The deal, expected late this month, will take CYVN's shareholding to 20.1% of Nio's total shares, the carmaker said in a statement
Chinese companies are asking Malaysian chip packaging firms to assemble chips known as graphics processing units (GPUs) amid concern US export restrictions could be expanded
A wave of Chinese EV makers are expanding in Europe amid slowing demand at home
High interest rates, sticky inflation and geopolitical tensions have seen share sales by Asia-Pacific companies touch their lowest levels since 2012
US security chiefs said last month they had uncovered a plot to kill Sikh separatist leader Gurpatwant Singh Pannun on American soil
France's revamped rules on EV subsidies include a new criteria for eligibility — the amount of carbon emitted in the making of cars, which is reportedly much higher in China
Evergrande sells 30% stake in Shanghai North Bund project, as property sector worsens amid negative buyer sentiment
China's video-game market jumped back up this year with domestic revenue topping 300 billion yuan for the first time
The bulk of market analysts surveyed recently expect the People's Bank of China to boost liquidity and keep the one-year medium-term lending rate unchanged on Friday
Some staff at German consultancy distanced themselves over an audit by the firm that found no forced labour at a Volkswagen joint venture in China's Xinjiang province
Country Garden said the sale of its holding in mall operator Zhuhai Wanda Commercial Management to Wanda Group should bring $428 million, which will go to the rejig of its offshore debt
Brite Semiconductor is part-owned by blacklisted SMIC and services six Chinese military units but still gets access to US tech and financial support; firm is now planning an IPO in Shanghai