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Chinese financial services platform 9F Group files for U.S. IPO
Business2019-07-26 10:07August 19 2019 09:23:21

Chinese financial services platform 9F Group files for U.S. IPO

Chinese digital consumer credit services provider 9F Group filed on Thursday with the U.S. Securities and Exchange Commission to raise up to 150 million U.S. dollars in an initial public offering (IPO).

New round of China-U.S. trade talks to be held next week in Shanghai: MOC
Business2019-07-25 15:22August 19 2019 09:23:21

New round of China-U.S. trade talks to be held next week in Shanghai: MOC

The 12th round of China-U.S. trade talks are expected to be held in Shanghai from July 30 to 31, 2019, China's Ministry of Commerce announced on Thursday.

Tiktok to build data center in India to store user data locally
Business2019-07-24 15:39August 19 2019 09:23:21

Tiktok to build data center in India to store user data locally

The popular Chinese video sharing platform TikTok is said to be building a new data center in India, according to Britain's Financial Times.

China's New Oriental posts upbeat quarterly revenue, shares surge
Business2019-07-24 09:07August 19 2019 09:23:21

China's New Oriental posts upbeat quarterly revenue, shares surge

Shares of New Oriental Education & Technology Group Inc. (New Oriental), a leading provider of private educational services in China, soared on Tuesday after the company reported quarterly revenue and next-quarter guidance that topped analysts' expectations.

Limiting 5G suppliers to Britain would lower security standards: lawmakers
Business2019-07-20 12:31August 19 2019 09:23:21

Limiting 5G suppliers to Britain would lower security standards: lawmakers

Britain only has three potential 5G suppliers including Chinese telecom giant Huawei, and limiting the field to just two would result in "less resilience and lower security standards," a British parliament committee said on Friday.

Huawei says it has secured 50-plus 5G contracts, 28 from Europe
Business2019-07-19 09:04August 19 2019 09:23:21

Huawei says it has secured 50-plus 5G contracts, 28 from Europe

Huawei board member and Senior Vice President Catherine Chen said on Thursday that the Chinese technology giant has signed over 50 5G commercial contracts across the world.

Chinese game-streaming platform DouYu International debuts on Nasdaq
Business2019-07-18 09:19August 19 2019 09:23:21

Chinese game-streaming platform DouYu International debuts on Nasdaq

Chinese video-game live-streaming platform DouYu International Holdings Limited rang the Nasdaq Stock Market opening bell on Wednesday in celebration of its initial public offering (IPO).

Chinese holographic AR platform WiMi Hologram sets terms for U.S. IPO
Business2019-07-16 09:30August 19 2019 09:23:21

Chinese holographic AR platform WiMi Hologram sets terms for U.S. IPO

WiMi Hologram Cloud Inc., a leading holographic augmented reality (AR) application platform in China, announced terms on Monday for its initial public offering (IPO) on the U.S. stock market.

Facebook to pay 5 bln dollars fine for privacy violations: source
Business2019-07-13 10:50August 19 2019 09:23:21

Facebook to pay 5 bln dollars fine for privacy violations: source

The U.S. Federal Trade Commission (FTC) approved a settlement involving about 5 billion U.S. dollars with Facebook over its probe into the tech giant's privacy violations, The Wall Street Journal reported Friday.

China's Huawei unveils 1st 5G smartphone in Kuwait
Business2019-07-12 09:31August 19 2019 09:23:21

China's Huawei unveils 1st 5G smartphone in Kuwait

Chinese technology and smartphone giant Huawei unveiled its first 5G-enabled smartphone HUAWEI Mate 20 X on Thursday to Kuwaiti consumers.

China now has 21.24 million .cn domain names
Business2019-07-09 13:18August 19 2019 09:23:21

China now has 21.24 million .cn domain names

The China Internet Network Information Center (CNNIC) says the number of China's top-level domains using .cn stood at 21.24 million at the end of last year, down 1.4 percent from the previous year.

Chinese streaming platform DouYu International sets terms for U.S. IPO
Business2019-07-09 08:51August 19 2019 09:23:21

Chinese streaming platform DouYu International sets terms for U.S. IPO

DouYu International Holdings, a live e-sports streaming platform in China, announced terms for its initial public offering (IPO) on the U.S. stock market on Monday.

China's CITIC teams up with Japan's Itochu to boost investment
Business2019-07-06 10:35August 19 2019 09:23:21

China's CITIC teams up with Japan's Itochu to boost investment

Xinjin Investment Holding, an investment platform backed by the China International Trust Investment Corporation (CITIC) Group, signed a memorandum of understanding (MoU) on strategic cooperation with Japanese trading house Itochu Corporation on Friday to jointly ramp up investment in businesses in high-end manufacturing, information and other promising industries around the world.

Chinese smart card producer to roll out digital platforms in East Africa
Business2019-07-02 13:25August 19 2019 09:23:21

Chinese smart card producer to roll out digital platforms in East Africa

Chinese smart card manufacturer XH Smart Tech (China) Co., Ltd. said on Monday that it plans to roll out its innovative financial digital platforms in East Africa.

Japan to restrict exports to South Korea, citing less trust
Business2019-07-01 16:41August 19 2019 09:23:21

Japan to restrict exports to South Korea, citing less trust

Japan is imposing restrictions on exports to South Korea, citing a decline in "relations of international trust" between the Asian neighbors.

Huawei sues U.S. Commerce Department for equipment seizure
Business2019-06-23 10:02August 19 2019 09:23:21

Huawei sues U.S. Commerce Department for equipment seizure

China's tech giant Huawei filed a lawsuit on Friday against the U.S. Department of Commerce over its unlawful seizure of Huawei's telecommunication gear shipped to the United States for a testing.

China A-shares to join FTSE GEIS on June 24
Business2019-06-22 10:07August 19 2019 09:23:21

China A-shares to join FTSE GEIS on June 24

FTSE Russell, a leading global multi-asset index, data and analytics provider, announced Friday that it will add Chinese A shares to its widely-tracked global benchmarks commencing June 24.

US tech giants object to new computer tariffs
Business2019-06-21 10:19August 19 2019 09:23:21

US tech giants object to new computer tariffs

Leading United States tech giants are joining forces to oppose Washington's proposal to include laptops and tablet devices among around $300 billion in Chinese imports targeted for additional tariffs of up to 25 percent.

China online sellers see robust sales in mid-year shopping spree
Business2019-06-20 13:24August 19 2019 09:23:21

China online sellers see robust sales in mid-year shopping spree

Major Chinese online shopping platforms have posted strong sales growth in a mid-year shopping festival that underlines robust consumer spending in the world's second-largest economy.

China firmly opposes suppression of China's development using rare earths
Business2019-06-17 13:23August 19 2019 09:23:21

China firmly opposes suppression of China's development using rare earths

China firmly opposes any attempt to use products made with rare earths from China to suppress China's development, the National Development and Reform Commission (NDRC) said on Monday.

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