Caixin Global - Latest Business and Financial News on China, U.S. Trade War and Negotiations, Breaking News, Headlines and Developments

TOP STORIES

: Cover Story: China Tech Firms Drive AI Data Center Boom in Southeast Asia
Chinese cloud companies and server facility operators are expanding across Malaysia, Thailand and Indonesia, seeking faster construction, cheaper capacity and a foothold in markets becoming central to the global AI race

: TikTok to Pay $400 Million to Settle U.S. Child Privacy Lawsuit
The Justice Department had accused the social media platform of allowing minors to register accounts without parental consent and collecting their personal information like email addresses and phone numbers

Airbus Bets AI Hardware Will Drive Air Cargo Demand

High-value technology exports are replacing cross-border e-commerce as the primary growth engine for global air freight, providing a crucial buffer for airlines against operating costs

: Shein Seeks Up to $1.8 Billion in Hong Kong IPO at $27 Billion Valuation
The fast-fashion retailer’s targeted valuation is sharply below its private-market peak, as slowing growth and the loss of import-tax exemptions in Western markets weigh on its low-cost model

Alibaba’s $12 Billion Share Sale to Fund AI Push Sends Stock Lower

The Hong Kong placement, priced at a discount, highlights the rising capital demands of the global AI race as Alibaba’s spending pressures profit and cash flow

INSIGHT

In Depth: Millions Tied Up as Hong Kong IPO Fund Network Runs Into Trouble

Cover Story: Unmasking the Architect of a Global Cybercrime Empire

Analysis: Travel Is Booming in China, so Why Are State Tourism Firms Bleeding Red Ink?

Caixin Explains: How China Plans to Pay for Its Urban Renewal Push

A-Share Database >>

China Business Uncovered Podcast: Leaked Deals, Bribes Behind Hong Kong’s Insider-Trading Scheme

Aug 14, 2026 03:23 PM

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LATEST NEWS

: PDD Shares Rise After Earnings Beat, Despite Slower Growth at Temu
Second-quarter profit came in ahead of forecasts, while revenue fell short as overseas expansion lost momentum and the company stepped up investment in supply chains and self-operated brands
Aug 25, 2026 03:07 AM

: Xiaomi Steps Up Chip Push With New Smartphone, AI and Self-Driving Processors
The new lineup reflects Xiaomi’s effort to build a more self-sufficient technology stack, but analysts say the company still faces high costs and limited scale in bringing in-house chips to market
Aug 25, 2026 12:46 AM

: Veteran Banker Li Yun Appointed Acting Mayor of Shenzhen
The appointment means Shenzhen’s top two officials both possess extensive financial backgrounds, underscoring a strategic focus on economic management for the technology hub
Aug 24, 2026 09:19 PM

: Former Peking University Vice President Sentenced to Eight Years for Bribery
Ren Yuzhong, a rising star who became Peking University’s first millennial-generation vice president, accepted millions of dollars in bribes in exchange for college admissions and jobs
Aug 24, 2026 09:07 PM

: China’s Draft Outbound Investment Rules Target Individuals, Tighten Oversight
Draft NDRC regulations remove the $300 million reporting threshold for overseas reinvestments to manage geopolitical risks
Aug 24, 2026 06:56 PM

: China’s Graft-Busters Keep CHN Energy in Their Sights
Corruption investigators are looking into the former labor union chairman at Ningxia Coal Industry, bringing the number of managers probed at the state-owned conglomerate to at least 17 since March 2025
Aug 24, 2026 06:47 PM

: Business Brief (Aug. 24): China Ramps Up Push to Clear Business Arrears
Domestic passenger car sales plunge, China and Switzerland complete negotiations to upgrade their free trade agreement
Aug 24, 2026 06:33 PM

: Chinese Memory-Chipmaker YMTC Parent Files for $4.9 Billion IPO
China’s leading NAND producer moves toward one of the Shanghai STAR Market’s biggest debut after rival CXMT’s blockbuster listing
Aug 24, 2026 06:31 PM

: China Throws Insurers Lifeline as Falling Rates Squeeze Returns
The financial regulator drops a strict asset-matching rule that would have forced smaller firms into abrupt portfolio shifts, granting a three-year grace period
Aug 24, 2026 06:13 PM

: Taikang Insurance Founder Steps Down as CEO in Leadership Reshuffle
Liu Tingjun takes the helm at China’s most profitable unlisted insurer as it expands eldercare business
Aug 24, 2026 05:36 PM

: China Elevates Two Officials to Top Anti-Graft Watchdog Roles
Zhao Shiyong and Zhang Zhong have been promoted to deputy secretaries of the Central Commission for Discipline Inspection, highlighting a continued emphasis on cadre management and systemic crackdowns on local corruption
Aug 24, 2026 04:20 PM

: China’s Fiscal Revenue Surges as State Spending Stagnates
Surging tax receipts from an active stock market mask sluggish government expenditure and a prolonged property slump
Aug 24, 2026 02:53 PM

: China’s Top Venture Capital City Gets New Boss After Corruption Probe
Qin Weiguo takes the helm in Hefei, marking the third leadership change in two and a half years for the crucial electric-vehicle and chip manufacturing hub
Aug 24, 2026 02:25 PM

: Opinion: China’s AI Boom Raises the Stakes for Personal-Data Protection
Draft rules seek tougher safeguards as the technology brings wider data risks, from opaque training practices to deepfake fraud
Aug 24, 2026 02:03 PM

: Real Estate Brokerage KE’s Profit Balloons Despite Falling Revenue
The company’s net profit jumped 79% in the first half on revenue of 43.4 billion yuan, down 12%
Aug 24, 2026 12:56 PM

: CX Daily: For Chinese EVs in Europe, Success Hinges on Holding Their Value
Rapid vehicle depreciation could slam the brakes on Chinese carmakers’ expansion in Europe, a market dominated by leasing
Aug 24, 2026 09:00 AM