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China added 1 unicorn per week last year despite slumping global investments thanks partly to AI frenzy, report says

China s Wanda to sell remaining stake in cinema investor

DALIAN, China Dalian Wanda Group, China's largest mall operator, will sell its remaining shares in an investment arm to a domestic film production company,…

DALIAN, China Dalian Wanda Group, China's largest mall operator, will sell its remaining shares in an investment arm to a domestic film production

Chinese flying taxi maker EHang rejects US short seller s fraud accusations over firm s 1,300-unit pre-orders

Chinese flying taxi maker EHang Holdings has rejected allegations of fraud levelled against it by US short seller Hindenburg Research, which claimed in a report that the Guangzhou-based company was exaggerating the number of its orders and misleading investors. EHang blamed the short seller's "cursory and incomplete understanding" of its industry for a report that contained "untrue statements and misinterpretation of information" about the firm's operations and financial condition, according to

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