Business

Online video platform iQIYI debuts on Nasdaq

 iQIYI, one of the biggest video streaming platforms in China, traded on the Nasdaq on Thursday, pricing its IPO of 125 million ADSs at 18.0 U.S. dollars per ADS, for a total offering size of about 875 million dollars.

Company ordered to pay 40,000 USD for infringement of WeChat trademarks

A dietary supplement supplier has been ordered to pay 40,000 USD in compensation to internet giant Tencent for using the name and logo of Tencent's social media app WeChat to sell its products.

U.S. tariff proposals open Pandora's box: MOC

The United States' tariff proposals on imported steel have the risk of triggering a chain effect and spreading protectionism across the world, a spokesperson for the Chinese Ministry of Commerce said Thursday.

China has confidence to cope with any form of protectionist acts: MOC

China's Ministry of Commerce (MOC) said Thursday that China is confident it will be able to react against any form of trade or investment protectionist act.

China firmly adheres to opening-up policy: MOC

China's Ministry of Commerce (MOC) said on Thursday that external pressure will not change China's resolution and confidence in opening up.

Trade deficit with China a "Made-in-the-USA" problem: US economist

A US economist has said that America's total trade deficit, and its deficit with China, are "made-in-the-USA" problems and have nothing to do with China.

Chinese online video platform Bilibili debuts on Nasdaq

Bilibili Inc., a Chinese online platform for animated video, rang the Nasdaq Stock Market opening bell on Wednesday in celebration of its initial public offering (IPO).

Aliyun works with Chinese university to cultivate big data talent

Aliyun, Alibaba's Cloud computing subsidiary, has launched a cooperation program with a Chinese university to cultivate talent in the fields of Cloud computing, big data and artificial intelligence.

Apple unveils new iPad with pencil support at Chicago school

​Apple on Tuesday introduced a new iPad with a digital pencil to draw and write plus greater performance at a high school in Chicago. 

Huawei launches P20 and P20 Pro smartphones

​Huawei's latest smartphone, boasting a three lens, AI-powered camera has been officially launched in France.

Xiaomi unveils latest AI-enabled phone

​Xiaomi Corp unveiled its latest artificial intelligence-enabled smartphone on Tuesday, as the Beijing-based company stepped up efforts to consolidate presence in the premium segment.

Chinese hotel franchisor GreenTree Hospitality debuts on NYSE

Chinese franchised hotel operator GreenTree Hospitality Group Ltd. made its debut on the New York Stock Exchange (NYSE) on Tuesday, trading under the ticker symbol of "GHG".

Chengdu, Silicon Valley to build technology finance center

​Silicon Valley and southwest China's Chengdu City will set up a technology finance center in Chengdu, local authorities said Tuesday.

East Meets West over green finance as UK-China Centre established

At a meeting in Beijing, the Lord Mayor of the City of London, Charles Bowman and Dr. Ma Jun, Chair of the China Green Finance Committee, are set to jointly establish the new UK-China Green Finance Centre.

China set to take on US and UK crude oil features

The first ever crude-features contract for China has been launched. A report by Bloomberg said that the yuan-denominated futures traded at $68.47 per barrel for September settlement by 11:30 a.m. local time Monday.

Tencent listed as China's most valuable brand

​New analysis from market observation firms Kantar Millward Brown and Wire & Plastic Products Group now lists Tencent as China's most valuable brand.

China industrial profits up 16.1 pct in Jan.- Feb.

China's major industrial firms saw stronger profit growth in the first two months of this year, the National Bureau of Statistics (NBS) said Tuesday.

Dot art ideas create new opportunities for Chinese artists

The administrators of the relatively new "dot Art" Internet domain names recently dispatched a team of senior managers from the U.K. to China.

U.S. Starbucks eyes business expansion in fast-growing Chinese market

Major U.S. coffee chain operator Starbucks has full confidence that China will fundamentally change the company as the country has grown into Starbucks' 2nd-largest and fastest-growing market, said Starbucks CEO.

Facebook CEO apologizes for data breach scandal in newspapers

Facebook CEO Mark Zuckerberg Sunday apologized in full-page ads in several British and U.S. newspapers for a data breach scandal that puts the world's largest social media company under tremendous pressure.
 

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