Mumbai overtakes Beijing to become Asia’s billionaire capital for first time
With 92 billionaires, Mumbai ranks third behind New York and London, but ahead of Beijing, and Shanghai. Tuul & Bruno…
IQiyi posts first year of profits and says it’s ‘excited’ about Sora
A view of iQiyi’s website featuring a variety TV show, taken on Tuesday, Aug. 22, 2023. Bloomberg | Bloomberg |…
Baidu says its ChatGPT rival Ernie bot has more than 100 million users
HANGZHOU, CHINA – NOVEMBER 23: People learn about Baidu’s artificial intelligence (AI) chatbot service ERNIE Bot during the 2nd Global…
Chinese online gaming stocks rebound after regulator’s assurance on new rules
A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December…
Tencent, Netease shares plummet on new China online gaming guidelines
A large number of people watch the live broadcast of the 2023 League of Legends Global Finals in Yantai, Shandong…
Apple CEO Tim Cook visits China as iPhone 15 faces challenging start
Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on Sept. 12, 2023, in…
Alibaba CEO Eddie Wu warns of being ‘displaced’
Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4,…
Hong Kong’s benchmark Hang Seng index closes in bear market territory
People standing in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong…
HKD-RMB dual counter scheme solidifies Hong Kong’s yuan trading role: HKEX
HONG KONG, CHINA – JUNE 05: A pedestrian walks by an electronic screen displaying the numbers for the Hang Seng…