Tether briefly dropped to $0.993 although it quickly regained parity with the dollar. But investors continue to pull money out of stablecoins and several have lost their pegs to underlying assets.

Beijing's harsh regulatory crackdown means Ant now stresses its autonomy, to the point that Alibaba might even compete with its one-time sister company

Total sales over the '618' period rose 10.3% over the 18 days to Sunday, sharply down from the 2021 event's growth of 27.7%, JD.com said

The chief executive of JD.com's retail business, Xin Lijun, says regulation of China's tech sector is not loosening but becoming more "stable" and "rational," according to CNBC

Chinese courts have repeatedly issued “anti-suit injunctions” on behalf of groups like Huawei, Xiaomi, ZTE and Oppo to block non-China firms from enforcing IP rights in other jurisdictions

The legendary boomtown in southern China, which posted at least 20% annual economic growth over the past four decades, is a different place today.

Billionaire Jack Ma's fintech group  aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month, sources told Reuters

The Monetary Authority of Singapore gave approval on June 2 to an application for the bank to commence business, Ant and wholly-owned ANEXT said in a statement

Founded in 2013, Opn offers a digital payment system to merchants, enterprises, and financial institutions in Japan and Southeast Asia using blockchain

Republican-sponsored bill would ban US app stores from supporting apps that enable payment with China's digital yuan.

The fintech startup, which helps firms embed services such as remittance, loans and digital payments into their platforms or apps, will own 100% of Shopmatic, the report said

China's economic slowdown and its crackdown on tech companies have been blamed for new stock listings in Hong Kong plummeting to a nine-year low