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

China's securities regulator has questioned why the battery maker needs so much capital after it raised $6.56 billion in a domestic share placement last year

At least one WeChat group with several hundred members has been formed by anxious Chinese clients of SVB seeking to safeguard their interest

Japanese investors sold a net 2.15 trillion yen ($15.6 billion) in foreign equities in February, their largest monthly selloff since April 2021

Shares in Hong Kong, Sydney and Shanghai took a tumble, while MSCI's broadest index of Asia-Pacific shares outside Japan was 1.7% lower; dollar rises to 3-month high

New financial regulator will replace the banking commission and do some functions of the central bank and securities commission; a national data bureau will also be set up

SoftBank has reportedly picked Goldman Sachs, JPMorgan Chase, Barclays and Mizuho Financial Group to lead the US listing.

Billionaire investment boss says his money is stuck in a bank in Shanghai. He advised investors to be "very, very careful" about investing in an economy under a tight government grip