Midea

New Business

Chinese firms set aside US$2.7 billion for stock buy-backs as Trump’s tariffs roil markets

China’s publicly listed companies have unveiled at least 20 billion yuan (US$2.73 billion) in buy-backs this week, as they set…

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New Business

Are China’s biggest firms turning the page on 996-style work culture?

Since late February, the employees of DJI – China’s premier drone maker – have conducted an unusual nightly ritual. At…

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New Business

Hong Kong’s IPO market to end 3-year slump amid China support, rising confidence

Initial public offerings (IPOs) in Hong Kong are bouncing back, shaking off a slow start to the year as more…

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New Business

Hong Kong to boost financial reforms to aid Chinese firms, Paul Chan says

Hong Kong plans more financial reforms to aid mainland Chinese companies facing investment and funding challenges in Western markets, the…

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Tech

Meituan reports robust revenue, profit growth in second quarter on ‘value for money’ approach

China’s largest on-demand service provider Meituan reported on Wednesday a 21 per cent jump in second-quarter revenue, bolstered by steady…

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New Business

Meituan launches 30-minute delivery services for home appliances in China in Midea deal

Chinese food delivery giant Meituan has partnered with Midea, one of the world’s largest home appliances makers, to enable app…

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