China tech

Alibaba's quarterly revenues fell slightly short of analyst estimates.
China tech

Alibaba earnings drop on increased investment in new businesses

Chinese online retail leader expands stock buyback plan by 50%

3 August 2021
China's State Administration for Market Regulation is investigating auto chip distributors for driving up prices.
China tech

China agency hits auto chip distributors with price-gouging probe

Companies accused of driving up prices through monitoring and reporting clues

3 August 2021
Jack Ma attends the Bund Summit in Shanghai in October 2020: Ma's ill-calculated speech broke the logjam.
Opinion

China's campaign to regulate Big Tech is more than just retaliation

Beijing has legitimate reasons to rein in giants such as Didi and Ant Group

3 August 2021
An executive order by U.S. President Joe Biden bars American investors from buying several Hong Kong-listed companies controlled by the Chinese government as of Monday. 
Market Spotlight

Trading tax hike adds to Hong Kong market gloom

Ongoing pivot toward China tech stocks sees bears stalk Hang Seng benchmark

2 August 2021
"Whether it’s an opportunity or a crisis, K Street wins," an analyst said of the lobbying industry. (Photo by Wally Gobetz)
1 August 2021
A broadcast of Chinese President Xi Jinping speaking in Beijing. The Communist Party's Politburo confirmed tougher oversight of Chinese companies' overseas listings.
Economy

China's Politburo confirms clampdown on overseas tech listings

Data leaks designated an economic risk by Communist Party leadership

31 July 2021
A Xiaomi Mi 9 mobile phone: Xiaomi began focusing on quality and design several years ago with its Mi MIX flagship handset. 
Telecommunication

China's Xiaomi overtakes Apple as No. 2 smartphone vendor

Huawei's decline creates opening while Oppo and Vivo catch up

31 July 2021
Chinese regulators are reportedly concerned about the risk of Didi travel data leaking to the U.S.
China tech

Didi stock climbs on report of plan to go private

Ride-hailer denies tender offer brewing as China cracks down after New York IPO

30 July 2021
Didi is banned from recruiting new users and drivers and rivals want to shake its market lead. (Source photos by Getty Images) 
China tech

Didi's China rivals go full speed for customers after app ban

Smaller ride-hailing services shower new users and drivers with incentives

28 July 2021
Weixin is one of the most frequently used mobile applications in China.
China tech

Tencent halts sign-ups to China message app for 'security upgrade'

WeChat operator says it needs to comply with relevant laws

27 July 2021
The Chinese government plans a six-month crackdown on tech companies including Alibaba and Tencent. (Photo by Shunsuke Tabeta)
China tech

China launches 6-month intensive campaign to set Big Tech straight

Enforcement action follows sweeping investigation into Didi

27 July 2021
Tesla CEO Elon Musk will no longer attend every earnings call, starting next quarter, the tech billionaire announced Monday. 
Technology

Tesla makes record profit despite China headwind and chip crunch

Shanghai factory becomes company's main vehicle export hub

27 July 2021
Huawei had 11% of China's domestic cloud market in 2020, while Alibaba had a dominant 40% share. (Source photos by Reuters) 
Caixin

In depth: Darkening skies for China's cloud kingpins

Geopolitical friction pushes China out of the US, sharpens rivalry at home

24 July 2021
Companies involved in handling imports from non-European vendors on shopping platforms like AliExpress could now be legally liable if the products are defective. (Screenshot from AliExpress' website)
Retail

EU to force Chinese online vendors to play by its rules

New regulations tighten tax and compliance net for products imported into bloc

23 July 2021
"The fundamentals of the company still remain intact," Fred Hu said of Ant Group. 
Interview

Ant Group director sees relaunch of IPO 'before too long'

Primavera's Fred Hu: crackdown will make China tech sector 'more competitive'

22 July 2021
Traders work during the IPO for Didi Global on the New York Stock Exchange floor on June 30: Didi had already started trading when the regulator blew the whistle.
Opinion

China's tech giants must resolve dangers lurking in plain sight

Ant and Didi dramas essential to understanding Beijing's stock market experiment

21 July 2021
A trader works during the IPO for Chinese ride-hailing company Didi on the New York Stock Exchange in New York on June 30. 
Caixin

Chinese companies face rocky path in tapping US markets

Some firms seek alternate listings amid tighter scrutiny by both countries

20 July 2021
Unisoc has entered the first tier of global 5G vendors, but potential investors are balking at its self-valuation of 55 billion yuan -- nearly twice as high as what they consider fair value.
Semiconductors

China's Unisoc looks to cut ties with Tsinghua Unigroup

Mobile chipmaker seeks investors to ditch troubled parent on way to IPO

20 July 2021
Volkswagen plans to have six plants in Europe by 2030 to produce batteries for electric vehicles. (Photo by Kosei Fukao)
Automobiles

VW to make EV batteries with China's Guoxuan in Germany

German automaker eyeing Spain as another production base

19 July 2021
Nearly 21 million personal digital-yuan wallets have been created so far.
Economy

China's digital yuan pilot tally reaches $5.3bn in six months

Central bank white paper notes plans for more trials but no rollout date

17 July 2021
Huawei's share in China's cloud computing market is rising sharply. (Source photos by Reuters)
Caixin

In depth: Huawei's plan to snatch Alibaba's cloud crown

Gung-ho tech giant poses threat to market leader, switching from hardware to services

16 July 2021
Chinese ride-hailing giant Didi is under review by a multiagency regulatory team. (Source photos AP and Reuters) 
China tech

Chinese officials from 7 agencies join Didi investigation

Tax, transport and competition regulators part of on-site security probe

16 July 2021
The administration of President Tsai Ing-wen and major chipmakers are investing at least $300 million to create graduate programs for the semiconductor industry over the next decade. (Source photos by Taiwan's Office of the President and TSMC)
Semiconductors

Taiwan to invest $300m in grad schools to stem chip brain drain

TSMC and peers act as US and China ramp up investment in semiconductor talent

16 July 2021
Xi Jinping's crackdown on "illegal securities activities" has even stoked distrust on Wall Street, traditionally filled with China optimists. (Nikkei montage/Reuters/Xinhua/Kyodo)
China up close

Analysis: Xi's capital market crackdown has a 2022 timeline

With his term extension on the line, leader hurries to control tech giants

15 July 2021
The ride-hailing giant's quiet overseas share sale was followed by a devastating regulatory backlash. 
Caixin

How Didi's rush to raise funds in US backfired

IPO of ride-hailer with sensitive data came amid crackdown on internet platforms

14 July 2021