Sequoia Capital’s Chinese affiliate is reportedly in the market to raise 20 billion yuan for a new Chinese currency fund and is banking on domestic investors as backers.
China issued a draft on easing rules on foreign investment in asset management businesses as part of efforts to attract overseas investors.
The Mills Fabrica, a Hong Kong-based incubator and VC firm, is looking to invest in Southeast Asian greentech startups this year.
China’s own anime-style games, including miHoYo’s Genshin Impact, Honkai series and HyperGryph’s Arknights drew attention at ACG event.
TikTok announced that it will offer text-only posts, becoming the latest tech giant to offer an alternative to embattled Twitter.
More than three years after China’s central bank started digital currency trials, adoption in one of the initial test beds, Suzhou, remains lethargic.
As China's car price war rages, Nio and Li Auto buck the trend by resisting cuts.
Audi is reportedly exploring the possibility of acquiring an electric vehicle (EV) platform from one of its Chinese competitors.
Hundreds of thousands of e-commerce live-streamers in China face competition from artificial intelligence-powered virtual hosts.