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Alibaba Break-Up Gets Underway With Cainiao Listing Move

The logistics unit’s launch would make it the first to be split off since the Chinese e-commerce giant announced its…

11 hours ago

Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones

"What kind of move is this?" one Weibo user said, as the Chinese telecom giant's much anticipated product event failed…

14 hours ago

Key Evergrande Unit Misses $547m Bond Dues as Crisis Worsens

The developer's already battered Hong Kong-listed shares slipped more than 8% on Tuesday, taking the stock's losses to more than…

16 hours ago

Hang Seng Drops on Property Worries, Nikkei Slips on Chips

China’s ailing real estate sector and fading hopes of central banks easing back on their rate hike campaigns any time…

16 hours ago

German Carmakers Fear EU’s China EV Probe: Minister – Politico

Germany’s economy minister said the country’s carmakers are “afraid” of retaliation from Beijing over potential EU duties targeting Chinese electric…

2 days ago

China Bans Top Nomura Investment Banker From Exiting Mainland

The ban is reportedly connected to Beijing’s investigation into top tech dealmaker Bao Fan, whose disappearance early this year shook…

2 days ago

Evergrande Debt Revamp Hitch Deepens Property Meltdown Fears

The world's most indebted property developer said a regulatory probe into its main domestic subsidiary, Hengda, had halted the debt…

2 days ago

Taliban Sounds Out China’s Huawei on Mass Surveillance Plan

Afghan regime has consulted with Chinese telecom giant Huawei about potential cooperation on reconfiguring a mass surveillance network initially planned…

2 days ago

Property, Tech Drag on Hang Seng; Bargain-Buying Boosts Nikkei

China’s economic woes, particularly its ailing property sector, and the gloomy prospect of high interest rates for some time to…

2 days ago

China’s AI Startups Facing a Shakeout as Costs Surge

China now has at least 130 large language models, accounting for 40% of the global total and just behind the…

5 days ago

China Issues Gallium, Germanium Licences as Exports Sink

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August

5 days ago

Tesla Seen Looking at Battery Factory in India, as Well as EVs

Sources say CEO Elon Musk is keen to build two factories in India - one for electric vehicles, and a…

5 days ago