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.

Xiaomi said the first 100 million phones took five years to sell, but the next 100 million took just three. Chinese companies account for four of the top five smartphone brands in India

The mortgage boycott – said to now affect over 200 projects and 80 developers – is a grave threat to private builders who relied on apartment pre-sales, as many lack funds and face a rocky future

BCA Research expects China's recovery to be U-shaped this year, failing to repeat the V-shaped resurgence that followed lockdowns in 2020 during the early part of the pandemic.

The equivalent of about 1.77 million barrels per day (bpd) of Russian oil were shipped to China, down from May's record of 1.98 million bpd, a level analysts had expected to be maintained

The one-year loan prime rate (LPR) was kept at 3.7%, and the five-year LPR was unchanged at 4.45%, in line with market expectations