Oct 09, 2021 03:44 AM- China Fines Meituan $533 Million to End Antitrust Probe
- Stock gains after end of months-long probe into anti-competitive practices
Oct 09, 2021 03:34 AM- Lenovo Withdraws Listing Application on STAR Market
- No reason given for halt to highly anticipated $1.6 billion share sale by giant PC maker
Oct 08, 2021 20:55 PM- Takeout Giant Meituan Fined $533 Million for Anti-Competitive Behavior
- Market regulator orders the platform operator to return merchant deposits taken under exclusivity agreements that were declared illegal
Oct 08, 2021 20:21 PM- China’s Tourism Spending Over National Day Holiday Stayed Below Pre-Pandemic Level
- Consumers spent 5% less than last year, and two-fifths less than in 2019, according to official data
Oct 08, 2021 19:20 PM- Inner Mongolia Coal Mines Ordered to Boost Production by 55%
- Authorities tell 72 producers to increase annual output amid severe power shortages caused in part by high prices for the fossil fuel
Oct 07, 2021 19:36 PM- Baidu-Backed EV-Maker WM Motor Raises $300 Million Despite String of Setbacks
- Two Hong Kong-listed companies led the loss-making firm’s recent funding round
Oct 07, 2021 03:44 AM- Developer Fantasia Holdings Defaults on $206 Million Note
- Failure to make payment adds to concerns on property sector as Evergrande struggles with liquidity
Oct 06, 2021 20:32 PM- China Fleshes Out Details on Sensitive Data Collection by Firms
- Draft regulations categorize level of national security risk posed by certain types of information, offering much needed guidance amid tightened controls over cross-border data flows
Oct 06, 2021 20:25 PM- China War Epic Blasts Holiday Box Office Back to Near Pre-Pandemic Levels
- ‘The Battle at Lake Changjin’ snares more than 70% of holiday ticket sales after sluggish start
Oct 05, 2021 20:00 PM- Hopson Development Plans to Buy Stake in Evergrande’s Property Management Unit
- The deal, which could value the property services division at $5.1 billion, is part of efforts by the debt-riddled Chinese developer to improve its cash position
Oct 04, 2021 14:15 PM- In Depth: As Southeast Asia Racks Up Oil and Gas Deals, China Sits on the Sidelines
- Issues such as the transition to clean energy and tensions between Beijing and Washington have made once active Chinese SOEs wary of buying assets abroad
Oct 01, 2021 20:18 PM- Cost of Shipping Between China and U.S. Plunges
- After hitting record highs in early September, the looming off-season and power crunch have forced prices down by as much as half
Oct 01, 2021 20:04 PM- In Depth: China’s Booming Medical Beauty Industry Braces for State Makeover
- New policy guideline signals regulator’s intent to tighten oversight of a sector riddled with malpractice
Sep 30, 2021 22:04 PM- Regional China Utilities Get Nod to Raise Prices in Hope of Easing Outages
- Coal-fired plants in some areas including Shanghai and Guangdong cleared to hike electricity rates by 10% as forced factory shutdowns threaten to dent GDP growth
Sep 30, 2021 21:16 PM- In Depth: Who Gets What in HNA’s Complex Bankruptcy Restructuring
- Working group picks a little-known steelmaker to rescue the conglomerate’s flagship airline
Sep 30, 2021 19:21 PM- China Proposes Three-Year Plan to Regulate Algorithms
- Nine government agencies aim to set up a governance mechanism, build a monitoring system to detect security risks, and ensure the ‘fair and transparent’ use of algorithms
Sep 30, 2021 16:11 PM- Hong Kong Firms Start Flagging China Risks in U.S. Filings
- Even companies with little to no presence on the mainland are warning investors that Beijing’s wide-ranging crackdown might hurt their business
Sep 30, 2021 04:41 AM- CATL Acquires Canadian Lithium Miner in $297 Million Deal
- Chinese EV battery giant boosts access to high-grade lithium supplies through purchase of Canada’s Millennial Lithium Corp.; CATL outbids archrival Ganfeng Lithium
Sep 29, 2021 21:59 PM- In Depth: Evergrande Auto Races to Convince Investors It Can Make a Car
- The electric-car maker is scrambling to find new investors as funds to mass produce its first Hengchi model dry up
Sep 29, 2021 21:38 PM- China’s Top Two Fertilizer Firms Fined for Price Gouging
- Sinofert and Qinghai Salt Lake wrapped on the knuckles to the tune of 4.2 million yuan as prices of crop nutrients skyrocket
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