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From peer-to-peer (P2P) lending to third-party payment, from blockchain to data-mining, the intersection of finance and technology is drawing in new investments as well as more regulatory oversight in China.
In Depth: The Rectification and Remaking of Ant Group
Although the worst-case scenario of a breakup has been avoided, Jack Ma’s fintech behemoth will be forced to undergo a major restructuring
Weekly Must-Read: Why China’s Project Whitelists Can’t Cure Real Estate Slump
Although the lists are helping many developers secure financing to finish their projects, there may not be enough demand for new homes to soak up the extra supply, bankers warn
Bubble-Tea Maker Chabaidao Slumps 37% in Hong Kong’s Biggest 2024 Debut
The poor trading debut underscores the challenges that the city is facing in reviving investor confidence
CX Daily: China’s Balancing Act to Keep Its Social Security System Afloat
The U.S. Secretary of State will make his second China trip in less than a year. Chinese shippers traveling through the Red Sea are ramping up security measures or seeking alternative routes. Plus, more about the flooding in Guangdong
Shanghai Composite Index Fell 0.67% on Monday
Shenzhen Component Index closed down 0.43%
U.S. Lawmakers Seek Sanctions on Chinese Carmakers for ‘Aiding Russian Military’
‘No Limits Act’ aims to stop Internet-connected vehicles with Chinese technology from entering U.S. military bases
Cover Story: Alibaba Renews Strategy Reset to Revive Growth Momentum
Jack Ma tells employees ‘we must reform for the future’
Shanghai Composite Index Rose 0.23% on Thursday
Shenzhen Component Index finished nearly flat
China Adds Teeth to Consumer Protection Law With New Powers for Advocacy Groups
Newly enacted regulations will allow associations to sue those behind large scale violations of consumer rights and publicize details of complaints
Job Cuts Might Be Behind Outage at Tencent Cloud, Source Says
Chinese internet giant’s unit suffered a service failure on Monday that disrupted access to tool that customers use to manage servers
ByteDance to Boost Douyin’s E-Commerce Business With Offline Payment License
The addition will allow the platform to compete with heavyweights like Alipay and Meituan
Cover Story: How Billions in Bitcoin Laundered From China Ended Up in British Hands
U.K. authorities have seized $4.3 billion of the cryptocurrency linked to a Chinese company that illegally raised 43.5 billion yuan
In Depth: Huawei’s HarmonyOS Next Is Set to Rival iOS and Android
Home-grown operating system picks up momentum in creating an app ecosystem that could create 3 million jobs in China
Citic Securities Denies Short Selling After Shanghai Stocks Drop Most in a Month
Top brokerage condemns ‘false and untrue information’ that has damaged the company’s reputation
Alibaba Scraps Logistics Arm’s IPO After Market Turmoil Worsens
The market is ‘pretty depressed’ and wouldn’t have afforded Cainiao the kind of ‘patient capital’ it needs for global expansion, Alibaba Chairman Joseph Tsai says
Shanghai Composite Index Fell 0.95% on Friday
Shenzhen Component Index closed down 1.21%