The consumer finance unit of China's Ant Group will introduce four new strategic investors and boost the company's capital to $4.7 billion, an exchange filing released on Friday said
China is keen to build a financial centre in the country's west by 2025, the central bank said on Friday, in a bid to support economic growth in the Chengdu-Chongqing region.
Listings around the world raised a record $594 billion in 2021, amid stock market rallies, yet investors were often disappointed with subsequent stock performances
Evergrande boss Hui Ka-yan's stake in its property services unit has fallen to 58.18% from 60.96% after a forced sale of pledged shares by a third party, a stock exchange filing showed
Consumer protection body in Zhejiang summoned five platforms including Alibaba's Taobao, Pinduoduo and JD.com over live-streaming irregularities during the Singles' Day shopping festival
About 13 million people were ordered to stay home in the city of Xi'an, where a strict lockdown and travel controls were imposed on Wednesday to fight a growing Covid-19 outbreak
China's market regulator said on Wednesday that it had approved the acquisition deal – but with conditions
Chinese property developer said it's likely to default on notes worth $250 million that are due next month, which could trigger payments becoming due on all its public bonds
Authorities have ordered celebrities and live-streamers to report tax-related crimes before 2022, days after China's 'queen of live-streaming' Viya was fined $210 million for tax evasion
Apple supplier Foxconn's plant near Chennai in southern India will remain shut this week following protests sparked by a food poisoning incident, government officials said on Tuesday
Momo is Vietnam's largest e-wallet by users and aims to double that number to 50 million in the next two years. It aims to go public in 2025
Top brands engage live-streamers to help market products on China's top e-commerce platforms, and analysts say it is essential to a brand's retail strategy for the country