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Business

TRIaXplore Empowered by MGM 2025 Successfully Held at MGM Cotai

The TRIaXplore Empowered by MGM 2025 event was successfully held at MGM Cotai from April 28 to 30, 2025. This unique and exclusive health focused forum highlighted knowledge and trends in the wellness industry, showcasing the growth potential in integrated health, wellness, and beauty. The event was hosted by MGM and its award-winning spa brand, […]

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Brief Energy & Environment Tech, Media & Telecom

China aims to use space-based solar energy station to harvest sun’s rays to help meet power needs

Chongqing city in southwestern China will soon have the nation’s first experimental facility to test a revolutionary technology allowing China to send, and receive, a powerful energy beam from space in about a decade, according to scientists involved in the project, reported the South China Morning Post. Harvesting energy from the sun and beaming it […]

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Banking & Finance Brief

China Huarong Asset Management downgraded by Moody’s

China Huarong Asset Management’s credit rating was cut by Moody’s Investors Service to Baa2 from Baa1, and the borrower remains on watch for a potential further downgrade, reported Bloomberg. The ratings company cited the deterioration of the asset manager’s capital and profitability after Huarong last week put its 2020 loss at nearly $16 billion. While a capital […]

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Brief Law & Regulation Markets

China halts over 40 IPOs as it investigates law firm and broker

Chinese bourses have halted processing more than 40 initial public offering (IPO) plans in Shanghai and Shenzhen amid an investigation into four intermediaries in the deals including a law firm and a broker, according to exchange disclosures, reported Reuters. The Shenzhen Stock Exchange suspended more than 30 IPO plans on Aug. 18 slated for its […]

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Brief Tech, Media & Telecom

Didi suspends UK launch plans amid China crackdown on tech firms

Chinese ride-hailing giant Didi Global has suspended its plans to launch in Britain and continental Europe, against the backdrop of a regulatory backlash at home over data privacy, reported the Telegraph on Monday. Staff working on the planned launches have been told that they face possible redundancy and Didi has stopped hiring in Britain, pulling the […]