China International Capital Corporation

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Chinese cosmetics firm Mao Geping prices shares at top end of range ahead of Hong Kong IPO

Chinese cosmetics giant Mao Geping priced its shares at the top end of an indicated range, as it aims to…

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New Business

Ant Group promotes finance chief Cyril Han to CEO as Alipay owner marks 20-year milestone

Ant Group, China’s biggest operator of mobile payment systems, is promoting its finance chief Cyril Han Xinyi to the CEO…

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New Business

China’s 2025 economic path previewed as central bank pledges ‘supportive’ monetary policy

China’s central bank governor on Monday pledged a “supportive” monetary policy stance and vowed to enhance countercyclical adjustment with a…

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New Business

China’s Nvidia wannabe, Tencent-backed AI chip start-up EnFlame, flags IPO intention

Tencent Holdings-backed Chinese artificial intelligence chip start-up Enflame has kicked off the “tutoring” process with an investment bank ahead of…

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Tech

Chinese AI start-up Baichuan raises US$700 million from Alibaba, Tencent, Xiaomi

Baichuan AI, one of China’s four so-called artificial intelligence (AI) tigers, raised about 5 billion yuan (US$687.6 million) in a…

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