Oct 18, 2019 19:55 PM- Tencent-Backed E-Book Unit Raises $100 Million in Funding Round
- Midu is among new cohort of Chinese e-book providers luring audiences with free content
Oct 18, 2019 05:32 AM- Exclusive: State Shipbuilding Giant CMIH Invites Investors in Search for Listing
- China Merchants unit launches mixed-ownership restructuring to strengthen finances in the face of a toughening market environment, sources say
Oct 18, 2019 03:08 AM- HNA Stymied in Attempt to Sell Stake in $8.5 Billion Plane Lessor
- Japan’s Orix demurs on buying the 70% of Avolon that it doesn’t already own as Chinese group continues unwinding global buying spree
Oct 17, 2019 21:34 PM- Angry Homeowners Demand Refunds After Developer Slashes Prices
- Protest targeting Evergrande poses evidence of weaker housing market in small cities
Oct 17, 2019 21:13 PM- E-Commerce Platform in Crisis After Spending $225 Million in Merchants’ Cash
- Taojiji’s CEO has offered the angry vendors equity in the company that just fleeced them
Oct 17, 2019 20:55 PM- After Coming Under Fire in U.S., TikTok Hires Local Law Firm for Policy Advice
- Short video app’s new advisory team from law firm of K&L Gates includes two former congressmen
Oct 17, 2019 20:47 PM- Chinese Scooter-Maker Riding High As Profits Surge on U.S. Market Growth
- HL Corp., hammered last year when China’s bike-share bubble burst, has seen its fate turn on the growing popularity of electric-scooter sharing in the West
Oct 17, 2019 05:30 AM- China Beats U.S. 8-1 When It Comes to Charging Electric Cars
- Accelerated rollout of stations for juicing up EVs supports ambitious goals for electrifying the vehicle fleet
Oct 16, 2019 20:32 PM- Budget Smartphone-Maker Realme Shifts Up-Market
- After success in India, Oppo subsidiary signals bold return to China with priciest handset yet
Oct 16, 2019 20:13 PM- ByteDance Deepens Education Push With Study Buddy Machine
- The company’s previous attempts to step into competitive sector have proved lackluster
Oct 15, 2019 19:17 PM- China’s Fast-Growing Cloud Computing Sector Still Lags: Report
- Industry grew by over one-third last year, but most companies are still not using the technologies
Oct 15, 2019 18:50 PM- Weather Forecaster Moji’s Listing Plan Rejected
- Regulator concerned about app operator's data security and low-revenue business model
Oct 14, 2019 20:26 PM- Authorities Reiterate Plan to Scrap Hydrogen Car Subsidies
- SAIC Motor head Chen Hong had lobbied against the move, which will see carmakers miss out on subsidies of up to 500,000 yuan per vehicle
Oct 14, 2019 20:01 PM- Automation Specialist Gets Turbocharge From Campaign to Eliminate Toll Booths
- Shares of Genvict Technologies soar after company says its third-quarter profit rose more than 200-fold
Oct 14, 2019 11:51 AM- Historic Slump in China Car Market Continues as Sales Drop 6.6%
- September marks 15th monthly sales decline in last 16 months, extending worst performance in a generation
Oct 12, 2019 02:31 AM- LNG Shipping Costs Soar as U.S. Sanctions on COSCO Bite
- Shipping costs worldwide for liquefied natural gas doubled in a month as U.S. sanctions on Chinese giant COSCO reduce transport capacity
Oct 11, 2019 20:50 PM- CK Asset Sells Dalian Housing Project to Sunac China for Over $560 Million
- Developer set up by Hong Kong billionaire Li Ka-shing offloads property to asset hungry Sun Hongbin’s company
Oct 11, 2019 20:29 PM- Kuwait Plows $200 Million Into China’s High-Speed Rail Network
- Middle Eastern country becomes first foreign entity to invest in state-of-the-art system
Oct 11, 2019 10:58 AM- Pig Disease Drives China’s Imports of U.S. Pork to Highest Ever
- Imports soared to 142,200 metric tons in week ended Oct. 3, versus 19,900 tons for all of September
Oct 10, 2019 19:13 PM- Patriotic Movies Break ‘Golden Week’ Box Office Records
- Films celebrating country’s 70th anniversary help industry buck downward trend with $619 million in ticket sales
Oct 10, 2019 12:30 PM- Iamgold Sale Stalls as Chinese Bidders’ Talks Fail
- Discussions stumbled over price as well as concerns related to ongoing Sino-Canada tensions
Oct 09, 2019 20:05 PM- AVIC Set to Take Hong Kong Electronics Subsidiary Private After $380 Million Buyout Deal
- Delisting by state-owned conglomerate will replace major shareholder of four Chinese mainland companies
Oct 09, 2019 19:31 PM- Two Steel Makers in New State-Assisted Fundraising
- Guangxi Iron and Steel to raise $728 million, while Inner Mongolia Baotou Steel Union is seeking an unspecified amount
Oct 09, 2019 03:12 AM- NBA Caught in Crossfire Amid Fury Over Tweet by Rockets GM
- CCTV, Tencent suspend broadcasts as milk and coffee chains distance themselves from American basketball league, also under fire in U.S.
Oct 09, 2019 02:15 AM- Exclusive: Document Confirms Death of UCF Holdings Founder
- Troubled conglomerate’s Zhang Zhenxin died Sept. 18 in U.K. of multiple organ failures, according to official death registration
Oct 08, 2019 21:23 PM- Singapore’s Grab Recruits China Partners in Bid for ‘Super App’ Status
- The startup, which has rapidly expanded in Southeast Asia, will double down on its successful takeout business
Oct 08, 2019 21:04 PM- Chinese Companies Protest Inclusion in U.S. Export Blacklist
- Eight Chinese companies and a variety of government bodies have been effectively barred from buying American products and services
Oct 08, 2019 20:31 PM- In Depth: China’s Electronics-Makers Open New Front in the Living Room
- Big-name companies like Huawei and Xiaomi are debuting new, internet-connected TVs that they hope will become the center of the ‘smart home’
Oct 08, 2019 06:41 AM- Volvo and Chinese Parent Geely to Merge Combustion Engine Units
- Combination would free up resources for electric-car push by giving new venture scale for lowering materials costs
Oct 08, 2019 03:10 AM- Huawei Sues Rival Chinese Phone Maker in Infringement Case
- Shenzhen Transsion Holdings says suit seeks $2.8 million in damages for alleged use of copyrighted Huawei wallpaper design
Oct 04, 2019 23:01 PM- China Yangtze Power to Extend Reach in South America With Sempra Energy Deal
- Tie-up would be largest overseas acquisition deal by a Chinese firm so far this year if approved by Peruvian antitrust authorities
Oct 04, 2019 05:08 AM- Nio Stages Market-Defying Rebound Despite Negative Fundamentals
- China’s Tesla rival still faces prospect of widening losses on shrinking electric-vehicle sales after recalls, loss of subsidies
Oct 03, 2019 02:36 AM- NetEase’s Youdao Unit Files for $300 Million IPO in New York
- Online education company’s listing faces headwinds in a volatile IPO market just as Trump considers delisting Chinese companies in U.S.
Oct 01, 2019 06:41 AM- Chinese TechCrunch Rival 36Kr Holdings Files for U.S. IPO
- Website that tracks startup fundraising would float shares in the face of headwinds in IPO market as Trump considers delisting Chinese companies
Sep 30, 2019 19:40 PM- Huawei Sues Transsion for Intellectual Property Theft: Source
- Africa-focused handset-maker has generally sidestepped such cases in past
Sep 30, 2019 19:29 PM- China Mobile Head Li Yue Retires at 60
- Executive director and CEO of China’s largest mobile carrier departs after nine years at the helm
Sep 28, 2019 03:13 AM- HNA Unit Sells Stake in Xi’an Retailer CCOOP
- Transaction estimated at $92.7 million continues fire sale as conglomerate unloads assets to shrink huge debt overhang
Sep 27, 2019 21:01 PM- Hong Kong Takes Back 168 Acres of Private Land for Public Housing
- Real estate tycoon Lee Shau-kee’s Henderson Land Development owns one-seventh of land seized in first phase of plan to build 71,800 public housing units
Sep 27, 2019 20:30 PM- National Day Provides Small Boost for Troubled Film Industry
- Three nationalistic flicks timed for upcoming anniversary report strong presales, buoying shares of their studios slightly
Sep 27, 2019 03:00 AM- Huawei Founder Dangles 5G Secrets to Create an American Rival
- So far no taker has emerged as Ren Zhengfei pursues strategy aimed at erasing cloud of suspicion that company spies for China
Sep 26, 2019 22:50 PM- Exclusive: Local Governments Lurk Behind Chery Automobile’s Two Bidders
- The governments of a city in Zhejiang and a district in Qingdao have fronted the majority of the money for the firms vying for a controlling stake in the struggling automaker
Sep 26, 2019 19:58 PM- Nearly Half of China’s Car Dealerships Lost Money in the First Six Months: Report
- Study by online auto services platform Lechebang says 44% were unprofitable from January to June as downturn hit
Sep 26, 2019 05:36 AM- Huawei Partnership With U.K. Chip Designer ARM Unaffected
- Review of technologies and products finds that ‘long-term’ partnership can continue despite American blacklisting
Sep 25, 2019 20:41 PM- Beijing’s Giant New Airport Officially Opens
- Daxing International Airport was built to take some of the pressure off Beijing’s other major international airport, which sees far more passengers
Sep 25, 2019 20:00 PM- Deadly Pig Disease Has Cost China More Than $140 Billion: Professor
- Colossal cost estimate of swine fever, which has ravaged hog stocks for more than a year, does not take into account losses up and down the supply chain, expert says
Sep 25, 2019 19:36 PM- Update: Qualcomm Continues Sale of Products Exempted From Huawei Ban
- Qualcomm has applied for government permission to make sales over the longer term
Sep 25, 2019 14:39 PM- Now Even China's Unicorns Are Having Trouble Raising Cash
- ‘The speculative investment mentality that’s dominated China for the past few years has cooled right off this year,’ an analyst said
Sep 25, 2019 06:04 AM- China’s Tesla Rival Nio Tumbles on Widening Losses
- Shares lose as much as 25% in New York after second-quarter loss of $462 million misses analysts’ projections
Sep 25, 2019 05:53 AM- Alibaba Closes Deal to Buy a Third of Ant Financial
- Long-awaited transaction expected to set the stage for IPO of financial services behemoth valued at $150 billion
Sep 25, 2019 02:54 AM- Pinduoduo to Borrow as Much as $1 Billion in Convertible Debt
- Stock slides as money-losing, deep-discounting e-commerce giant discloses plan to support business operations, R&D, technology infrastructure
Sep 24, 2019 19:40 PM- Metals-Turned-Movie-Maker Collapses Amid Film Industry Downturn
- Producer behind smash hit ‘Dying to Survive’ fails to do so as local court declares it bankrupt
Sep 24, 2019 16:40 PM- Exclusive: Airbnb Gives Freer Hand to China Team
- Strategy by homestay specialist mirrors that of many multinationals, as it gets set for a listing next year
Sep 23, 2019 20:19 PM- North-South Coal Project Gets Injection From State Rail Unit
- Daqin Railway will pump 4 billion yuan into the Mengxi-Huazhong Railway after two other investors failed to make payments
Sep 23, 2019 06:12 AM- In Depth: The Fight for Dominance in China’s Mobile Payment Market
- Central bank proposes unified QR code system that may threaten duopoly of Alibaba and Tencent while benefiting consumers and merchants
Sep 20, 2019 19:52 PM- Squeezed by Huawei, Oppo Shifts Focus Overseas
- Company’s domestic sales dropped by almost one-fifth in second quarter, but executive says international growth will continue
Sep 20, 2019 19:19 PM- Seeking Outside Investors for High-Tech Project, State Grid Settles for State Entity
- Plan to bring private money into nation’s ultra-high-voltage grid drew lukewarm response due to high cost, low returns
Sep 19, 2019 20:33 PM- Pop Singer Jay Chou’s New Song Gets Purchased More Than 8 Million Times in Two Days
- Surge shows the potential for the online music sales in China
Sep 19, 2019 19:01 PM- Former Fonterra-Backed Dairy Superstar Rapped for Name Change
- Securities regulator demands answers after Beingmate votes to drop infant formula references from name
Sep 19, 2019 05:11 AM- Embattled Hanergy Sued for Unpaid $10 Million on Luxury Jet Lease
- Gulfstream G550, status symbol for Chinese billionaires, becomes focus of long-running legal dispute after leasing company repossessed it
Sep 19, 2019 05:00 AM- China’s Huawei Woos Tech World With $1.5 Billion and 5G Secrets
- Giant sanctioned by Trump administration ramps up investment in developer program to create alternatives to U.S. technologies
Sep 18, 2019 20:48 PM- Inspection of Apps Finds Hundreds of Privacy Violations
- Shanghai government says its probe into around 100 apps uncovered 250 violations of app privacy guidelines
Sep 18, 2019 20:37 PM- Chinese Refiners Shaken by Saudi Arabian Oilfield Attacks
- Kingdom is China’s largest supplier of crude, with imports jumping in the wake of U.S. sanctions on Iran
Sep 18, 2019 02:40 AM- AB InBev to Seek Up to $4.85 Billion in Asian Unit IPO
- Brewer’s revived flotation will be second-largest this year after Uber and push Hong Kong past Shanghai in first-time share sales
Sep 18, 2019 02:17 AM- Exclusive: Embattled Chinese Vaccine-Maker One Step Away From Delisting
- Changsheng Bio-technology may be dropped from Shenzhen exchange and may be unable to pay $1.3 billion regulatory fine
Sep 17, 2019 20:23 PM- Money-Losing Battery-Maker Seeks Tech Board IPO
- Farasis Energy would offer 214.1 million shares to raise capital as new-energy vehicle subsidies come to an end
Sep 16, 2019 19:43 PM- Tencent Announces Buyout Plan for New York-Listed Car Site
- Tech titan and private equity partner would pay $16 per share for Bitauto, a 7% premium, in move that fits Tencent's growing auto ambitions
Sep 16, 2019 19:08 PM- Swiss Robot-Maker Sees Promise in China, Despite Recent Sluggish Demand
- ABB breaks ground on $150 million factory in Shanghai, with a designated annual production capacity of 100,000 robots
Sep 16, 2019 18:35 PM- Steel Giant in Polluted Hebei to Relocate Older Operations
- Hansteel’s move is part of China’s broader drive to improve nation’s air by closing older facilities
Sep 16, 2019 07:03 AM- In Depth: Is China’s Animation Industry Ready to Take Off?
- As ‘Ne Zha’ sets box-office records amid online animation boom, film makers call it only a start toward sustainable entertainment success
Sep 14, 2019 21:42 PM- Shanghai Disneyland Bows to Law Student Complaint in Waiving Food Ban
- Law Student’s complaint about seized snacks, intrusive bag search went viral on Chinese social media, forcing Disney to change its policy
Sep 13, 2019 04:03 AM- JD.com Fintech Arm Launches Digital Wallet App in Thailand
- Chinese internet financial services giants make Thailand the next battleground as they expand into Southeast Asia
Sep 13, 2019 03:02 AM- Iron Ore Glory Days Seen Numbered as China Demand Eases
- China’s consumption decline over the next five years will contribute to 40% iron price drop, Citigroup projects
Sep 12, 2019 21:02 PM- Cathay Pacific Passenger Numbers Plunge Amid Hong Kong Protest Turbulence
- Airline’s peak summer month travel numbers down 11.3% in largest fall since mid-2009
Sep 12, 2019 20:49 PM- World’s Biggest Brewer Restarts Hong Kong IPO for Its Asia Unit
- AB InBev resumes process for listing a minority stake of its now-smaller Asia Pacific business
Sep 12, 2019 20:34 PM- Next Year Will Be Key for Robotaxi Industry, Startup Says
- WeRide says it will have stiff competition for its autonomous cab services as more companies roll out pilot programs in 2020
Sep 12, 2019 20:07 PM- ‘Tesla of China’ Sputters a Year After IPO
- Sales for Nio have dropped sharply since start of 2019, hit by slumping market and safety concerns
Sep 12, 2019 15:53 PM- China’s First Dedicated International Data Link Strengthens Ties With Singapore
- Twelve companies including tech giant Tencent have signed on as the first customers
Sep 12, 2019 14:56 PM- Boeing Warns U.S.-China Spat Raises New Risk for 787 Dreamliner
- The sparring between the two economic superpowers has injected new uncertainty into Boeing’s wide-body production and deliveries
Sep 12, 2019 05:27 AM- Huawei to Raise $844 Million in First On-Shore Bond Sales
- Though analysts say tech giant doesn’t need the cash, management earmarks borrowing for working capital and business development
Sep 11, 2019 20:31 PM- Private Tutoring Firm Opens First Center Overseas Amid Sluggish China Demand
- TAL Education hopes to tap into the surging number of Chinese students studying in U.S.
Sep 11, 2019 16:02 PM- Q&A: Caixin Editor-in-Chief Explains China’s Most Pressing Business Issues
- Wang Shuo offers his take on the country’s digital economy, its financial and social credit systems and its relationship with the U.S.
Sep 11, 2019 06:13 AM- Alibaba Begins a New Era After Jack Ma’s Retirement
- China’s richest man leaves world’s biggest internet company in hands of CEO Daniel Zhang but retains a lifetime role
Sep 10, 2019 20:39 PM- Shanghai Unveils Assessment Regime for Bike-Sharing Behavior
- Badly-behaved firms will have to take some of their bikes off the city’s streets, or can even be kicked off the market
Sep 10, 2019 20:13 PM- Baidu Buys Into Tech Investment Firm to Boost AI Push
- Embattled Chinese tech company will invest $200 million in Neusoft Holdings to develop smart projects involving urban management, health care and education
Sep 10, 2019 19:31 PM- Ctrip.com Boosts Global Drive With Name Change to Trip.com
- After dominating at home, leading online travel agent embarks on long haul to beef up its money-losing overseas business
Sep 10, 2019 05:36 AM- China Unicom, China Telecom Link Up on 5G Construction
- Collaboration under spending pressure could save billions of dollars for state-owned telecom companies
Sep 09, 2019 18:41 PM- Shoemaker Belle Goes Back to Market to Raise $1 Billion for Sports Unit
- Hong Kong listing for Topsports International would come two years after privatization of its troubled parent
Sep 09, 2019 18:04 PM- Two of Shanghai’s Top Three Airlines Tie-Up to Create Regional Juggernaut
- Strategic alliance between China Eastern and Juneyao Airlines will control nearly 60% of the market in nation’s financial hub
Sep 07, 2019 19:27 PM- Russian $21 Billion Arctic LNG 2 Project Gets Investment Go-Ahead
- Part of project’s 19.8 million metric ton capacity earmarked to supply soaring China demand in the next decade
Sep 07, 2019 04:14 AM- Huawei Eyes ProtonMail as It Searches for Gmail Alternative
- Swiss company’s encrypted email service could come preloaded on Huawei phones or be offered via AppGallery store
Sep 06, 2019 20:42 PM- Shanghai Costco Cools Down After Frenzied Opening
- Store opening made headlines around the world, but can the hype produce a loyal customer base?
Sep 06, 2019 20:25 PM- Alibaba Buys Rival E-Commerce Platform NetEase Kaola for $2 Billion
- Purchase could better position China’s largest online retailer to confront threat of Tencent-backed Pinduoduo
Sep 06, 2019 20:09 PM- Canada's New Ambassador to Face Diplomatic Test in China
- Former McKinsey executive with strong China ties steps into job months after his predecessor was sacked over Huawei comments
Sep 06, 2019 14:05 PM- Li Ka-shing's Port Trust Booted From Key Index Amid Trade Tensions
- Hutchison Port Holdings Trust will be removed from Singapore’s Straits Times Index after a dramatic fall in its market value
Sep 06, 2019 05:30 AM- AI Upstart SenseTime’s Valuation Passes $7.5 Billion, CEO Says
- Company is in no rush to go public as backers supply plenty of funds for development of AI computing chips
Sep 05, 2019 20:54 PM- Shanghai Threatens Didi With App Removal as Ride-Hailing Violations Mount
- Local transportation commission makes the threat after slapping the company with yet another fine
Sep 05, 2019 20:26 PM- After Barren 2018, Game Publishers’ Revenue Shows Signs of Recovery
- Though regulators ended their freeze on new game releases in December, the industry has not fully bounced back
Sep 05, 2019 03:22 AM- Impossible Foods Eyes Chinese Dining Table for Faux Meats
- Li Ka-shing-backed American venture is in early talks with Yunnan for production in China, Caixin learned
Sep 04, 2019 20:25 PM- In Depth: Evergrande’s Electric Car Ambitions Hit Speed Bumps
- Sectorwide headwinds, a costly soured deal and an acquisition-led approach all pose challenges to real estate giant
Sep 04, 2019 20:20 PM- Alibaba Cuts Stake in Top Production Studio That Cozied Up to Tencent
- Venture capital firm affiliated with tech giant will sell more than one-fifth of its stake in Enlight Media, which released record-breaking movie ‘Nezha’
Sep 04, 2019 19:58 PM- Embattled Entrepreneur Relinquishes CEO Job at Faraday Future
- Jia Yueting becomes ‘chief product and user officer’ at electric-car startup, sets up debt repayment trust
Sep 04, 2019 19:08 PM- Four Years After Rollout of Tough New Rules, Tobacco Ads Still Light Up Cigarette Shops
- Survey finds that nearly two-thirds of stores selling tobacco display related promotional materials
Sep 04, 2019 05:42 AM- China Huaneng Group Plans to Acquire and Delist HK-Listed Unit
- Wind power subsidiary jumps almost 22% as analysts say delisting moves for mainland companies usually reflect undervaluation
Sep 03, 2019 20:08 PM- Race to Become Gree’s Largest Shareholder Narrows to Two
- Hillhouse Capital and Hopu Investment Management both paid an eye-watering 6.3 billion yuan to be in the running to buy a 15% stake from Gree’s government-backed parent
Sep 03, 2019 20:02 PM- Recent Stresses Could Push Hong Kong Home Prices, Retail Sales Down Up to 30%: JPMorgan
- Investment bank says rents for premium office space could fall by even larger 40% in worst-case scenario
Sep 02, 2019 21:19 PM- ‘Deepfake’ App That Puts Your Face in the Movies Sparks Privacy Concerns
- Zao removes clause from user agreement that says it has the right to use any image or video created on the platform for free, globally
Sep 02, 2019 21:03 PM- CNOOC Head Moves to SinoChem to Smooth State-Owned Energy Merger
- Yang Hua will oversee merger with ChemChina and could help steer its listing of Swiss pesticide-maker Syngenta
Sep 02, 2019 20:40 PM- Tech Entrepreneur JP Gan Raises $163 Million for New Fund
- Former managing partner at Qiming Venture Partners struck out on his own in July and will focus on early-stage tech investments
Sep 02, 2019 19:33 PM- Chinese Regional Jet Gets Boost from Big Three State Airlines
- Air China, China Eastern and China Southern order 105 regional jets from state-owned COMAC
Aug 30, 2019 20:34 PM- Real Estate Giant Evergrande’s Half-Year Profits Sliced in Half
- Nation’s third-largest real estate firm blames 25% reduction in delivered property area for plunging revenue and profits
Aug 30, 2019 20:02 PM- Sunny Skies Overseas Boost Chinese Solar-Panel Makers
- Strong demand from foreign solar farm builders boosts sector’s profits despite weakness at home
Aug 30, 2019 19:57 PM- In Depth: After Conquering the Bargain Basement, Pinduoduo Sets Sights on Big Cities
- E-commerce up-and-comer’s shares surge 30% after latest results as it creeps up on giants Alibaba, JD.com
Aug 30, 2019 04:18 AM- When Elon Met Jack: Musings on AI, Mars and the End of Civilization
- Billionaire tech luminaries debate the future, disagreeing on AI and Mars but agreeing they are ‘pro-Earth’
Aug 29, 2019 21:23 PM- Risks Mount for Chinese AI Firm as It Heads for IPO
- Megvii faces uncertainties including the possibility of a U.S. blacklisting
Aug 29, 2019 19:47 PM- Tianma Gets Government Boost for High-Tech Flexible Display Plant
- Company will raise $1 billion for project through new share issue, with a local government-backed fund contributing
Aug 29, 2019 19:42 PM- Enlight Media’s Profits Fade Out on China’s Movie Industry Slowdown
- Shenzhen-listed film studio suffers 95% plunge in earnings for first half of this year
Aug 29, 2019 04:29 AM- Will Chinese Shoppers’ Frenzy Turn Into Lasting Costco Success?
- As U.S. discount giant limits entries to Shanghai store, industry wonders whether contrarian strategy will translate in China
Aug 29, 2019 02:29 AM- ‘American Factory’ First-Half Profit Grows 16.4% to $21 Million
- Fuyao Glass America in Ohio, subject of Obama documentary, records jump in revenue in third year after conversion of abandoned GM site
Aug 28, 2019 20:23 PM- State-Backed Chipmaker to Build ‘Strategically Important’ Plant in Southwest China
- Tsinghua Unigroup has signed a deal with the Chongqing municipal government to build a facility to design and manufacture memory chips in the southwestern city
Aug 28, 2019 19:17 PM- China Boosts Pressure on Cities to Ease Car Ownership Restrictions
- Latest call from State Council comes as the domestic car market heads into second year of contraction
Aug 27, 2019 20:31 PM- Property Developer’s $377 Million Insurance Investment Bid Collapses
- Greentown’s plan to buy 11.6% of Aeon insurance gets scrapped after failing to win regulatory approval
Aug 27, 2019 19:35 PM- Tech-Focused Investment Bank Back in the Black
- China Renaissance's first half report reveals $26 million profit, after booking major losses last year
Aug 26, 2019 20:00 PM- Electric Battery-Maker’s Profits Surge as Subsidy Cuts Loom
- CATL made $290 million in the first half, but the good times may not last
Aug 26, 2019 19:54 PM- Douyin’s Short-Video Creators Get More Audience-Targeting Tools
- Users of popular platform will be able to choose their viewers more carefully — and access more user information
Aug 26, 2019 19:22 PM- Ford’s Would-Be EV Partner Caught Up in China Auto Slump
- A major shareholder of Zotye Auto is forced to relinquish shares after company fails to meet profit targets
Aug 23, 2019 21:12 PM- Major Developer Probably Won’t Buy Any Land Until 2020
- R&F chairman says firm will take ‘more conservative’ approach as authorities tighten flow of cash
Aug 23, 2019 21:06 PM- Starbucks Challenger Luckin Hopes Merch Might Be a Money-Maker
- Company adds mugs to its offerings, and shoes, bags and watches could follow
Aug 23, 2019 19:57 PM- China to Import More Than Half of Natural Gas Needs by 2035: Report
- Nation’s top energy producer says China will require 610 billion cubic meters of the cleaner-burning fuel annually by 2035
Aug 23, 2019 05:02 AM- Developers Prepare for Winter as Tightening Control Is Expected to Continue
- Sunac China Holdings sees government restrictions becoming ‘normalized’ and cuts back on land buying
Aug 22, 2019 20:52 PM- Carmakers Post Downbeat Forecasts as Policy Changes Begin to Bite
- Geely and BYD make very different cars, but both are bearish on the future of the market, particularly amid changes to emissions and subsidy policies
Aug 22, 2019 20:48 PM- China’s Industrial Robot Market Shrinks for First Time in 2018
- After years of breakneck growth, domestic industry contracts amid sluggish growth in downstream segments like cars and electronics
Aug 22, 2019 20:28 PM- China to Launch Pilot Programs in Bid to Phase Out Gas Guzzlers
- Plans include helping cities promote pure-electric public vehicles and establishing zones where fossil-fuel vehicles are forbidden
Aug 21, 2019 20:35 PM- China Reshuffles Medical Reimbursement List, Adding New Drugs
- Beijing has added 148 drugs to the catalog of those funded by government-backed insurance and removed 150
Aug 21, 2019 20:10 PM- Xiaomi Shares Sink After Second-Quarter Results Fall Short
- Smartphone-maker touts ‘consensus-beating’ adjusted net profit, though investors were unimpressed
Aug 21, 2019 19:59 PM- In Depth: How Internet Celebrities Changed China E-Commerce
- Online personalities try to imitate success of ‘lipstick queen’ Li Jiaqi, but the field is growing increasingly crowded
Aug 21, 2019 09:36 AM- Exclusive: Former JD.com Employee Detained in Camsing Fraud Case
- Procurement executive in unit selling electronics may have played a role in financing fraud under police investigation
Aug 21, 2019 09:22 AM- Huarong Unit Plunges 60% in Sudden Hong Kong Sell-Off
- Cornerstone Securities, largest broker of Huarong International Financial, dumped 13.7 million shares in afternoon session
Aug 21, 2019 08:45 AM- Huawei Founder Sees ‘Live or Die Moment’ in U.S. Pressure
- Ren Zhengfei tells underemployed workers to form ‘commando squads’ and explore new projects, or face pay cuts and termination
Aug 21, 2019 08:38 AM- China’s Ride-Hailing Growth to Slow to 5% in 2019, Bain Says
- Consulting firm scales back projected size of industry but sees path to profits in electric and autonomous-driving cars
Aug 20, 2019 20:07 PM- Huawei Says Second Reprieve From U.S. Blacklist Won’t Have ‘Substantial Impact’
- Company says the 90-day delay ‘does not change the fact that Huawei has been treated unjustly’
Aug 20, 2019 19:20 PM- A Year After IPO, Meituan Works to Unify Its Message
- Online-to-offline services giant takes a cautious tack as it seeks elusive profits
Aug 20, 2019 04:41 AM- Exclusive: JD.com Online Grocery Unit in Talks for U.S. Listing Next Year
- Nasdaq IPO may raise $500 million to $1 billion to bolster expansion of Dada-JD Daojia in white-hot online grocery market
Aug 19, 2019 20:27 PM- Alibaba-Backed Streaming Site’s Period Drama Gamble Pays Off
- Creator of “The Longest Day in Chang’an” tells Caixin the show has justified the half-billion yuan Youku paid for exclusive distribution rights by turning a profit
Aug 19, 2019 20:18 PM- Industry Experts Debate When 5G Will Hit 1 Billion Users in China
- It took 11 years for 2G technology to reach the milestone. How long will it take 5G?
Aug 19, 2019 19:33 PM- FedEx Caught in Crossfire of U.S.-China Trade War — Again
- Delivery giant under fire after gun allegedly found in package being shipped from U.S. to Fujian province
Aug 19, 2019 19:28 PM- Former Steel Boss Expelled From Communist Party
- Zhao Mingyuan was a top leader at Dongbei Special Steel, which was exposed for major accounting fraud
Aug 16, 2019 20:57 PM- Infant-Milk Maker’s Shares Recover on Short-Seller Retort
- Shares of Ausnutria Dairy close up 13.9% on Friday after it denies claims by Blue Orca that it inflated earnings
Aug 16, 2019 20:04 PM- As Rivals Flee China, Walmart Rings Up 4.7% Sales Growth
- U.S. retailing giant’s quarterly performance in China far outpaces 1.1% sales decline for its international operations
Aug 16, 2019 19:34 PM- Head of China’s Largest Private Shipbuilder Assists in Corruption Probe
- Yangzijiang clarifies its Chairman Ren Yuanlin has taken leave of absence, after company’s stock price plunges
Aug 16, 2019 05:32 AM- Exclusive: Alibaba to Buy Kaola Unit From NetEase for $2 Billion
- Acquisition of cross-border e-commerce unit will represent further consolidation in China’s online retailing sector
Aug 16, 2019 03:17 AM- Syngenta Is Said to Start Work on World's Biggest Chemical IPO
- Listing by ChemChina, which acquired Swiss pesticide giant for $43 billion, could come as soon as mid-2020, sources say
Aug 15, 2019 20:09 PM- Despite Top Planner’s Order, It Is ‘Unrealistic’ for Beijing to Drop New-Energy Car Plate Quota
- Capital is unwilling to lose tool in its fight against bad traffic, source close to local government says
Aug 15, 2019 19:50 PM- Markets Cheer Beijing’s Call for Carriers to Team Up on 5G
- Shares of China Unicom rally 11% after chairman confirms it’s talking with peers on new network sharing
Aug 15, 2019 19:45 PM- Macau Casino Operator Galaxy Reports 7% Profit Drop
- Region as a whole saw gambling revenue drop 0.5% in first half
Aug 14, 2019 19:47 PM- Box Office Bomb ‘Shanghai Fortress’ Dims China’s Sci-Fi Dreams
- Big-budget flick has earned less than $17 million in its first five days in theaters as director apologizes
Aug 14, 2019 19:07 PM- China Steelmakers Cut Output as Prices Sag
- Producers throughout China curb production as demand drops after strong first half of the year
Aug 14, 2019 05:11 AM- Tech Suppliers Move Out of China Amid ‘Painful’ Trade War
- Inventec to shift America-bound laptop production to Taiwan as electronics industry exodus expands
Aug 13, 2019 18:55 PM- Bidding Begins for 15% Stake in Chinese Air Conditioner Giant
- Gree Electric’s shares will be priced at no less than 44.17 yuan, making the deal worth at least 39.9 billion yuan
Aug 13, 2019 17:00 PM- New-Energy Vehicle Sales Go Into Reverse
- Sector contracts by 4.7% in July as Beijing phases out subsidies to encourage self-sufficiency
Aug 13, 2019 05:35 AM- ‘Chinese Quora’ Zhihu Completes $434 Million Fundraising
- New funds from investors including Baidu and Beijing Kuaishou Technology jump company’s valuation to $3.5 billion
Aug 12, 2019 20:02 PM- Smart TVs Serve as Launchpad for Huawei’s Self-Developed Operating System
- Telecom giant announces it’s getting into the ultra-competitive smart TV market with two models running HarmonyOS
Aug 12, 2019 19:56 PM- In Depth: Baidu Plays Catch Up on Mobile With Super App
- Still reeling after rising Chinese handset-makers locked it out of app distribution, the company is pinning its hopes on Baidu App, which apes many functions of WeChat
Aug 10, 2019 17:51 PM- Tsinghua University Group Abandons Plan to Sell Stake in Domestic Chipmaker
- Tsinghua abandons sale of Unigroup stake due to “changes in the external market environment.”
Aug 10, 2019 06:12 AM- Exclusive: China’s State Grid Mulls Divesting Equipment-Making Units
- Sale of manufacturers could resume momentum in a long-stalled overhaul of the national power industry but faces challenges
Aug 09, 2019 20:39 PM- Moutai Liquor Ups Retail Quotas to Bypass Baijiu Barons
- Dealers instructed to send at least 60% of premium grain alcohol they receive this year straight to retail as company publishes new anti-hording rules
Aug 09, 2019 20:28 PM- Huawei Unveils Self-Developed, Sanctions-Proof Operating System
- HarmonyOS, which can be deployed across multiple devices, signals company’s plan to wean itself off Google’s Android software it fears could be targeted in U.S.-China trade war
Aug 09, 2019 18:14 PM- China Mobile Talks 5G Tie-Up With National Cable TV Operator
- Chairman Yang Jie confirms talks with China Network Broadcasting, adding there’s nothing concrete to report yet
Aug 09, 2019 10:50 AM- China Targets Philippines in Crackdown on Offshore Gambling
- China’s Manila embassy issues statement warning that its citizens are being targeted by casinos in the Southeast Asian nation
Aug 08, 2019 19:09 PM- Lagging Sales Force Game Studios to Shoot for Overseas High Score
- Report released by industry association shows sales in international grew faster than in home market last year
Aug 08, 2019 18:59 PM- Big Battery-Maker's Market Share Surges as Bus-Makers Race to Place Orders
- Shenzhen-listed CATL’s orders for electric bus batteries up as much as 352% as companies forge deals ahead of massive August subsidy cut
Aug 08, 2019 04:24 AM- Dongfeng Motor Is Said to Weigh Options for Peugeot Stake
- State-owned automaker considers how to monetize its $2.5 billion investment in the face of a global industry slowdown
Aug 07, 2019 20:25 PM- Foxconn’s Terry Gou Plans to Sell $8.5 Billion LCD Production Line
- Investors behind the project, set to begin mass production next month, are considering selling it, sources told Caixin
Aug 07, 2019 19:01 PM- Dairy Giant Fonterra Winds Down Broken Marriage With Beingmate
- New Zealand company will sell its 18.8% stake in Chinese peer on open market after failing to find a buyer
Aug 06, 2019 20:23 PM- Why Faking Engagement on Short-Video Apps Is Pricey
- The platforms measure engagement in a more complex way, requiring more sophisticated fakery
Aug 06, 2019 20:15 PM- Appotronics Moves to Void Taiwan Rival’s Patents After $8 Million Countersuit
- STAR Market-listed mainland electronics-maker escalates cross-Strait intellectual property row
Aug 06, 2019 19:51 PM- Struggling Dairy Company Looks for Government Bailout
- Henan Kedi says city of Shangqiu has offered access to funds as questions flood in from suppliers and stock exchange
Aug 05, 2019 20:35 PM- As Flex Pares Huawei Business, Manufacturer Suspends Second Factory
- Weeks after temporarily closing Changsha factory, contract manufacturer lays off thousands more at Zhuhai facility
Aug 05, 2019 20:27 PM- Despite U.S. Charges of Massive Tariff Evasion, Zhongwang Says It’s Business as Usual
- Shares of aluminum-products maker continue to tumble, losing one-quarter of their value since indictment
Aug 05, 2019 20:23 PM- Travel Site Mafengwo Accused of Tolerating Fake Orders, Reviews
- Business owners claim platform’s vendor ranking system has led to unfair competition and fabricated content
Aug 05, 2019 10:44 AM- In Depth: The Fake Engagement Powering China’s Internet
- From e-commerce to ads, just about every form of online activity is being fabricated on an industrial scale with billions of dollars at stake
Aug 03, 2019 19:37 PM- China’s Crude Oil Imports from Saudi Arabia Surged in First Half of 2019
- Inflows of Saudi Arabian oil, now the largest source of China’s crude oil imports, increased 38.5% compared to the year-earlier period.
Aug 02, 2019 20:47 PM- Hong Kong Giant CK Hutchison Sets Up Telecom Holding Company
- Billionaire Li Ka-shing’s flagship says move expected to boost operational efficiency for one of its main asset groups
Aug 02, 2019 20:40 PM- Bicycle That Learns Has a Lot to Teach Us About AI’s Future
- Tsinghua University-led team tests novel microprocessor that draws together two approaches to artificial intelligence — with an autonomous bicycle
Aug 02, 2019 03:22 AM- Anti-Graft Storm Continues Rattling Liquor Giant
- Kweichow Moutai’s former deputy general manager Gao Shouhong expelled from Communist Party in unfolding corruption scandal
Aug 01, 2019 20:45 PM- Alibaba Offered Controlling Stake in Logistics Firm for $1.4 Billion
- Deal would increase e-commerce giant’s stake in STO Express to 46% as it seeks to build delivery capacity
Aug 01, 2019 20:11 PM- First Week Box Office of ‘Nezha’ Makes It Most Successful Chinese Animated Flick Ever
- Ticket platform predicts movie will make over $500 million by end of run
Aug 01, 2019 19:59 PM- BP, Didi Jump on Electric-Vehicle Charging Bandwagon
- Corporate giants form new joint venture building infrastructure to power China’s new energy dreams
- Aug 01, 2019 03:48 AM
- Canada Puts Off Decision on Huawei’s 5G Role Until After Election
- With Liberals and Conservatives split on Huawei, public safety minister cites need for more data after Oct. 21 election
Aug 01, 2019 03:36 AM- Alibaba-Backed Shopping App Removed From Android Stores
- ‘Little red book’ Xiaohongshu fashion and beauty platform may be affected by online content crackdown, analysts say
Jul 31, 2019 20:49 PM- Huawei Rides Patriotic Wave to Record Share of China Smartphone Market
- The embattled telecom giant had 38% of the world’s biggest market in the second quarter
Jul 31, 2019 18:27 PM- Pricing Reforms Take Juice Out of Power Transmission Investment
- Spending on new grid-oriented projects fell nearly 20% in the first half of the year
- Jul 31, 2019 17:16 PM
- In Depth: A Year After It Went Public, Investors Aren’t Buying the Xiaomi Story
- Former smartphone highflyer struggles with sagging sales and image as hardware-maker
Jul 30, 2019 19:43 PM- Pig Stocks Are Dwindling, Pork Prices Are Rising as China Battles Swine Fever
- Pork prices surged by nearly a third in June and production could drop 20%, officials warn
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