Phate Zhang

Simon Hu, CEO of Ant Group, said in an internal email on March 12 that he will resign and will be in charge of Ant ecological social welfare-related projects in the future.

Chinese bike-sharing giant Hello Inc, formerly known as Hellobike, is set to go public in the US in the second quarter, raising $2 billion, according to jiemian.com, which cited people familiar with the matter.

Shares of Chinese social media and gaming giant Tencent Holdings plunged more than 4 percent in Hong Kong trading, amid reports by Bloomberg that the company has become the next target of China's increased regulation in the fintech sector.

JD.com's adjusted earnings per ADS for the fourth quarter were RMB 1.49, above Wall Street analyst estimates of RMB 1.24.

The Weibo accounts of Huobi, OKEx, and Binance have all been blocked on Thursday, which could signal that cryptocurrency investors may have to start worrying that something bad may be about to happen next.

Chinese chipmaker Loongson recently said that Loongson 3A5000 and 3C5000 made with 12nm process will be launched soon.

NetEase Cloud Music, a music app owned by Chinese tech giant NetEase Inc., plans to go public in Hong Kong and may formally file for an IPO next year, according to Jiemian.com.

"In fact, not only has demand not decreased, but sales of iPhone 12 and iPhone 12 pro have been better than expected."

The working group is scheduled to meet twice a year to share updates on technology and trade restriction policies between the two countries.

China's largest and smallest operators, China Mobile and China Broadcasting Network, announced plans to jointly build 400,000 700MHz 5G base stations this year at a network conference held on Wednesday.