Mar 26, 2021 20:09 PM- Chinese-Backed Self-Driving Truck Startup TuSimple Files for U.S. IPO
- Firm has big backers on both sides of the Pacific, but that could be the problem
Mar 26, 2021 19:59 PM- Real Estate Giant’s New-Energy Vehicle Bet Has Yet to Pay Off
- Hong Kong-listed Evergrande NEV reports net loss widened to $1.2 billion in 2020 as the company poured more money into developing its nascent auto business
Mar 26, 2021 19:37 PM- China to Pour $9 Trillion Into Green Energy by 2060, Bank Says
- China International Capital predicts installed solar power capacity may jump 40-fold as Beijing goes all out to achieve carbon neutrality in world’s biggest emitter
Mar 26, 2021 19:30 PM- China Oil Giant CNOOC's Annual Profit Plunges 59%
- SOE’s bottom line took a hit in 2020 from a fall in international crude prices that accompanied a drop-off in demand from the Covid-19 pandemic
Mar 26, 2021 19:16 PM- China’s Hillhouse Picks Up Philips’ Home Appliance Unit in $5.2 Billion Deal
- Deal comes less than two years after the private equity major bought 15% of domestic manufacturer Gree for an undisclosed sum
Mar 26, 2021 19:12 PM- Chinese Dairy Giant Sees Profits Curdle
- Mengniu’s profits and revenue fall in 2020 after the pandemic disrupted its supply chains
Mar 26, 2021 19:07 PM- Corrupt ByteDance Catering Executive Gets His Just Deserts
- Gao Chuanfeng gets six years in prison for accepting more than $1.5 million in kickbacks from two of the internet giant’s business partners
Mar 26, 2021 04:06 AM- China Mobile Mulls A-Share Listing, Targets $16.8 Billion in 5G Spending in 2021
- China Mobile joins China Telecom in considering return to mainland exchanges; company weighs possibility of spinning off a business unit for A-share listing
Mar 25, 2021 20:35 PM- Baidu AI Chip Unit Valued at $2 Billion After Raising Fresh Cash
- Kunlun’s biggest customer is still its parent, but half its chips were used by other clients last year
Mar 25, 2021 19:48 PM- Hong Kong Art Market Roars Back to Life With Record $41.9 Million Sale
- Basquait painting fetches highest ever price for Western art sold in Asia’s auction market, giving hope for a post-pandemic revival
Mar 25, 2021 18:45 PM- Power Major Huaneng Commits to Green Energy Boost
- Company aims for renewable sources to make up 34% of its capacity by 2025, more than triple the current level
Mar 25, 2021 17:48 PM- Analysis: China’s Power System Needs More Flexibility to Hit Carbon Goals
- Country will have to rapidly build up its wind and solar capacity to meet aggressive targets, but the process must be fair for all involved
Mar 25, 2021 12:52 PM- SEC Starts Implementing Law That Risks Chinese Stock Delistings
- Watchdog said it’s taking initial steps to force accounting firms to let U.S. regulators review the financial audits of overseas companies
Mar 25, 2021 06:16 AM- ByteDance Hires Xiaomi Executive Chew Shou Zi as CFO, Fuels IPO Speculation
- Chew led Xiaomi public offering; heads to ByteDance post in Singapore as the short-video app leader seeks new growth drivers
Mar 24, 2021 20:35 PM- ByteDance Snaps Up Mobile Legends Publisher as Gaming Tussle With Tencent Intensifies
- Game-maker Moonton, which has found particular success in Southeast Asia, will remain largely independent after the deal
Mar 24, 2021 20:25 PM- Kuaishou Shares Tumble After Losses Expand On Short-Video Platform’s Mounting Costs
- The world’s No. 2 short-video app sees spending to grow user base eat into rising revenues as competition intensifies
Mar 24, 2021 19:09 PM- In Depth: China Telecom Comes Home With Mainland Listing
- Funding for new initiatives and its recent exile from New York could be factors driving the state-owned giant’s plan for a Shanghai IPO
Mar 24, 2021 18:55 PM- Hotpot Phenomenon Haidilao Bites Off More Than It Can Chew
- The popular restaurant chain’s profit fell 86% in 2020 after it opened 544 new stores in the year of the pandemic
Mar 24, 2021 16:49 PM- Wanda Puts Mainland IPO on Hold
- Property manager’s assets fell 3.3% in value in the first half of 2020 as hotels and shopping malls lost business due to pandemic restrictions
Mar 24, 2021 07:39 AM- Geely’s Shanghai Listing Plan Hits the Brakes on Pending Regulatory Approval
- CSRC is reportedly questioning carmaker’s tech credentials for STAR Market
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