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China EV maker NIO claims no plans to raise prices in the short term
1 min read
Recently, several automakers hit by raw material price variations have announced price increases. In response, NIO stated that price stability is beneficial to both users
Microsoft announced its fifth Azure data centre in China
2 mins read
Microsoft announced the opening of its fifth Azure data centre in China. The new data centre located in North China’s Hebei Province, was officially put
Chinese Online Grocer Dingdong apologises for the food safety issue
2 mins read
Dingdong (Cayman) Ltd, one of the most popular Chinese online grocers, apologised for its food safety issue after being accused of selling expired products.
Chinese tech stocks rise sharply after a record-breaking drop since 2008
4 mins read
The drop pushed the prices to a record low since the 2008 financial crisis. However, the stocks began a strong rebound from Wednesday (16 March)
What led to the flash crash in China Concepts Stock?
5 mins read
In the past 15 months, China Concepts Stock’s market value has plummeted by nearly 10 trillion yuan ($1.37 trillion), which is equal to 10% of
Alibaba’s former vice president joins DingTalk as COO
2 mins read
Ku Wei, former VP of Ali Group, has been appointed as the COO of DingTalk, an Alibaba-backed all-in-one workplace mobile platform.