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Faraday Future Refutes Delisting Concerns After Failing to File Earnings Report

Nasdaq-listed EV-maker had earlier received a warning letter from the bourse over the delay in filing its earnings, which the company blamed on a short seller report

Chinese Star of ‘American Factory’ Documentary Splurges $1.6 Billion to Build Tech University

Charity founded by businessman Cao Dewang, who gained global fame in the Oscar-winning film, to establish school to boost China’s self-sufficiency in key sectors amid growing tech rivalry with the U.S.

Nov 30, 2021 08:56 PM

Tech Insider: Tencent’s $7 Billion Game, Beijing’s New Robotaxis

WeChat’s walls come down, Tesla-wannabe’s auto sales balloon

Nov 30, 2021 08:39 PM

Alibaba's Youku Wins Copyright Case Against Short-Video App Over Clip Sharing

Beijing court slapped TikTok-like Kuaishou with fine after ruling it had allowed users to illegally upload content from the streaming platform’s hit romance series ‘Skate Into Love’

Nov 30, 2021 08:14 PM

Ex-Provincial Capital Boss Becomes 10th Senior Official to Surrender to Graft-Busters Since 2017

Gong Jianhua had last appeared in public on Nov. 19 when he attended a Jiangxi provincial People’s Congress meeting, according to local authorities

Nov 30, 2021 08:10 PM

China Gas Tumbles Most in a Decade After ‘Big Miss’ on Earnings

The company’s stock dropped as much as 17% in Hong Kong, the steepest since August 2011

Nov 30, 2021 07:35 PM

Kaisa Is Next Developer Worrying China Bond Traders After Rocky Month

If the struggling property firm’s offer to exchange its $400 million dollar notes fails to win support, it may fail to repay bonds

Nov 30, 2021 07:04 PM

Caixin China Biz Roundup: ‘Zero-Covid’ Policy Can Protect Against Omicron, Experts Say

Study argues shifting to a policy of co-existence with the coronavirus could lead to ‘disastrous’ results for China; international financial firms in Hong Kong pay up to cover pricey staff quarantine costs; and Macao gambling tycoon detained

Nov 30, 2021 07:01 PM

Hong Kong to Host International Arbitration Center, Li Keqiang Says

The Chinese premier told a conference that Asian and African countries share responsibility for practicing multilateralism

Nov 30, 2021 06:53 PM

Thai Insurers Face Huge Losses From Bargain Covid Policies

An avalanche of claims has put 16 nonlife companies at risk of collapse

Nov 30, 2021 06:16 PM

Gallery: Nearly 1.5 Million Sit China’s Civil Service Exam

More than 1.42 million candidates sat the civil service exam Sunday for a total of 31,200 vacancies, according the State Council, meaning only one in 46 will win a position. China has set up 59,424 testing sites in 77 cities this year. The exam has attracted over 1 million examinees each year since 2009 as many young people go for government jobs perceived as particularly stable

Nov 30, 2021 05:42 PM

China’s Manufacturing Rebounds With Signs Inflation Easing

Official manufacturing purchasing managers index rose to 50.1, the first time in three months it exceeded the 50 mark that signals an expansion in production

Nov 30, 2021 05:21 PM

Caixin-Sinica Business Brief: Trials and Tribulations of Foreign Financial Firms

Plus, Meituan suffers biggest loss in three years; Alibaba and Baidu ordered to intensify fraud prevention; and China’s birth rate drops to lowest point in decades

Nov 30, 2021 05:20 PM

ByteDance Ramps Up Push Into Property With 20% Stake in Real Estate Broker

The investment in Maitian could allow the TikTok owner to expand its real estate listings service Xingfuli

Nov 30, 2021 03:43 PM

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.1%

Nov 30, 2021 03:03 PM

CX Daily: How Will New Data Security Rules Reshape China’s Internet Industry?

China’s “zero-Covid” strategy can protect the country against omicron, top experts say. Weibo’s secondary listing is coming

Nov 30, 2021 09:24 AM
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