Owner of short-video social media app TikTok, ByteDance, has overtaken Ant Group to take its place at the top of the list of world’s most valuable unicorns, with startups from both China and... Read more
The net profits of state-owned enterprises in China hit RMB 1.75 trillion ($274.52 billion) in the period from January to November, the state asset regulator said on Saturday, reports Reuter... Read more
Beijing has been increasingly taking minority stakes in private companies beyond those involved in online news and content, moving into firms that are dealing with large amounts of data, rep... Read more
The value of Chinese biotech company BeiGene plummeted on its Shanghai debut on Wednesday after generating almost $3.5 billion in the city’s biggest IPO of the year, reports R... Read more
TikTok parent company ByteDance has removed any online access to one of its social networking apps in a move that signals the world’s most valuable unicorn is further consolidating operation... Read more
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