CEO says it aims to become the world's 2nd-largest operator after Amazon Web
Ant Financial Services Group, the Internet finance arm of Alibaba Group Holding Ltd, said on Thursday it is investing huge amounts on being able to provide cash-filled virtual red envelopes via its Alipay Wallet application, during the upcoming Spring Festival that falls on Feb 8.
Analysts say current regulations are too conservative, and call for increased flexibility with higher threshold
Another high-profile business executive is reported to have lost contact with his employer, after being detained by the police to help with investigations into possible insider trading and stock manipulation.
Alibaba affiliate inching closer to planned public float, say analysts
Another leading Chinese Internet company has joined the highly competitive crowdfunding sector, close on the heels of e-commerce giants JD.com Inc and Alibaba Group Holding Ltd.
Sentiment improves on hopes of more policies for energy sector
Share prices of beleaguered coal and steel companies surged on Wednesday after Premier Li Keqiang vowed steps to cut overcapacity and overcome nagging problems.
Property group China Vanke Co Ltd's shares fell by as much as 11.35 percent during intraday trading at the Hong Kong Stock Exchange.
'Drinking and driving should never be mixed' is message of safety campaign
Sweden's home-furnishing giant Ikea Group is to donate one euro ($1.07) to United Nations Children's Fund and Save the Children, from every soft toy or children's book sold from its 18 stores in China until Feb 11.
Wyeth Nutrition, a unit of Swiss food giant Nestle SA, plans to add a more cultural feel to its brand marketing in China.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
