China registered a whooping 2,041 government guidance funds with a total fundraising size of RMB3.7 trillion (US$ 530 billion) as of October 2018, falling short of the targeted fund accumulation of RMB11.8 trillion (US$1.7 trillion), according to a rep……

TigerShares, the asset management unit of Chinese online securities brokerage Tiger Brokers, launched its first exchange-traded fund last week to track the Nasdaq China US Internet Tiger Index, an index representing the performance of internet giants i……

China’s state-owned automotive manufacturer SAIC Motor has officially marched into the country’s online ride hailing market, currently dominated by Didi Chuxing, with the launch of its own ride hailing platform, according to a statement rel……

American Express (AmEx) has received approval from China’s central bank to kick-start its own payment network in mainland China through a joint venture formed with China’s fintech service company LianLian, according to a statement released ……

Chinese government has built an autonomous driving test site in Daxing district of Beijing at an old industrial compound made of construction waste. The site occupies nearly 373 thousand square meters and could support tests with a speed up to 8 kilome……

Chinese smartphone giant Xiaomi Corporation has officially entered the British market, with the global launch of its flagship Mi 8 Pro, marking its foray into the fourth European country within a year after Spain, France and Italy. The company’s ……

Fishermen in China’s Quanzhou city, Fujian Province suffered a petrochemical raw material leakage in the early morning of November 4. But not many people elsewhere in China knew of it as reporting on the incident has been tightly controlled. The leakag……

Chinese smartphone vendors saw their share of global shipment hitting a record high of 52% in the third quarter in 2018, despite global smartphone market continued to decline, according to a report released by analyst firm Canalys yesterday. During the……

Chinese esports team Invictus Gaming (iG) beat out European team Fnatic in a 3-0 sweep to win the Summoner’s Cup at the 2018 League of Legends (LoL) World Championship in Incheon, South Korea on November 3. China’s e-sports fans celebrated with a festi……

The world’s first artificial intelligence (AI) synthesis anchor, developed by China’s search engine operator Sogou, Inc. and claimed to have the same broadcasting ability as that of a human anchor, was unveiled at an internet exposition on ……