The Big Four accounting firm, an auditor of choice for many Chinese developers, faces blowback over the country’s epic housing bust.
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China Market Update: Alibaba’s Dual Primary Listing Becomes Effective, Meituan’s Q2 Beats
Asian equities were largely higher on light volumes except for Mainland China and Hong Kong in advance of Nvidia’s widely anticipated results today. We shouldn’t overthink the price action, as summer …
Drugmaker Mundipharma’s China unit sale fails to find buyer, sources say
Drugmaker Mundipharma International, owned by the billionaire Sackler family, has failed to find a buyer for its China unit for the second time in a renewed sale process this year, two sources with …
Drugmaker Mundipharma’s China unit sale fails to find buyer, sources say
Drugmaker Mundipharma International, owned by the billionaire Sackler family, has failed to find a buyer for its China unit for the second time in a renewed sale process this year, two sources with …
China electric vehicle giant BYD’s first-half profit jumps 24.4%
Chinese electric vehicle giant BYD reported a 24.4% rise in first-half net profit on Wednesday despite faltering spending on big-ticket items in the world’s largest automobile market.
China’s state media: Canada is ‘shooting itself in the foot’ with new EV tariffs
China’s state media has criticized Canada over its decision to impose over 100% import tariffs on Chinese electric vehicles, using bolder language than the nation’s official government response.
Revolutionizing Financial Risk Management with Blockchain and Deep Learning
Researchers from Tongling University developed a model that combines blockchain and deep learning to enhance the security and accuracy of financial data sharing and risk identification in enterprises.
China’s Nvidia wannabe, Tencent-backed AI chip start-up EnFlame, flags IPO intention
Founded by two former employees at US semiconductor giant Advanced Micro Devices in March 2018, Enflame is among a group of Chinese graphics processing unit (GPU) developers hoping to take advantage …
Two more Chinese airlines to start flying China-made COMAC C919 jet
Air China and China Southern Airlines will become the second and third Chinese carriers to fly China’s homegrown COMAC C919 passenger jet when their first planes are delivered on Wednesday, state-run Chinese Central TV said.
Sports brands in China turn in uneven performance despite Olympic year
A bright spot in the first half was Anta Sports Products, one of the largest homegrown Chinese brands. The company on Tuesday evening said its interim revenue grew 13.8% on the year to 33.73 billion…
Prudential New Business Profit Falls 1.4%, Led by China, HK
Prudential Plc reported a 1.4% drop in new business profit for the first half, hit by slower sales in mainland China, Hong Kong and Indonesia.
India’s Reliance on Chinese Imports Continues to Grow in First Half, Report Says
China remained India’s largest importer in the six months ended June 30, with imports rising 8.4 percent to USD50.1 billion from a year earlier and the trade deficit reaching USD41.6 billion, the …
China’s two richest people lose billions in consumer stock rout
China’s top billionaires saw their combined wealth drop by more than $18 billion due to massive stock selloffs in major consumer firms. This reflects
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