Embattled Chinese developer Shimao Group Holdings has been given a four-week reprieve by a Hong Kong court giving it more time to secure lenders’ approval for its debt restructuring proposal, …
It had 64.4 billion yuan (US$8.9 billion) of liabilities in total as of the end of 2023, according to its annual report. The liquidation order, which was issued by Justice …
Alipay, the ubiquitous Chinese mobile payment service operated by Ant Group, has added a hair loss testing feature that uses artificial intelligence (AI) in its latest effort to push further …
Alibaba.com, a business-to-business (B2B) cross-border e-commerce platform owned by Alibaba Group Holding, is projecting US$60 billion in gross merchandise value (GMV) for 2024, which would be a 20 per cent …
While it was not uncommon a decade ago for Matthew and other Chinese officials like him to travel abroad for leisure, their counterparts in 2024 are under much tighter travel …
China’s Politburo – a high-level decision-making body of the country’s Communist Party – reviewed a pilot accountability mechanism for financial de-risking on Monday, the latest offensive in Beijing’s campaign to …
Yan had hoped that his company could open an account at Chinese banks near the country’s northeast border with Russia. Those smaller banks, unlike the state-owned behemoths, seemed more willing …
“When they have a lot, the prices go down,” Zhao said. “When the piles are higher, you can see that clearly.” Competition for a larger share of China’s seemingly bottomless …
NetEase, China’s second-largest video gaming company, has unveiled updates on more than 10 new titles, including a highly-anticipated “triple-A game” to be released in July, at its annual product launch …
On Friday, Longfor Group Holdings surged 11 per cent to HK$15.30 and China Overseas Land and Investment jumped 4.4 per cent to HK$16.52. China’s CSI 300 Real Estate index of …