Tech Giants

Alibaba Sets Up Northwest China Headquarters in Xian

Alibaba Sets Up Northwest China Headquarters in Xian

China’s internet giant Alibaba Group Holding Ltd. [NYSE: BABA] will set up northwestern headquarters in Xian, capital of Shaannxi province,…

Aug 21, 2017
Tang Shihua
NetEase's Terminator 2: Judgment Day Delay Testing

NetEase's Terminator 2: Judgment Day Delay Testing

Chinese internet company NetEase Inc. [NASDAQ:NTES] has announced a delay in testing its new mobile game Terminator 2: Judgment Day.

Aug 18, 2017
Chen Juan
Lenovo Earnings Swing From Black to Red in First Fiscal Quarter

Lenovo Earnings Swing From Black to Red in First Fiscal Quarter

China’s leading computer manufacturer, Lenovo Group Ltd. [HK:0992], has released its earnings report for the first fiscal quarter (April 1 to June…

Aug 18, 2017
Dou Shicong
Alibaba Leads USD1.1 Billion Funding Round for Indonesia’s Largest E-Commerce Platform

Alibaba Leads USD1.1 Billion Funding Round for Indonesia’s Largest E-Commerce Platform

Alibaba Group Holding Ltd. [NYSE: BABA] will continue its strategic expansion into Southeast Asia by leading a USD1.1 billion financing…

Aug 18, 2017
Zhang Xia
Alibaba’s E-Commerce Revenue Surges 60% in First Fiscal Quarter, Share Price Hits New High

Alibaba’s E-Commerce Revenue Surges 60% in First Fiscal Quarter, Share Price Hits New High

Chinese e-commerce giant Alibaba Group Holding Ltd.’s [NYSE:BABA] core business revenue more than doubled to make up the vast majority…

Aug 18, 2017
Zhang Xia
Tencent Feels Confident About Upcoming Video Games, Executive Says

Tencent Feels Confident About Upcoming Video Games, Executive Says

Chinese internet and gaming giant Tencent Holdings Ltd. [HKG:0700] is feeling very confident about the game products it has lined…

Aug 18, 2017
Dou Shicong
iPhone 7 Remains Most Popular Smartphone; Xiaomi’s Redmi 4A Ranks Fifth

iPhone 7 Remains Most Popular Smartphone; Xiaomi’s Redmi 4A Ranks Fifth

Apple Inc.’s [NASDAQ:AAPL] iPhone 7 and iPhone 7 Plus continued to be the most popular smartphones in the second quarter,…

Aug 17, 2017
Chen Juan
Minsheng Trust Strikes Deal With LeTV, Unfreezes USD180 Million in Bank Deposits

Minsheng Trust Strikes Deal With LeTV, Unfreezes USD180 Million in Bank Deposits

China Minsheng Trust Co. has reached a settlement with debt-laden Leshi Internet Information & Technology Corp. Beijing [SHE:300104], better known…

Aug 17, 2017
Liao Shumin
Tencent Stock Hits Historic High as Its Market Cap Passes USD413 Billion

Tencent Stock Hits Historic High as Its Market Cap Passes USD413 Billion

The price of Tencent Holdings Ltd. [HK:0700] shares rose 5.5 percent in today’s morning trading to hit an all-time high…

Aug 17, 2017
Liao Shumin
Tencent Holdings Posts Best-Ever Quarterly Results as Net Profits Grow 68 Percent

Tencent Holdings Posts Best-Ever Quarterly Results as Net Profits Grow 68 Percent

(Yicai Global) Aug. 17 -- Owing to increase of revenue from online games, WeChat payment and network advertising, the total…

Aug 17, 2017
Zhang Xia

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