Business News
Latest business news and updates
Total: 2945
A Three-Year ‘Patch’ for Hangzhou High-Tech: The Fragility of Disclosure in China’s Mid-Cap Market
Hangzhou High-Tech has issued massive corrections to three years of financial reports, revealing significant errors in production data and previously hidden related-party transactions. The disclosure crisis coincides with deepening financial losses and a reliance on a 200-million-RMB bailout from its controlling shareholder.
Disrupting the Crisis: China’s Most Beloved Retailer Brings Radical Transparency to Real Estate
Pang Dong Lai, China's highly-regarded retail chain, is investing 6.5 billion RMB into a massive mixed-use real estate project called 'Dream City.' Founder Yu Donglai plans to apply the company's trademark radical transparency to property development, disclosing all costs and limiting profits to ensure housing quality and employee welfare.
Stability and Selection: China Extends Xinjiang Cotton Price Targets Through 2028
China has extended its Xinjiang cotton target price policy through 2028, maintaining a floor price of 18,600 yuan per ton. The updated framework introduces a production cap for subsidies and emphasizes ecological protection and high-quality fiber production over raw volume growth.
The Death of a Phoenix: How China’s Most Notorious Shell Company Finally Ran Out of Lives
The delisting of *ST Rock (600696) marks the end of a 33-year history of market manipulation and shell survival on the Shanghai Stock Exchange. Long known as the 'undying phoenix' for its ability to avoid delisting through constant rebranding, the company finally succumbed to China's modernized, stricter regulatory environment.
Lenovo’s AI Pivot Delivers Record Results as Yang Yuanqing Eyes $100 Billion Horizon
Lenovo reported record fiscal year 2025/26 revenue of $83.1 billion and a 42% surge in net profit, driven by the massive commercial success of its AI-centric hardware and services. The company has successfully diversified its revenue streams, with AI-related business now accounting for nearly 40% of its quarterly intake as it eyes a $100 billion future valuation.
China’s Tech Engine Roars as Semiconductor Sector Leads Broad Market Recovery
China's STAR 50 index spiked over 5% on record-breaking trading volumes, driven by a massive rally in the semiconductor and AI-related sectors. The surge highlights a significant capital rotation toward high-tech self-reliance as domestic chipmakers hit historic highs.
The God of Retail: Toshifumi Suzuki’s Global 7-Eleven Empire Outlives Its Architect
Toshifumi Suzuki, the visionary who brought 7-Eleven to Japan and eventually took over its global operations, has died at 93. His innovations in logistics and fresh-food retail transformed the convenience store into a vital social infrastructure, leaving behind a legacy that now faces unprecedented acquisition pressure from foreign competitors.
The Billion-Dollar Panty Liner: Inside China’s Snow Lotus 'Miracle' Cure Controversy
Jintian International is under fire for marketing basic sanitary pads as medical cures through a controversial direct-selling model. By exploiting patent loopholes and moving sales to private offline channels, the company continues to thrive despite repeated regulatory penalties and allegations of operating a pyramid scheme.
The Glass Ceiling: Global LCD TV Panel Prices Hit a Plateau as Rally Loses Steam
Global LCD TV panel prices have ceased their upward climb, entering a period of stabilization that is expected to last through June 2026. While downward pressure is anticipated for July, analysts predict a 'soft landing' rather than a significant price crash due to controlled production cycles.
Alibaba’s AliExpress Targets South Korea: A Strategic Offensive in the Battle for East Asian E-Commerce
AliExpress is tripling its investment in South Korea and launching its 'Brand+' initiative to attract high-quality Chinese labels. With 50% of orders already reaching customers within three days, the platform is positioning itself to challenge local leaders like Coupang.
The Great Unwinding: Japan’s Strategic Retreat from the US Treasury Market
Japan’s massive $47.7 billion sale of US Treasuries signals a significant shift in its role from a passive ally to a strategic actor defending its own currency and trade interests. This divestment, prompted by Yen instability and US trade protectionism, highlights the growing fragility of the US debt-based global order.
Closing the Offshore Loophole: Beijing Dismantles the Gray Market for Cross-Border Brokerage
China has initiated a two-year campaign to eliminate unauthorized cross-border securities trading, levying over 2.2 billion RMB in fines on major platforms like Futu and Tiger Brokers. The policy aims to force retail capital into state-regulated channels while tightening control over capital outflows and financial data.