Chinese hotpot giant Haidilao is looking to raise $300 million from a stock placement to top up its capital reserves, days after a radical move to trim around one-fifth of its restaurants to... Read more
The share value of Contemporary Amperex Technology (CATL), the world’s biggest lithium-ion battery manufacturer, will see a boost from its inclusion next month in the CSI 300 Index, which tr... Read more
China’s largest private tuition provider, New Oriental Education & Technology Group, has announced that it will close 1,500 of its training centers in the wake of new regulations that pr... Read more
International consulting firm PwC will create 20,000 jobs in China in the next five years as part of a RMB 8 billion ($1.25 billion) cash injection that will double the size of the company’s... Read more
Chinese tech giant ByteDance, owner of short-video app TikTok, has revealed a major restructuring of its business, the first major change since the company’s founder stepped back in May, rep... Read more
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