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Update: Ant Group Clears Last Hurdle for Dual IPO - Fintech star has received final blessings for its Shanghai, Hong Kong listing → Read More
Update: China Ditches GDP Growth Target for 2020 - China abandons annual economic growth target for first time in three decades, sets employment, CPI targets → Read More
IMF Is Confident China’s Economy Will Bounce Back From Virus - Chief Kristalina Georgieva says it is still too soon to gauge the impact of the epidemic → Read More
Asia Head for Money Manager Vanguard Leaves Job - Charles Lin spearheaded the American asset management giant’s expansion across Asia → Read More
China’s three largest wireless carriers have received over 10 million preorders for their 5G services as the country’s mobile users show keen interest in the next-generation technology. As of 12:30 p.m. Thursday, 6.26 million users had applied for 5G services through China Mobile, the country’s biggest carrier. A further 2.2 million orders had been placed with China Telecom and 2.2 million with… → Read More
Online Real Estate Marketplace Fangdd Files for $150 Million U.S. IPO → Read More
Robin Li Steps Down as Executive Director of Baidu’s Cloud Business → Read More
Goldman Sachs Reassessing Sponsorship of Megvii IPO After U.S. Export Ban: Report → Read More
BYD, Vanke to Launch $154 million Tech and Logistics Investment Fund → Read More
Online Educator VIPKid Raises Fresh Funding From Tencent → Read More
Chinese Home Rental Platform Q&K Files for U.S. IPO → Read More
As self-driving vehicles edge closer to widespread rollout in China, the country is taking its autonomous mobility technology onto the high seas. China has built its first research and development test base for autonomous ships in the southern coastal city of Zhuhai next to Macao, state-owned newspaper Economic Daily reported Monday. Called the Xiangshan Ocean Science and Technology Port, the… → Read More
Ant Financial-Backed Online Tax Company Eyes Shanghai IPO → Read More
China’s online retail sales growth weakened in the first eight months of this year, official data showed, amid a slowing national economy. Online retail sales rose by 16.8% year-on-year over the period, down from the 28.2% growth the year before, according to data published last month by the National Bureau of Statistics. The domestic online retail market recorded sales of 6.4 trillion yuan… → Read More
Transsion Sued for Alleged IP Infringement Ahead of IPO → Read More
44% of Chinese Auto Dealers Posted First Half Losses: Report → Read More
Gaming Giant CMGE Eyes High-Valuation Hong Kong IPO → Read More
Airbnb Eyes Improved China Localization After Freeing Up Beijing Unit → Read More
Swiss automation and power technology giant ABB Group is partnering with Chinese telecom behemoth Huawei to develop China’s industrial cloud systems, the two companies announced Wednesday at Huawei’s annual Connect conference in Shanghai. ABB said it will offer its platform, dubbed ABB Ability, to help industrial customers digitize their manufacturing processes using Huawei’s cloud… → Read More
China Oil Giants Face Uncertainties After Saudi Attacks: Sources → Read More