Phate Zhang
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Hong Kong-listed firm's share price doubles after Tencent takes stake
Feiyu was up 118% at one point in early trading and has now pared its gains to about 63%.
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Ant-backed bike-sharing firm Hello Inc files prospectus for Nasdaq listing
Hello Inc, a bike-sharing company backed by Chinese payments giant Ant Group, has filed a prospectus on April 24 for a planned listing on Nasdaq.
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ByteDance says in rare clarification it has no current plans to go public
TikTok owner ByteDance has finally responded officially after rumors continued to circulate about its plans to go public.
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Baidu creates China's first AI-powered diving training system
As one of China's strongest artificial intelligence (AI) technology giants, Baidu's technology is not only driving driverless vehicles but is now also being used in the field of sports - diving training.
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SMIC plans to sell its entire equity interest in subsidiary for $397 million
SMIC plans to sell its entire equity interest in its controlling subsidiary SJ Semiconductor Corporation for about $397 million, recording an unaudited gain of about $231 million, the leading contract chip maker in China said Thursday.
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Bitcoin falls below $50,000
Bitcoin fell below $50,000 for the first time since March 8, down more than 8% from 24 hours ago, Bitstamp data shows.
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Bitcoin keeps bleeding, drops 6% to below $53,000
In the past week, bitcoin's price has fallen about 17% from $63,640.
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China adds 8,679 new chip-related firms in Q1, up 302% year-on-year
Among them, 4,047 were registered in March, up 226 percent year-on-year, according to information from data provider Qichacha.
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China opens world's largest Internet test facility backbone network
With the help of FITI, the number of IPv6 addresses owned by China jumped to No. 1 in the world in early April, the report said.
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Luckin Coffee signs investment deal with two shareholders
Under the agreement, Centurium Capital has agreed to invest approximately $240 million in a private placement of Luckin Coffee's senior convertible preferred stock.