Citic Trust and CCB Trust will examine Zhongrong's current operations and help the firm come up with a repayment plan, but there are serious doubts on how much money investors will get back
Investors were in nervous mood ahead of a series of big policy meetings this week while worries on China’s ailing real estate sector continued to weigh
ByteDance and Flipkart are among the handful of names on the Japanese tech giant’s roster tipped to go public sometime soon
Data suggesting China’s long-struggling economy is finally stabilising and a tech surge following Arm’s successful stock launch powered a regional rally
Investors across the region were buoyed by upbeat news on US inflation which lengthened the odds on more Fed rate hikes next week
Apple's globally anticipated event to launch its latest iPhone 15 saw mixed reactions in China - the company's third largest market
Investor focus was on the release of the latest US inflation data and on China’s efforts to jump-start its stumbling economy
A former steel industry employee from a rural village, Hui enjoyed an astonishing rise to become China's richest man, but the bold days of using endless debt to build are now over
Factory and services activity slipped in August, according to data from China's National Bureau of Statistics, although owners said producer prices have improved
Investors responded to range of cues on Wednesday as Sino-US tensions, rate hikes, China’s property woes and US data all weighed on sentiment
Decision comes as state banks are tipped to cut interest rates on existing mortgages, while other cities could follow Guangzhou's move
Shares of the still loss-making automaker have rallied more than 333% over the past five days, reaching a valuation of roughly $190 billion