Management

Hackers Steal 10 Million AcFun User IDs, Passwords

Hackers Steal 10 Million AcFun User IDs, Passwords

Hackers have stolen nearly 10 million items of user data from Chinese anime barrage video platform AcFun. The firm, which recently changed owners, has admitted the security measures were insufficient.

Jun 14, 2018
Liao Shumin
Frestech Denies Rumors of Bankruptcy Liquidation, Auctions Equities to Reorganize Business

Frestech Denies Rumors of Bankruptcy Liquidation, Auctions Equities to Reorganize Business

China’s embattled refrigerator maker Frestech Xinfei Electric denied rumors of bankruptcy liquidation, saying that its equity auction is part of business reorganization.

Jun 13, 2018
Xu Wei
Gree Withdraws Bid for NEV Materials Maker After Regulator Halts Deal

Gree Withdraws Bid for NEV Materials Maker After Regulator Halts Deal

Gree Electric Appliances has pulled out of plans to take a 20-percent stake in Changyuan Group after failing to obtain government approval.

Jun 13, 2018
Liao Shumin
Kuka Aims to Grab Up to a Third of China’s Robot Market by 2024, Local Head Says

Kuka Aims to Grab Up to a Third of China’s Robot Market by 2024, Local Head Says

Kuka, the German robot maker acquired by China’s home appliances giant Midea Group, intends to take a share of the…

Jun 13, 2018
Wang Zhen
Ctrip, Booking.Com Reinforce Ties Despite Crossing Paths in Global Market

Ctrip, Booking.Com Reinforce Ties Despite Crossing Paths in Global Market

Gillian Tans, chief executive of Booking.Com, has taken over as the Booking Holdings’ observer on the board of China’s…

Jun 12, 2018
Liao Shumin
Foxconn Is Investigating Labor Law Breaches at Kindle-Making Factory

Foxconn Is Investigating Labor Law Breaches at Kindle-Making Factory

Hon Hai Precision Industry, the world’s biggest electronics contract manufacturer better known as Foxconn, is investigating a factory which has…

Jun 11, 2018
Liao Shumin
China Has Memory Chipmakers Micron, Samsung and SK Hynix in Its Sights

China Has Memory Chipmakers Micron, Samsung and SK Hynix in Its Sights

China has kicked off an investigation into Samsung Electronics, SK Hynix and Micron Technology, the three semiconductor makers who control…

Jun 5, 2018
China Tax Haven Asked 2,118 Firms to Self-Inspect Two Months Before Fan Bingbing Scandal

China Tax Haven Asked 2,118 Firms to Self-Inspect Two Months Before Fan Bingbing Scandal

Tax authorities in Horgos in Xinjiang Uygur Autonomous Region asked 2,118 companies to self-inspect their accounts in April, two months…

Jun 5, 2018
Liao Shumin
Kweichow Moutai Pours USD450,000 Into Australian Scholarship Scheme

Kweichow Moutai Pours USD450,000 Into Australian Scholarship Scheme

China’s leading premium liquor producer China Kweichow Moutai Distillery Group has set up a USD450,000 scholarship program at the University…

Jun 1, 2018
Xu Wei
Ex-LeSports Team Secures USD5 Million for Blockchain Content Platform

Ex-LeSports Team Secures USD5 Million for Blockchain Content Platform

The team behind Leshi Holding’s now-defunct sports-streaming service, LeSports, has secured USD5 million in funding for the development of a…

May 30, 2018
Liao Shumin
Aolian, Truwin to Set Up Automotive Sensor Plant in China

Aolian, Truwin to Set Up Automotive Sensor Plant in China

Nanjing Aolian AE&EA and South Korean automotive sensor maker Truwin have signed a letter of intent to set up a manufacturing base in China.

May 29, 2018
Liao Shumin
Chinese Pharma Giants Spark M&A Flurry to Expand Revenue, Product Range

Chinese Pharma Giants Spark M&A Flurry to Expand Revenue, Product Range

Possessing variety of premium drugs with sizeable market share in a company’s portfolio drives large-scale pharmaceutical mergers and acquisitions as…

May 28, 2018
Wang Yue

Pages