Officials said funding was completed on Wednesday for the second phase of the advanced manufacturing fund, which invests in Chinese innovation sectors
The move, which comes amid pressure from Chinese stakeholder Ping An to break up the group, occurred after the lender raised its stake in the unit
The announcement on Thursday by the Cyberspace Administration of China followed a year-long investigation into Didi's collection and use of its customer data
The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in sops for the computer chips industry
Authorities in China’s southern technology hub of Shenzhen have ordered strict implementation of testing and temperature checks and locked...
Financial regulators in Henan province said on Thursday that individuals with deposits of up to 100,000 yuan ($14,800) will be repaid
The platform known as Huanhe, or Magic Core, is the latest victim of Beijing's crackdown on NFT trading, Jiemian.com said, citing Tencent insiders
Angry homebuyers have resorted to physical protests as well as a threatened boycott of mortgages due to hundreds of unfinished housing projects
Tesla’s second-quarter net profit fell 32% to $2.26 billion compared with the previous quarter. Total revenue fell to $16.93 billion from $18.76 billion in the previous quarter
An audit determined the technology has military applications which pose a national security risk to the UK.
Purchases of US property by investors from China, Hong Kong and Taiwan combined surged 27% to $6.1 billion in the year to March, and six out of 10 paid in cash, the SCMP reported.
The tally for 2022 bond defaults in China has passed $20 billion, largely because of the debt crisis in the property market. Defaults totaled $9 billion last year.