mainland China

Tech

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of…

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New Business

Exclusive | Qiandama’s funder GenBridge sees ‘substitution’ in China’s retail downgrade, tepid growth

“This is what I call the substitution effect,” Chang, founder and managing partner of Beijing-based VC firm GenBridge Capital, told…

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New Business

China hogs APAC fintech funds in first half amid global decline, investor caution: KPMG

China was one of the top destinations for fintech investments in Asia-Pacific (APAC) in the first half of the year,…

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New Business

Hongkong Land net loss expands 150% amid weak sales of mainland China projects

Hongkong Land, the biggest landlord in Hong Kong’s Central business district, recorded widening losses for the first half of this…

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Tech

CrowdStrike-Microsoft outage: China avoids disruption on back of cybersecurity drive

QAX, a spin-off from the enterprise business of Shenzhen-listed 360 Security Technology, said organisations on the mainland should “prioritise domestic…

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New Business

Deutsche Bank looks to Asia-Pacific wealth management business to drive core growth

“There is not one of our Asian markets where I would say that there is no growth. Asia-Pacific will drive…

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