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News aggregate website faulted for fake ads - China Tech News
Tech

News aggregate website faulted for fake ads

Qutoutiao was found to allow ads of fraudulent weight-related drugs to be published on its platform
Dada raises US$368m from US trading debut - China Tech News
Tech

Dada raises US$368m from US trading debut

Shanghai-headquartered on-demand retail and delivery platform to use the proceeds for technology and research and development, and on marketing initiatives to grow its user base. 
Mixed performance for China's stock markets - China Finance News
Finance

Mixed performance for China's stock markets

Main equity indexes close mixed on Wednesday amid contracted turnover though banking, expressway and online travel shares posted strong performances.
Alibaba says it will demote top executive - China Tech News
Tech

Alibaba says it will demote top executive

E-commerce giant says senior vice president's "failure to manage family relations" after wife's accusations had damaged the company's business reputation.
Sony invests US$400 million in video site Bilibili - China Tech News
Tech

Sony invests US$400 million in video site Bilibili

Shanghai-headquartered Bilibili will offer Sony a 5-percent stake as the two come together on digital entertainment and media collaboration.
New valuation system for high-tech, innovation firms on STAR Market - China Finance News
Finance

New valuation system for high-tech, innovation firms on STAR Market

Policies from securities regulators are intended to clarify and accelerate new offerings from "high-technology and innovation firms" on China's sci-tech board.
Reforms accelerate launch of new medicines - China Economy News
Economy

Reforms accelerate launch of new medicines

Expedited approvals from China's drug administrative body, combined with new regulations, are making it easier for pharma companies to bring products to market.
HK bourse to remain top IPO market - China Economy News
Economy

HK bourse to remain top IPO market

The Hong Kong Stock Exchange will once again rank first globally in terms of IPOs this year, cementing its position as the world's leading fundraising hub, a KPMG report said.
Pinduoduo reports mixed financial results - China Tech News
Tech

Pinduoduo reports mixed financial results

Revenue surged 123 percent for the group-buying platform, although net losses more than doubled due to higher marketing and promotional spending.
Chinese firm snaps up Germany's Steigenberger hotels - China Company News
Company

Chinese firm snaps up Germany's Steigenberger hotels

Chinese hotelier Huazhu Group on Monday has agreed to buy the parent company of Germany's Steigenberger hotels for around 700 million euros (US$780 million).
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