Shen, 56, retired from that role owing to “other business commitments”, and there is no disagreement between him and the Beijing-based company’s board, according to Meituan’s filing to the Hong …
Chinese social media giant Tencent Holdings plans to ban digital hosts powered by artificial intelligence (AI) on its live-streaming commerce platforms, as Beijing tightens controls over AI-generated content. Weixin Channel, …
A recent boom in convertible bond sales is kindling hopes that Hong Kong’s capital market is warming up after a years-long chill, with Wall Street banks readying themselves to bask …
China’s first triple-A video game, Black Myth: Wukong, has emerged as a big hit more than two months before its official release, as initial domestic pre-orders were about 16 times …
Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back consumers from rising rival Pinduoduo and …
Hong Kong stocks rose by the most in a month after a private report showed the services sector in mainland China expanded last month, in contrast with a slide in …
The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to “keep pace with [the pricing strategy of] competitors”, according to …
When one door closes, another one sometimes opens. For bankers in Hong Kong, where big mergers and acquisitions and initial public offerings have largely stalled, convertible bond issues are very …
Richard Liu Qiangdong, the billionaire founder of Chinese e-commerce giant JD.com, said the company is no place for unproductive staff and threatened to lay them off, as competition heats up …
More Chinese technology companies might turn to convertible bonds after Alibaba Group Holding and JD.com raised a combined US$6.5 billion through such notes. Alibaba sold US$4.5 billion in debt that …