Oct 02, 2020 02:31 AM- Jack Ma Is Stepping Down From Board of Alibaba
- Billionaire entrepreneur departed last year as executive chairman of the company he founded 21 years ago; CFO Maggie Wu will fill his seat as director
Oct 02, 2020 02:10 AM- Tesla Further Slashes Price of China-Made Model 3
- Reduction of 10% is third price cut this year as electric-car maker’s new Shanghai factory pursues strategy of competing with cheaper rivals
Oct 01, 2020 08:30 AM- Holiday In-Depth Reads — China’s Tech Giants
- 2020 has been a difficult year for China tech due to U.S. pressure on names like Huawei and TikTok, and a broader assault on China’s chipmaking aspirations
Oct 01, 2020 05:44 AM- Baidu Raises $293 Million for Smart Living Unit in Step Toward Listing
- Fundraising values unit at $2.9 billion as search engine giant moves to spin off No. 2 player in China’s burgeoning smart-speaker market
Oct 01, 2020 05:26 AM- Trump’s Huawei Sanctions Hammer Shares of U.S. Chipmaker Micron
- As Huawei is Micron’s biggest customer, making up for halt in shipments will take time, CEO says; stock loses more than 7% on downbeat outlook
Oct 01, 2020 05:09 AM- Millions Fly With China’s Airlines as Pandemic Drags Down Competitors
- For Golden Week, air travel in China is set to jump 10% from a year ago as tourists flock to Shanghai, Beijing and Hainan’s Sanya
Oct 01, 2020 04:23 AM- Ping An Good Doctor to Raise $1 Billion for Recruiting Physicians
- China’s biggest online health-care platform needs to expand staff as it adds family-care services amid fierce competition from JD Health and 2 Tencent-backed operations
Sep 30, 2020 20:01 PM- In Depth: REITs Come Rumbling Down China’s Rails
- National rail operator confirms plans to launch real estate investment trusts to lighten its debt load, offering outsiders a chance to invest in three of its popular lines
Sep 30, 2020 19:58 PM- As It Pushes Homegrown Satellite Navigation System, Government Also Starts Pushing Products
- China Satellite Navigation Office releases list of 24 non-military items equipped with BeiDou that it recommends for businesses and consumers
Sep 30, 2020 17:48 PM- Court Ruling Denies Chinese Miner’s Rights to Keep Running Papua New Guinea Gold Mine
- Porgera is one of the world’s 10 largest gold mines, with an estimated reserve of 11.6 million ounces and was formally leased to Zijin Mining and Barrick Niugini
Sep 30, 2020 02:16 AM- As Pandemic Shutters Cinemas Around the World, China Wins First Global No. 1 Movie
- War epic “The Eight Hundred” rides a domestic post-coronavirus bump to be the world’s highest grossing movie this year so far
Sep 29, 2020 20:45 PM- Bitter Winter Looms for China’s Northeast as Coal Industry Reforms Bite
- Domestic supply shortages could mean the worst fuel deficit since industry rationalization started in 2016
Sep 29, 2020 19:49 PM- Biopharma Firm Zai Lab Raises $825 Million in Hong Kong IPO
- Nasdaq-listed company sees strong debut in Asian hub on investor interest in health care
Sep 29, 2020 19:43 PM- Trip.com Jets Into Online Payments
- With acquisition of a Shanghai-based licensee, China’s leading travel agent is following in the footsteps of e-commerce giant Pinduoduo and media unicorn ByteDance
Sep 29, 2020 06:01 AM- Exclusive: Top Baidu Sales Executive Detained in Illegal Ad Probe
- Shi Youcai, head of search engine’s sales system, allegedly allowed and profited from prohibited online gambling advertising, a focus of government crackdown
Sep 29, 2020 05:53 AM- TikTok Ban by Trump Most Likely Exceeded Authority, Judge Says
- In blocking Trump administration action, federal district judge finds that short video app owner ByteDance could probably prove its case
Sep 28, 2020 20:30 PM- Indebted, Money-Losing Household Goods Maker Can’t Find $80 Million of Its Merchandise
- Shenzhen-listed Lonkey accuses two of its partners of losing its products. They say they never signed on to work with the company
Sep 28, 2020 19:32 PM- Leading Dairy Yili Doubles Stake in Smaller Rival
- Milk products giant will pay $214 million to boost its stake in Zhongdi Dairy to 31.87%
Sep 28, 2020 19:21 PM- JD.com’s Latest Tonic Comes Bottled in Health Unit IPO
- JD Health plans to raise up to $2 billion in Hong Kong listing, as e-commerce giant’s fintech unit also seeks IPO on Shanghai STAR Market
Sep 28, 2020 19:06 PM- Firm That Hunts for Drugs With AI and Quantum Physics Sets Funding Record
- XtalPi Inc. may be newest pharmaceutical tech unicorn following $320 million series C
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