A Beijing court said on Friday the wealth manager had applied for bankruptcy on the grounds it could not pay its due debts and its assets were insufficient to pay all its debts

A probe into HyperVerse's supposed CEO suggests his identity is fake as none of his qualifications could be confirmed, a new report says

Financial officials in Beijing have been urging money managers to prioritise the launch of equity funds in a bid to support the country's flat equity markets

Electricity demand has surged due to the popularity of EVs, forcing officials to provide solutions that prevent power grids from being overwhelmed

Rates for ocean cargo have soared after an attempted attack on Wednesday and a bid to hijack a Maersk ship last Sunday; members of the UN Security Council have called on the Houthis to halt their attacks

Tencent and Netease shares rose after China removed a senior regulatory official and a state media commentary called for officials to end their 'erratic' oversight of the platform sector

Two of China's biggest state-owned banks and a leading joint-stock bank have stepped up reviews of smaller lenders, as debts from the intensifying property crisis hit the financial sector

The top six home sellers last year were all state-owned or state-backed developers, according to a private real estate survey

Factory activity slipped in South Korea, Taiwan, Malaysia and Vietnam in December, while data for China was mixed

Criticism comes after the Netherlands restricts export licence for top chip-machine maker, to prevent them being exported to Chinese firms

Beijing court rules that Alibaba's e-commerce practice known as 'choosing one from two' was an monopolistic abuse that caused JD.com severe damage, its rival said on Friday

US agencies suspect China is using artificial intelligence sift through an "enormous trove" of hacked personal data on American officials and other citizens to target specific individuals