Guosen Securities plans to buy control of a smaller rival in China’s technology hub of Shenzhen, answering the government’s call to consolidate the nation’s 12 trillion yuan (US$1.68 trillion) brokerage …
The pace of consolidation in China’s brokerage industry is gathering pace amid Beijing’s drive to cultivate world-class investment banks that can match global giants in size and scope. Western Securities, …
Reshaping the securities industry is part of the drive undertaken by CSRC boss Wu to revitalise the US$9 trillion stock market in a follow-through of President Xi Jinping’s ambition to …
Autonomous driving is currently not a priority for Chinese EV buyers, so Tesla’s FSD is unlikely to shake up the industry because local rivals have started to offer similar technologies, …
LightSpeed Studios, one of Tencent’s key gaming units and the maker of popular title PUBG Mobile, has absorbed a project in Shenzhen previously owned by ByteDance’s Gravity Studio and an …