Companies that fall foul of the new rules, likely to come into effect sometime this year, could have their services suspended, face fines or even face a criminal investigation

"Until our company's official announcement, any Ernie app you see from App Store or other stores are fake," the Chinese search engine giant said in a statement

Firms debuted at cheap prices, and jumped under new listing scheme; Shenzhen CECport Technologies, an electronic components distributor, opened 161% higher and surged 239%

The news about the former chairman of the state-owned financial conglomerate comes less than two weeks after he resigned from his post

Japan wants to stop its advanced technology being used for military purposes and does not have a specific country in mind, the country's trade minister said

The Bank of Communications, Bank of China, Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China all posted positive results

"Do we really want to emulate Chinese speech bans?" US Republican Senator Rand Paul said responding to calls for unanimous consent for a TikTok ban bill

Group's shares jump 16% after similar rise in the US; Hang Seng Index lifted by speculation China's regulatory crackdown is ending and talk of IPOs from Alibaba hiving off business units

China's central bank argued that Silicon Valley Bank’s failure was partly the result of rapid interest rate hikes in Western economies

A former finance minister said China could give the green light to foreign capital participating in its financial markets

"Ernie Bot is not a tool of confrontation between China and the United States," said Baidu CEO Robin Li.

The inspections by US audit watchdog PCAOB are part of a deal with Beijing to prevent delistings of Chinese firms from the New York Stock Exchange