China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,628 articles matching the search query.
China's JD spins off cloud and AI businesses to fintech unit
Chinese e-commerce firm JD.com Inc said on Wednesday it had sold JD Cloud and artificial intelligence business to its financial technology unit for a combined valuation of 15.7 billion yuan ($2.40 billion).
ByteDance considers listing Douyin in New York or Hong Kong: sources
ByteDance is in talks about a possible offshore listing of its short video app Douyin, the Chinese version of TikTok, in New York or Hong Kong, two people familiar with the matter said.
China state media outlet warns against 'crude' efforts to get people vaccinated
Some local authorities in China have resorted to "simple and crude" measures to push people into getting COVID-19 vaccines, a state media outlet said on Wednesday, warning against such behaviour as China ramps up its inoculation efforts.
Chinese Fresh Food Chain Qiandama Is Said to Weigh Hong Kong IPO
Chinese fresh food chain operator Qiandama is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter.
U.S. condemns China moves to further reduce Hong Kong political participation
The United States strongly condemns moves by China to further reduce political participation and representation in Hong Kong and is deeply concerned by a second delay in the territory's LegCo elections, the U.S. State Department said on Tuesday.
China smartphone maker Xiaomi to invest $10 billion in new EV unit over 10 years
Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business, the company announced on Tuesday in a filing.
Taiwan reports large incursion by Chinese air force
Ten Chinese military aircraft including fighter jets entered the southwestern corner of Taiwan's air defence identification zone on Monday, the island's defence ministry said, in a further escalation of tension across the sensitive Taiwan Strait.
Tencent Music Plans Buyback After Block Trades Selling Archegos Holdings
Tencent Music Entertainment Group announced a $1 billion share buyback Monday, days after the Chinese online music company was caught up as one of the names hit by a liquidation of holdings by former Tiger Management trader Bill Hwang.
China Evergrande to raise $2 billion in pre-IPO for property, car marketplace unit
China Evergrande Group on Monday said it will sell 10% of its online real estate and automobile marketplace, Fangchebao (FCB), to 17 investors for HK$16.35 billion ($2.10 billion), in a fundraising ahead of the unit's initial public offering (IPO).
100 million doses of China Sinopharm's COVID-19 vaccines supplied globally
Two COVID-19 vaccines developed by subsidiaries of China National Pharmaceutical Group (Sinopharm) have hit a combined 100 million doses of supply around the world, a Sinopharm affiliate said late on Friday.
‘Insult to the Country’: Hong Kong Targets Art Deemed Critical of China
Pro-Beijing lawmakers have called for work by the dissident artist Ai Weiwei to be removed from a new museum, and accused local arts groups of undermining national security.
Tencent-backed Waterdrop to halt mutual aid service amid tougher Chinese scrutiny
Tencent-backed Waterdrop said on Friday it would shut down its online healthcare mutual aid programme at the end of March amid China's tightening of financial technology regulations.
Tencent-Backed Linklogis Seeks $1.1 Billion in Hong Kong IPO
Chinese fintech company Linklogis Inc., backed by Tencent Holdings Ltd., is seeking to raise HK$8.3 billion ($1.07 billion) from an initial public offering in Hong Kong.
Burberry becomes first luxury brand to suffer Chinese backlash over Xinjiang
Burberry has lost a Chinese brand ambassador and its hallmark tartan design was scrubbed from a popular video game, becoming the first luxury brand assailed by the Chinese backlash to Western accusations of abuses in Xinjiang.
Exclusive: Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant - sources
China's Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.
European fashion stocks hit by China Xinjiang row
Shares of European fashion brands Adidas, Inditex and H&M fell on Thursday as they faced a storm of criticism on social media in China over comments they have previously made about Xinjiang.
Exclusive: Hong Kong tells foreign governments to stop accepting special British passport
The Hong Kong government on Thursday confirmed a Reuters report that it had told 14 countries to stop accepting a British travel document that many of its young people use to apply for working holiday visas in Europe, North America and parts of Asia.
Nike, Adidas join brands feeling Chinese social media heat over Xinjiang
Nike and Adidas came under attack on Chinese social media on Thursday over past comments the fashion brands have made about labour conditions in Xinjiang, part of a diplomatic row between China and the West.
Chinese tech stocks slump as U.S. SEC begins rollout of law aimed at delisting
Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards.
Exclusive: China's Didi leans towards New York for IPO, eyes valuation of at least $100 billion - sources
China's top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its initial public offering (IPO), eyeing a valuation of at least $100 billion via the float, two people with direct knowledge of the matter said.