losses

New Business

China’s cattle farmers, in beef with importers, lobby for trade probe as prices drop

China’s beef farmers, struggling with steep losses as domestic prices plunge to an 11-year low, have successfully petitioned for the…

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New Business

New World Development sells Hong Kong sports park stake to parent to tackle debt

New World Development (NWD) has sold its stake in Hong Kong’s largest sports infrastructure project to parent Chow Tai Fook…

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New Business

Founder of Chinese AI firm DeepGlint, an early mover, steps back amid rising losses

The founder of Beijing-based artificial intelligence (AI)-based image recognition firm DeepGlint has stepped down as general manager, as the company…

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