Apr 09, 2021 19:51 PM- China Courier Giant SF Predicts $140 Million Loss for First Quarter
- The resource demands of expanding new businesses sent costs skyward, company says
Apr 09, 2021 19:40 PM- Controversy-Plagued Game Studio’s Shares Soar on Report of Bilibili Interest
- Gaming and video giant denies Reuters report saying it is seeking to buy 24% of rival Yoozoo for more than $700 million
Apr 09, 2021 19:35 PM- Douyin Cracks Down on Rule-Breaking Vendors to Try to Restore Trust
- Kang Zeyu, the head of the short video app’s e-commerce unit, says it is prepared to sacrifice sales to get back into its users’ good graces
Apr 09, 2021 03:45 AM- Chinese Property Developers Target Slower Sales Growth for 2021
- Amid stricter borrowing limits under ‘three red lines’ policy, real estate giants say they expect to expand at less than half the pace set three years ago
Apr 08, 2021 20:29 PM- China Eastern Pitches In to $4.75 Billion Rescue Plan for Air France-KLM
- Shanghai airline’s contribution could lift its holding in the debt-stricken carrier to 10%
Apr 08, 2021 20:25 PM- Trip.com Brings Its Shares Home With $1.3 Billion Hong Kong IPO
- Company joins a growing list of major New York-traded Chinese internet firms making secondary listings in the territory
Apr 08, 2021 20:10 PM- In Depth: China’s Film Industry Suffers Brain Drain as Game Developers Poach Talent
- One visual effects firm founder said his digital artists are being lured away with salaries three times higher than what he can offer
Apr 08, 2021 19:41 PM- Struggling Former Retail Giant Eyes Comeback as Founder Retakes the Helm
- Huang Guangyu announced Gome would launch a major expansion in his first public remarks since serving 10 years in prison for insider trading and corruption
Apr 08, 2021 07:50 AM- Crippled Rental Platform Danke Faces Delisting From NYSE
- Company didn’t report financial results after the 2020 first quarter as the pandemic caused its controversial expansion model to collapse
Apr 08, 2021 07:41 AM- Exclusive: Driverless Truck Startup TuSimple Seeks $1 Billion in U.S. IPO
- Chinese-backed company based in San Diego eyes a valuation of $5 billion to $7 billion with Nasdaq debut set for April 15
Apr 08, 2021 03:44 AM- Chinese Bike-Sharing Startup Hello Launches Smart Electric Bicycles
- Offering three new models that can be linked to mobile phones, Ant Group-backed company seeks to differentiate itself in a crowded market
Apr 07, 2021 20:03 PM- Restructured Machinery Giant Aims to Repay Investors Through Backdoor Listing
- Xugong Group Construction Machinery IPO plan follows last year’s $3 billion mixed-ownership overhaul
Apr 07, 2021 19:53 PM- ByteDance Claims Reprieve in India Tax Dispute
- TikTok owner says a court has ruled it can use its funds in the country for operations, even as government says the money is frozen for potential settlement
Apr 07, 2021 19:48 PM- Cosco Says Profits to Surge as Global Rebound in Seaborne Freight Sails On
- Shares of world No. 3 shipper jump by 10% daily limit after company projects stunning first quarter earnings
Apr 07, 2021 19:21 PM- Newly Formed Agriculture Giant Syngenta Group Posts Modest Annual Gains
- Company created last year by combining former Swiss giant with ChemChina’s Chinese and Israeli assets reported 5% revenue rise in 2020
Apr 07, 2021 16:44 PM- Analysis: Should Consumers or Businesses Drive 5G Applications?
- Industrial applications are best poised to utilize the technology’s capabilities, but consumers will need to adopt them en masse to lower costs
Apr 07, 2021 14:28 PM- Asian LNG Spot Price Is Down 80% From Record High
- Price slid to $7.10 per million Btus after China’s winter heating season came to an end
Apr 07, 2021 07:24 AM- Grocery App Dingdong Maicai Raises $700 Million to Fund Expansion
- Sequoia Capital-backed operation will use the money to compete with platforms run by Alibaba, JD and Pinduoduo in crowded sector
Apr 06, 2021 20:15 PM- Huawei Deactivates AI and Cloud Business Group in Restructuring
- Telecom giant plans to split the business across separate units as it struggles to transition from making devices to providing services
Apr 06, 2021 20:04 PM- China Tourism Surges Close to Pre-Pandemic Levels During Holiday Weekend
- Qingming Festival sparks rebound as travelers make 102 million domestic trips, but spend less than in previous years
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