Management

CEO of Bike-Sharing Firm Xiaoming Resigns After Company Downsizes

CEO of Bike-Sharing Firm Xiaoming Resigns After Company Downsizes

Guangzhou Yueqi Information Technology Co. (Xiaoming) allegedly fired 99 percent of its staff, and workers said the firm’s controller disappeared…

Nov 24, 2017
Xu Wei
Mobike, Ofo Roll Out Bikes at Night to Thwart Guangzhou Government

Mobike, Ofo Roll Out Bikes at Night to Thwart Guangzhou Government

In the three months since the Guangzhou government prohibited groups from rolling out more shared bikes amid concerns about oversupply…

Nov 23, 2017
Zhang Xia
China Intercepts 93 Tons of Illegally Imported Plant Seeds Under ‘Green Bud’ Action Plan

China Intercepts 93 Tons of Illegally Imported Plant Seeds Under ‘Green Bud’ Action Plan

Chinese authorities at entry ports across the country have intercepted 27,031 batches, or 93,200 kilograms, of illegally imported plant seeds…

Nov 22, 2017
Ma Xiaohua
Qudian Starts USD100 Million Stock Repurchase Plan Amid Share Price Plunge

Qudian Starts USD100 Million Stock Repurchase Plan Amid Share Price Plunge

Chinese micro-lending platform Qudian Inc. [NYSE:QD] announced last night that it will initiate a stock repurchase plan and buy back…

Nov 22, 2017
Liao Shumin
Immediate Delivery Is Strategic Goal of Ele.me and Waimai.baidu.com, Says CEO

Immediate Delivery Is Strategic Goal of Ele.me and Waimai.baidu.com, Says CEO

The next decade will see the artificial intelligent (AI) and ‘Online Merge Offline’ (OMO) contribute to the rise of the…

Nov 22, 2017
Zhang Xia
Zhuzhou Times, French Rail Supplier Back Out of Proposed Takeover

Zhuzhou Times, French Rail Supplier Back Out of Proposed Takeover

Zhuzhou Times New Materials Technology Co. [SHA:600458] has decided to abandon its plan to acquire a French company that makes railroad dampers after failing to agree to terms for the deal.

Nov 22, 2017
Tang Shihua
Execs From Sunac, Vanke Take Seats on Homelink Real Estate Brokerage’s Board

Execs From Sunac, Vanke Take Seats on Homelink Real Estate Brokerage’s Board

Beijing Homelink Real Estate Brokerage Co., (Lianjia) one of China's largest real estate brokerage firms, changed its business registration information…

Nov 21, 2017
Liao Shumin
Fosun’s Founder Will Step Down as Chairman of Shanghai Subsidiary to Focus on Group-Level Operations

Fosun’s Founder Will Step Down as Chairman of Shanghai Subsidiary to Focus on Group-Level Operations

Fosun International Ltd. [HK:00656] founder Guo Guangchang said he will step down from his position as Shanghai Fosun High Technology Group Co’s board chairman.

Nov 14, 2017
Chen Shanshan
China’s Top 24 Live Streamers Earned Over CNY1 Million Each Last Month

China’s Top 24 Live Streamers Earned Over CNY1 Million Each Last Month

Some 2,100 online celebrities from China’s top seven broadcasting platforms earned a total of CNY310 million (USD46.96 million) last month,…

Nov 14, 2017
Zhang Xia
HNA Group Is to Rename Its Hong Kong Subsidiary as CWT International

HNA Group Is to Rename Its Hong Kong Subsidiary as CWT International

HNA Holding Group Co. [HKG:0521], Hong Kong-based subsidiary of HNA Group Co., will be renamed as CWT International Limited, which…

Nov 14, 2017
Chen Juan
Qudian Posts Strong Profit Growth Amid Public Criticism Against Its Business Ethics

Qudian Posts Strong Profit Growth Amid Public Criticism Against Its Business Ethics

Chinese peer-to-peer lending platform Qudian Inc. [NYSE:QD] has been widely criticized for its contentious profit model since its initial public…

Nov 14, 2017
Chen Juan
Alibaba Culture Entertainment Group CEO Denies Rumors of Departure from Firm

Alibaba Culture Entertainment Group CEO Denies Rumors of Departure from Firm

Yu Yongfu, chairman and chief executive of Alibaba Cultural Entertainment Group has denied reports that he has received approvals from…

Nov 13, 2017
Zhang Xia

Pages