Pony Ma, chairman of Tencent Holdings, has boosted his wealth by almost $8 billion this year as the Chinese web giant reported a big jump in earnings on Tuesday.
BEIJING (AFP) – Chinese ride-hailing company Didi accepted new users yesterday for the first time since 2021, after authorities fined the company for data security violations. Didi was one of the highest-profile targets of a sweeping crackdown on China’s tech sector launched in 2021, which wiped billions of dollars off the value of homegrown companies. […]
President Xi Jinping of China could be elected to a rare third term this November, and that event will likely dictate the direction of Chinese stocks leading up to and after the election.