Mar 19, 2021 21:22 PM- Tip Sheet: Pinduoduo Founder’s Sudden Exit Spooks Markets
- Huang Zheng had gained a reputation as master of ultra-discount online shopping before his shock announcement sent the company’s shares down 7.1% Wednesday in New York
Mar 19, 2021 20:07 PM- Clubhouse Knockoffs, ‘Deepfakers’ Land on Cyber Regulator’s Radar
- Internet watchdog reminds Tencent and smaller firms like Inke of their obligations in shaping public opinion
Mar 18, 2021 19:58 PM- Japanese Carmakers Close In on German Rivals in China
- While the sales of Volkswagen, BMW and the like are strong in the country, booming demand for midrange vehicles plays to the strengths of Japanese vehicles
Mar 18, 2021 19:55 PM- Courier Service SF Holding Delivers 38% Revenue Surge in 2020
- The Shenzhen-based logistics firm saw e-commerce bring in 44.1 billion yuan last year
Mar 18, 2021 19:50 PM- Nokia Plans 10,000 Job Cuts to Fund Strategy to Catch Up on 5G
- Telecoms giant aims to stem losses in market share to Huawei and Ericsson in wireless network rollout race
Mar 18, 2021 19:13 PM- U.S. Plans to Cut Off China Unicom Over National Security Concerns
- Telecoms regulator begins process to revoke wireless carrier’s license to offer U.S.-based services
Mar 18, 2021 07:26 AM- Founder Departs as Pinduoduo Takes China’s E-Commerce Crown From Alibaba
- Colin Huang Zheng hands over chairmanship to co-founder and CEO Chen Lei a few months ahead of schedule
Mar 18, 2021 04:55 AM- Agritech Startup XAG Raises $46 Million Amid Listing Expectations
- Chinese maker of agricultural drones and robots plans to pour proceeds of 5th funding round into R&D
Mar 17, 2021 20:23 PM- China Unveils New Broadcast Law for Internet Era
- Draft legislation released this week will overhaul current law, which was rolled out in 1997 when TV and radio stations ruled and the nation’s internet was in its infancy
Mar 17, 2021 20:22 PM- Apple Said to Cancel Orders With Mobile-Camera Maker as U.S. Sanctions Bite
- State-backed media China Fund says tech giant severed ties with OFilm as company confirms it has lost a major foreign client
- Mar 17, 2021 19:17 PM
- Evergrande Property Management Arm’s Profits Triple in First Report Since IPO
- Company reports strong performance, with revenue rising 43.3% last year
Mar 17, 2021 19:11 PM- Embattled ZTE’s Revenue Growth Hits Five-Year High
- Telecom-gear maker has a bumper 2020, even as sales in some Western markets decline
Mar 17, 2021 12:48 PM- Charts of the Day: How China’s Short-Video Obsession Creates a New Battlefield
- After hitting $20 billion last year, market is set to quadruple by 2025, giving Tencent, ByteDance and new rivals something worth fighting over
Mar 17, 2021 04:50 AM- Bilibili Wins Approval for Hong Kong Secondary Listing
- Flotation may raise $3 billion as Nasdaq-traded video streaming platform joins pilgrimage of Chinese stocks returning to China
Mar 16, 2021 20:27 PM- Facial Recognition and Faulty Cars Targeted at Annual Consumer Rights Show
- U.S. bathroom-fittings maker Kohler was accused of installing face-scanning cameras in all its China stores without shoppers’ consent
Mar 16, 2021 20:20 PM- Online Trading Platforms in Crosshairs of Market Regulator’s Latest Cleanup
- State Administration for Market Regulation says it’s creating a list that will clarify responsibilities for operators such as direct broadcasters and takeout dining services
Mar 16, 2021 19:05 PM- In Depth: China Forges Steel Colossus. But Will the Pieces Stick Together?
- Baowu has grown at a breakneck pace over the last two years through a rapid-fire string of acquisitions, becoming the world’s largest steelmaker last year
Mar 16, 2021 18:51 PM- Wanda Cuts Stake in U.S. Cinema Operator AMC Entertainment
- Chinese company reduces its holdings in leading American movie theater operator to about 10% from 23% at the end of last year, a new regulatory filing shows
Mar 16, 2021 04:57 AM- HNA Restructuring Begins With Substantive Consolidation of 320 Units
- Hainan court rules a single proceeding will better protect creditors while saving time and money and sets a June 4 meeting to weigh a reorganization plan
Mar 15, 2021 19:36 PM- Didi Driver Detained Over Passenger’s Death
- A dispute over the passenger’s phone number escalated with fatal consequences
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