Ant Group has been ordered by Chinese regulators to “cut off” the “improper connections” between its payment platform and its financial products, in the first public comment on the fintech g... Read more
SF Holding, one of China’s top delivery firms, said it expects to book a loss for the first quarter this year, as the rapid expansion of new businesses pushed costs skyward, reported Caixin.... Read more
Montenegro has asked the EU for assistance with paying off a $1 billion Chinese loan for an incomplete highway project that has imperiled the finances of the small western Balkan nation, rep... Read more
Creditors ofChina Fortune Land Developmenthave agreed to extend the payment deadline on RMB 17.8 billion ($2.7 billion) in debt after the property developer defaulted earlier this year, repo... Read more
China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two R... Read more
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