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
China is set to remove a cap on foreign ownership of insurance asset management companies in draft rules revealed on Friday, reports the South China Morning Post. The China Banking and Insur... Read more
The world’s largest equity capital market deals have taken place almost exclusively in Asia this year, an indication of the growing power of the region’s businesses despite market wobbles ne... Read more
Baidu-backed video streaming platform iQiyi has made hundreds of workers redundant after the Chinese company’s losses have swelled, significantly contradicting the company’s previous strateg... Read more
Maggie Wu, Alibaba’s long-serving CFO, is stepping down from the Chinese e-commerce giant as the company restructures in order to battle slowing growth and curb the fall of its share price t... Read more
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