Tencent Music Entertainment Group, the online music division of China’s largest social-media firm Tencent, has filed on Tuesday for a US$1 billion initial public offering (IPO) in the US. The company plans to raise as much as US$1 billion, in wha……

Chinese technology company Lenovo Group Ltd. announced the establishment of a joint venture in China with California-based hybrid cloud data services company NetApp, Inc. to deliver storage products and data management solutions for the country’s……

Viomi Technology Co. Ltd., a Xiaomi-backed seller of internet-connected home appliances, has raised about US$102.6 million on its debut at the US stock market. The company offered 11.4 million American depository shares (ADSs) at US$9 apiece, the lower……

Alibaba A.I. Labs, an artificial intelligence (AI) division of Chinese e-commerce giant Alibaba Group Holding Ltd., announced today that it will launch service robots for the hospitality sector in the coming October to raise its stakes in the booming A……

Alibaba Group Holding Ltd. has announced the setting up of a dedicated chip subsidiary and is aiming to launch its first self-developed artificial intelligence (AI) inference chip next year which will be used for autonomous driving, smart cities and lo……

Jack Ma, the founder of Chinese tech giant Alibaba Group Holding Ltd., said that blockchain technology will be meaningless if it can’t help transform the manufacturing industry and promote society’s development. “The data age is major opportunity for m……

China’s online lender Shanghai Lujiazui International Financial Asset Exchange Co. (Lufax) has attracted a potential investment from sovereign wealth fund Qatar Investment Authority (QIA). QIA has been negotiating the probable purchase of a minor……

Tianjin Tianhai Investment Co., Ltd., the investment vehicle of Chinese conglomerate HNA Group Co. that is widely-known for acquiring American company Ingram Micro, is facing a possible failure in its attempt to take over Chinese e-commerce platform Da……

Hong Kong-based cryptocurrency exchange Binance is set to begin a closed beta testing at Singapore fiat exchange on September 18, according to CEO Zhao Changpeng’s twitter handle. Initially, beta testing will be by invitation only. No further det……

GaoTeng Global Asset Management Ltd., founded by Chinese internet giant Tencent Holdings Ltd and investment management firm Hillhouse Capital Management Ltd., is planning to start accepting money shortly from retail Chinese investors who have existing ……