Jan 11, 2022 04:39 AM- Kangmei’s Former Chief Gets 12 Years in Final Verdict
- Appeals court upholds prison sentence for Ma Xingtian as well as $188,300 fine in the drugmaker’s massive financial fraud
Jan 11, 2022 04:22 AM- Developer Agile Agrees to Sell 14 Properties for $439 Million
- Hong Kong-traded company joins other cash-strapped Chinese property companies selling assets to raise funds and avoid defaulting
Jan 10, 2022 20:04 PM- Real Estate Marketplace Fangdd Faces Nasdaq Delisting
- The Shenzhen-based company has until early July to get its stock price back above a buck
Jan 10, 2022 16:12 PM- China’s Biggest Private Tutor Laid Off 60,000 Staff in 2021 Amid Education Crackdown
- New Oriental also had to pay out $3.1 billion as it radically downsized its operations
Jan 10, 2022 06:59 AM- Cover Story: How the Global Semiconductor Industry Turned Into a Free-for-All
- Facing the need for specialized chips for AI and new applications, internet giants, mobile phone providers and automakers are pouring billions into their own integrated circuits
Jan 08, 2022 20:54 PM- China’s First Privately-Owned High-Speed Rail Starts Operations
- The 266-kilometer Hangtai high-speed railway links Hangzhou and Taizhou. The project’s success could attract more private capital to finance the nation’s costly high-speed rail network
Jan 07, 2022 20:36 PM- Tencent’s Stake Sale in Singapore Gaming Giant Had Nothing to Do With Regulatory Risk, Source Says
- The Chinese tech giant said Tuesday that its divestment of Sea shares provides it with ‘resources to fund other investments and social initiatives’
Jan 07, 2022 17:09 PM- In Depth: New Zealand Fruit Giant’s Kiwi Battle in China
- Zespri Group fights to profit from yellow SunGold variety it developed, alleging it’s being illegally cultivated in its largest market
Jan 07, 2022 05:59 AM- Xi’an Lockdown Rattles World’s Largest Chipmakers
- Samsung and Micron semiconductor factories face disruptions as workers stay home in the city’s worst Covid-19 outbreak
Jan 06, 2022 20:20 PM- Trip.com Loses Lawsuit Over Undisclosed Third-Party Bookings
- Travel giant failed to notify customers they were buying hotel rooms from agents and risked paying higher prices
Jan 06, 2022 20:05 PM- Textile, Apparel Companies Clock Off Early for Lunar New Year as Demand Slumps
- Enterprises in several provinces are closing for the holiday up to one month in advance due to lack of orders, disruptions in supply of raw materials
Jan 06, 2022 19:59 PM- Minmetals Expects Strong Profits From Boom Year for Metals
- The state-owned giant estimates profit will rise 10% as revenue hits the 800 billion yuan mark for the first time
Jan 06, 2022 16:29 PM- China Railway 2021 Revenue Basically Flat From Year Before
- Deeply indebted national rail operator says expenses and debt-to-asset ratio were brought under ‘positive control’
Jan 05, 2022 20:05 PM- Update: China Mobile Shares Have Wild First Day in Shanghai
- The country’s largest wireless carrier opened nearly 10% higher in its mainland homecoming, but gave back most of the gain by the end of trading
Jan 05, 2022 19:40 PM- Chinese Airlines Dump Fuel Surcharge on Domestic Flights as Prices Fall
- Air China, Hainan Airlines and a handful of other carriers announce they have discontinued the fee, just two months after implementing it
Jan 05, 2022 06:47 AM- China Tightens Grip on Big Tech’s Use of Algorithms
- Under new regulations, consumers will be able to block algorithms that Alibaba, Tencent and ByteDance use to target them with content and ads
Jan 04, 2022 20:06 PM- Evergrande Shares Resume Trading After Clarification of Island Resort Demolition Order
- The debt-ridden developer is trying to ease homebuyer concerns after a local government took the unusual step of condemning 39 apartment blocks that had already been sold
Jan 04, 2022 19:57 PM- China Mobile’s Homecoming Set for Wednesday as Shares Start Trading in Shanghai
- The telecom company expects to raise nearly 56 billion yuan by selling more than 970 million shares
Jan 04, 2022 19:20 PM- China Forges Ahead With Plan to End NEV Subsidies Before 2023
- Finance ministry announces 30% cut to cash subsidies, leaving upper limit at about $2,000 per vehicle
Dec 31, 2021 20:41 PM- Year in Review: Internet Investors Flock to Southeast Asia
- Venture capital deals and public listings are up in Southeast Asia, as its capital markets perform well in 2021
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