Court says Didi’s alleged desire to sell American depositary shares before a looming government crackdown gave the firm a "concrete and personal economic motive" to go public
China's computer-driven hedge funds have been forced to boost risk management and change practices to adhere to state demands for fair play
In Hong Kong, shares of biotech firm WuXi AppTec fell 12% on news that a US-based global trade association representing biotechnology companies sought to “separate” from it
The decision comes after a surprise move last week to scrap the premier's news conference at the end of the annual session of parliament
QDII fund units jumped 50% year-on-year to a record high in January amid 'insane' demand. The scramble for offshore assets is putting pressure on China's capital account and currency
Some 74 hedge funds in Asia closed down in 2023, half of them in China, as interest shifted toward Japan, pan-Asia funds and other strategies
Nikkei heavyweights with a significant presence in China have seen mega rallies, especially in the chip sector
"A-share IPOs will enter an era where quality is more important than quantity," one Chinese brokerage said on increasing regulatory scrutiny
The country’s Securities Regulatory Commission said penalties will be severe as it cracks down on fraud, scams, insider trading and market manipulation
The firm consolidated its position as the US’s third most valuable firm after its market valuation jumped from $1 trillion in just eight months
China's third largest quant fund has said sorry after being hit with a trading ban for computer-generated sell orders that sparked a rapid market decline on Monday
Nikkei share index rose by 2% to an all-time peak on Thursday, thanks to cheap valuations and corporate reforms that have lured foreign money looking for alternatives to China's battered markets