Feb 04, 2021 05:43 AM- WeRide Aims to Provide Paid Driverless Minibus Service in 2021
- Guangzhou-based startup backed by Nissan has strategic partnership with state-owned Guangzhou transit provider
Feb 03, 2021 21:03 PM- ByteDance Sues WeChat Owner for Blocking Content in Escalating Standoff
- Legal fight between ByteDance and Tencent, China’s two leading social media platforms, comes as government mounts anti-monopoly campaign
Feb 03, 2021 20:04 PM- Liquor Giant Moutai Battles Speculators to Keep Head-Spinning Prices in Check
- World’s most valuable spirits-maker has taken increasingly intense measures to cap bottles of its namesake beverage at $230
Feb 03, 2021 19:48 PM- Housebound Hordes Lift Lenovo to Record Profits, Revenue
- Leading global PC maker reports revenue and profit rose 22% and 53%, respectively, in its latest quarter sparking a rally that pushed its shares to a nearly six-year high
Feb 03, 2021 18:44 PM- Lufax Results Show It Escaped Peer-to-Peer Lending Business Unscathed
- In its maiden quarterly report, wealth management transaction and service fees jumped 20.3% in fourth quarter, partly offset by declining fees from its legacy P2P lending business
Feb 03, 2021 14:42 PM- Update: Alibaba Sales Boom on Back of New Grocery Acquisition
- Despite recent clampdowns, fourth-quarter revenue jumps 37%, fueled by recent purchase of Sun Art
Feb 03, 2021 05:56 AM- Tencent Fires 100 on Graft Allegations Following Internal Probes
- Internet giant’s second anti-corruption report shows 22 cases of embezzlement and bribery and results in blacklisting of 37 companies from partnerships
Feb 02, 2021 20:28 PM- HNA-Backed Hong Kong Airlines in Danger of Getting Wings Clipped
- Local regulator is ‘closely monitoring’ carrier amid mounting concerns over major shareholder HNA Group’s likely restructuring
Feb 02, 2021 20:13 PM- China Hypermarket Leader’s Profits Slide as It Looks to Embrace Group-Buying
- Sun Art moves to make its brick-and-mortar stores more group-buying friendly by putting more small and midsize stores in less developed cities
Feb 02, 2021 19:49 PM- Fast-Fading Huawei Holds Onto Smartphone Crown — in China
- Sanctions-hobbled telecom giant’s shipments plunged 34.5% in last year’s fourth quarter as it fended off challenge from Apple in the world’s largest market
Feb 02, 2021 18:46 PM- Luckin-Tainted Former Car Rental Superstar to Drive Off Hong Kong Exchange
- Car Inc.’s shares more than doubled in the year after their 2014 IPO, but now the company is privatizing after its growth stalled
Feb 02, 2021 05:40 AM- Tesla China Apologizes to China’s State Grid After Charging Accident
- Viral video seems to show a Tesla employ blaming power system for damage to a consumer’s Model 3 electric car, which the State Grid denies
Feb 01, 2021 20:07 PM- Ericsson Sees China as Its Fastest Growing Market Despite Looming Threat of Retaliation
- Huawei’s European rival sees China market growing twice as fast as its U.S. business this year
Feb 01, 2021 19:47 PM- In Depth: Chinese Firms Take U.S. Government to Court to Undo Trump-Era Bans
- Xiaomi joins Chinese peers including Huawei, WeChat and TikTok in filing lawsuits saying actions targeting them are illegal
Jan 30, 2021 20:31 PM- Exclusive: Hundreds of HNA-Linked Companies Expected to Restructure, Sources Say
- A government-appointed working team sees bankruptcy restructuring in the future of as many as 500 companies linked to the once high-flying Chinese conglomerate
Jan 30, 2021 14:13 PM- China’s Market Overseers Will Get Special Funding to Take On Monopolies
- Ministry of Finance has promised to provide provincial-level market watchdogs with money earmarked for antitrust investigation and enforcement
Jan 30, 2021 12:00 PM- Weekend Long Read: Do’s and Don’ts for China’s Tech Self-Sufficiency Dream
- It is imperative for the country to innovate on its own, but it’s also essential to determine which innovations should be driven by the government and which by the market
Jan 30, 2021 06:00 AM- Wanda Sports Group Delisted From Nasdaq
- Parent company pays $100 million in privatization after pandemic disrupts sporting events and hammers American shares
Jan 30, 2021 02:10 AM- HNA Group Moves Toward Bankruptcy Restructuring Under Mountain of Debt
- Working team led by provincial government presses to stabilize the company over the next 2 years and retire debt within 8 years
Jan 29, 2021 21:20 PM- In Depth: Rush to Expand China’s Oil Refining Capacity Raises Specter of Supply Glut
- Domestic demand can’t keep up and the nation’s traditional export markets are growing more competitive
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