its biggest shareholder to keep control over the high-profile electric carmaker until the end of this…
China’s economic growth slipped to 6.7 percent in the second quarter, but stayed on par with expectations despite trade tensions with the world’s largest economy. Gross domestic product is rising…
Whether shareholding ratios in Chinese-foreign joint ventures will change is forming the focus of widespread attention as China gradually eases its curbs on shareholding in auto companies. Bayerische Motoren Werke…
Chinese smartphone maker Xiaomi’s shares tumbled in Hong Kong on Monday, reversing four consecutive days of advances, as the company finds itself caught in the middle of a turf battle…
China saw its real estate development investment grow at the slowest growth in six months in June as developers face tightening restrictions on funding while home sales continued to moderating,…