Shenzhen Expressway’s Q3 Results Meet Expectations

Shenzhen Expressway’s Q3 net profits attributed to owners of the group hit Rmb332 million, a year-on-year increase of 5.7%, which is in line with...

Alibaba Names New CEO; Alimama President Also Appointed

SHANGHAI – Alibaba Group Holdings has named Daniel Zhang, the group’s current chief finance officer, as its new Chief Executive officer starting 10 May,...

Gucci, Yves Saint Laurent Sue Alibaba Over Counterfeit Goods

NEW YORK - Global luxury brands Gucci, Yves Saint Laurent and other brands owned by Paris-based Kering SA have filed a lawsuit in Manhattan...

The Strength of WIMI Hologram in IPO and Nasdaq Trade

WIMI Hologram Cloud Inc filed for its IPO and listing on the Nasdaq Global Market as "WIMI". According to the prospectus filed June 27...

China’s Capital Outflows Forecast to Hit USD538 Billion

The Institute of International Finance (IFF) has forecast a possible capital exodus of US$538 billion in China this year as global investors continue to...
Huixin Credit

China’s Huixin Credit To List Shares in HK

HONG KONG – Huixin Credit (Quanzhou Huixin Micro-Credit) has announced the proposed listing of its shares on the Main Board of the Hong Kong...

China’s Tourism Industry To Grow 7.5% This Year

China's tourism industry will continue to boom this year, growing 7.5% and creating more jobs in the country, said the World Travel & Tourism...

More Chinese Companies Freeze Share Trading

SHANGHAI, CHINA - About 1,323 listed Chinese firms have suspended trading on mainland exchanges, locking up at least USD2.6 trillion worth of shares, or...

Morgan Stanley To Bring Back China Hedge-Fund Event

Sources said Morgan Stanley will hold this year's Asian hedge-fund capital introductions forum in Shanghai in June after a two-year absence. The annual event...

3rd World Intelligence Congress (WIC 2019) Stresses AI’s Role In Growth

The 3rd World Intelligence Congress (WIC 2019), a forum for exchange and cooperation in the field of artificial intelligence, emphasized the role of artificial...

eyeSight Technologies Collaborates with Soling to Bring Next Generation Driver Monitoring Systems to the...

BEIJING - (ACN Newswire) - eyeSight Technologies, a leading provider of embedded computer visionandAI solutions, has joined forces with Soling Industrial Co.(Stock Code: 002766), a Shenzhen-based AutomotiveTier-1...

Wyndham Hotel Signs 7 More Ramada Properties in China

Wyndham Hotel Group has signed seven additional Ramada properties across China, in the provinces of Sichuan, Shandong, Hubei, and Jiangsu, the company said in...

WiMi AR Hologram and MEGVII AI-enabled Facial Recognition fire innovation in Banking Industry

The titans of technology and heavyweights of finance are rapidly embracing artificial intelligence (AI) technology. AI is demonstrating its capabilities in the financial sector,...

Sheng Ye Capital Announces 2019 Interim Results

Income from Factoring and Other Services Surges 30.0% to RMB237.5 Million Healthy Financial Position and Excellent Factoring Business Performance Makes Application to HKEX...

Ascletis’ NDA for Its All-oral HCV Treatment Accepted by CFDA

Hangzhou and Shaoxing, China - (ACN Newswire) - Ascletis announced today it has received the acceptance letter from the China Food and Drug Administration (CFDA) for Ravidasvir...

AIIB Open to All Countries, China President Xi Says

Chinese President Xi Jinping said the China-backed Asian Infrastructure Investment Bank (AIIB) is an open initiative and all countries are welcomed to join the...

Small Chinese Insurers Top Online Life Market

The Insurance Association of China revealed that small and medium-sized insurance firms in the country currently dominate the burgeoning online life insurance market, accounting...

China’s Manufacturing Activity Slows in April

SHANGHAI, CHINA - The latest flash HSBC / Markit PMI survey showed that China’s factory activity slowed to its lowest level in a year...

Italy To Hear Money-Laundering Case Against Bank of China, 297 Others In 2016

Italian prosecutors will start the trial for a money-laundering charge involving the Bank of China, one of the five biggest state-owned commercial banks in...

China Briefs: H1 Deficit, Stocks Up For Six Straight Days, Urban Unemployment Down Slightly

China Deficit Hits USD104 Billion Mainland China experienced more net-capital outflow from January to June this year, even as the foreign-exchange settlement deficit went up....