TMTPOST — Shenzhen Ruide Pharmaceutical has completed a first-round financing of nearly 100 million yuan, according to HLC. The round was jointly led by HLC and Qianhai Ark, with Shenzhen SME ...

Sumitomo Mitsui Banking Corporation has signed a memorandum of understanding with Ant International to cooperate on cross-border payments and mutual business expansion, focusing on Japan, Singapore ...

The People’s Bank of China conducted 412 billion yuan of seven-day reverse repurchase operations on October 27 using a fixed-rate, quantity-based tender that fully met primary dealers’ demand. The ...

Shoppers are testing AI chat for product shortlists while platforms weave assistants into the path to checkout. The technology fits messy retail decisions. Control of the first question—and trust in ...

Hong Kong’s securities regulator has halted trading in three listed companies and restricted more than HK$4.6 billion in assets while investigating whether IPO placings were propped up with recycled ...

SK Hynix completed its two-month, 40 trillion won share repurchase program on October 21 on the Korea Exchange. The company bought back 24.07 million shares, or about 3.3 percent of its outstanding ...

The CICC Cainiao Warehousing & Logistics Closed-End Infrastructure Securities Investment Fund listed on the Shenzhen Stock ...

Qoder, Alibaba Cloud’s AI coding product, has become a real business. At the Yunqi Conference in September, the team said annualized recurring revenue had reach ...

TMTPOST — Changzhou Greex Energy Technology has completed an angel financing round of tens of millions of yuan. The round was led by Saike Fund, with participation from the Ordos New Energy Research ...

TMTPOST — Juqiao Industrial has completed a Series A financing of 100 million yuan led by Ant Group, according to Duowei Capital. Existing shareholders Lingyi Venture Capital, Weihai Gangrong and ...

Tencent is not trying to out-build ByteDance app for app. It is trying to make the next wave of attention pay rent inside software people already open every day.

For a growing set of small and mid-size sellers, the event no longer multiplies orders the way it did a few years ago. Ad budgets rise; sales do not always follow. What changed is not only consumer ...