Huang Yimeng, 40, who was ranked last year by Forbes to be worth $1.2 billion, said he was making preparations to move abroad for family reasons

Shares of Tencent Holdings, China's gaming giant, fell as much as 2.5% to HK$374.60 in the afternoon on Monday, after Prosus and Naspers said they would gradually sell shares in the firm

Companies will need to seek an anti-trust review about their planned mergers or acquisitions if one of the parties' global annual revenue tops 12 billion yuan ($1.79 billion)

US President Joe Biden and leaders of other G7 nations relaunch newly renamed 'Partnership for Global Infrastructure and Investment'

China's central bank injected 100 billion yuan ($14.95 billion) worth of seven-day reverse repos, the biggest daily injection via the liquidity tool since March 31

China and India have been stocking up on Russian oil, but their actions have undermined efforts by the US and Europe to impose sanctions that limit funds to the Kremlin while it wages war in Ukraine

The yuan-denominated bonds are offered by mostly European automobile firms and financial institutions to balance foreign exchange risks

Profits shrank 6.5% year-on-year, less than the 8.5% decline in April, according to data released by the National Bureau of Statistics (NBS) on Monday

Efforts to revive the sector, which could account for up to 30% of GDP, with lower mortgage rates, easier credit, subsidies and relaxed regulations have not worked yet, a report says

China has agreed with the Bank of International Settlements to set up a liquidity arrangement for renminbi/yuan to support to other central banks at times of market fluctuation.

About 240 casinos have been built in 120 Special Economic Zones in the Mekong subregion and some of these enclaves have become hubs of serious criminal activity, the UNODC says

The Covid-19 outlook in China has picked up with officials declaring victory over the coronavirus in Shanghai, while their counterparts in Beijing said on Saturday they will allow classes to resume.