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Mar 31, 2023 13:00 PM- Weekly Must-Read: Alibaba Splits Into Six Business Units in Biggest Overhaul
- The $220 billion e-commerce colossus will become a holding company and grant management and financing independence to the new enterprises
Mar 31, 2023 06:14 AM- Raging Price War Poses Survival Threat for Automakers
- Only a handful of EV and smart car winners may remain standing as China’s crowded vehicle industry faces a massive shake-out
Mar 31, 2023 06:10 AM- China Mobile Buys $6.5 Billion Stake in Postal Savings Bank
- Government-controlled telecom giant will become the third-largest shareholder in the state-owned bank
Mar 31, 2023 05:57 AM- Fosun International Profit Plunges 95% in 2022
- Market turmoil and Covid outbreaks almost wipe out earnings for a conglomerate also mired in a debt crisis
Mar 30, 2023 21:18 PM- Chinese Developer Country Garden Reports First Annual Loss Since 2007 IPO
- The Foshan-based real estate giant says it was $885 million in the red in 2022
Mar 30, 2023 21:01 PM- Four Things to Know About How China’s PE Funds Are Helping Revive Real Estate
- Private equity funds were this month allowed to start applying for permission to invest in some types of property projects, but some analysts are skeptical of the benefits
Mar 30, 2023 19:47 PM- Caixin Top Stories of the Month: TikTok Walks on Thin Ice Amid Western Security Fears
- As the U.S., Canada and the EU torque up pressure and restrictions, ByteDance fights to avoid a government-forced spinoff of its gold mine
Mar 30, 2023 19:25 PM- China’s Short-Video App Users Top 1 Billion
- The number makes up more than 70% of the total population and 95% of all internet users in the country
Mar 30, 2023 19:14 PM- China Chalks Up Fresh Win for Yuan Internationalization With LNG Trade
- State-owned China National Offshore Oil completes purchase of more than 60,000 tons of liquefied natural gas from French giant TotalEnergies
Mar 30, 2023 18:18 PM- Beijing Reaffirms Taiwan Could Adopt Own Social System After Reunification
- The central government would ‘fully respect’ the lifestyle of the island’s people, spokesperson says
Mar 30, 2023 16:03 PM- China’s Latest Move to Become Global AI Hub Focuses on Science Research
- The government aims to drive artificial intelligence research in areas such as drug development, genetic research and biological breeding
Mar 30, 2023 15:03 PM- Shanghai Composite Index Rose 0.65% on Thursday
- Shenzhen Component Index closed up 0.62%
Mar 30, 2023 05:47 AM- Zhongwang, Top IPO of 2009, Kicked Off Hong Kong Exchange
- Aluminum giant controlled by Liu Zhongtian, once China’s richest man, didn’t report financial results since 2021 amid liquidity crunch
Mar 30, 2023 05:13 AM- SenseTime to Roll Out Its Own ChatGPT Rival in Mid-2023
- Chinese AI leader joins the global rush for chatbots sparked by the OpenAI product, along with China’s Baidu
Mar 30, 2023 03:59 AM- Huolala Parent Lalatech Files for Hong Kong IPO
- Operator of China’s largest platform connecting intra-city cargo delivery services with users once sought to raise $1 billion in a since-scuttled U.S. share sale
Mar 29, 2023 21:29 PM- Exclusive: Rival Bid Shapes Up for Steel Asset Being Sold by Debt-Strapped Fosun
- A unit of financial conglomerate Citic is fast-tracking a potential bid to buy 60% of Nanjing Nangang Iron & Steel, sources tell Caixin
Mar 29, 2023 20:31 PM- In Depth: New Business Comes With Old Risks for China’s Struggling Tutoring Industry
- Sales of ‘learning tablets’ helped keep companies going after the crackdown on for-profit education, but looming regulation and growing competition show the shift is no cure-all
Mar 29, 2023 20:27 PM- Succession Battle Erupts After Sudden Death of Battery-Materials Maker Founder
- Ningbo Shanshan Chairman Zheng Yonggang’s death in February has left his wife and son from a previous marriage fighting for control of the company
Mar 29, 2023 20:17 PM- Allianz Seeks Bigger Foothold in China’s $3.9 Trillion Mutual Fund Market
- The German financial giant has applied with the CSRC to set up a wholly owned fund manager
Mar 29, 2023 20:07 PM- China’s Private Sector Set for Boost as Local Governments Step Up Support
- Guangzhou in southern China is just one city preparing local legislation to give private companies equal rights and market access with their state-owned counterparts
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