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Tencent inks pact for data center efforts

[2018-12-26 08:00]

Technology giant Tencent has inked an agreement with the Guangdong branch of China Telecom on Tuesday for further cooperation and upgrade of the latter's data center services on the mainland.

CreditEase backing inclusive finance with cutting-edge tools

[2018-12-26 08:00]

Fintech conglomerate CreditEase is exploring measures to help small businesses to gain access to financing and embrace digital transformations, by building partnerships with digital solution providers.

State-owned department store chains to merge amid SOE reform trend

[2018-12-26 08:00]

Department store chain Guangzhou Grandbuy Co announced on Monday its controlling shareholder has agreed to acquire a 100 percent stake in rival chain Guangzhou Friendship Group Co.

Gaming firms hope to bounce back next year

[2018-12-25 07:29]

The Chinese government has resumed issuing approvals for gaming titles after a nine-month freeze.

Bioenergy sector powers up on government push

[2018-12-25 07:29]

Bioenergy is growing exponentially in China, thanks to support from government policies, industry insiders said.

Weibo plans to increase content-driven e-commerce investment

[2018-12-25 07:29]

Weibo Corp, a leading social media platform, is investing 2 billion yuan ($290 million) to support content-driven e-commerce, multichannel networks, online celebrities, actors, entertainers and agencies in the next two years, as it attempts to better cater to the tech-savvy younger generation.

Ping An unit lines up $15b for tech moves

[2018-12-25 07:29]

Ping An Technology, the Shenzhen-based high-tech arm of Ping An Group, will invest $15 billion on technology initiatives in the finance, healthcare and smart city sectors over the next 10 years, said a top executive of the company.

Equities recover on policy moves

[2018-12-25 07:29]

The Chinese A-share market is showing signs of picking up, following positive announcements made during the annual Central Economic Work Conference, which concluded on Friday.

Mobike CEO steps down amid uncertain future for bike sharing

[2018-12-25 07:29]

Hu Weiwei, co-founder of Beijing Mobike Technology Co Ltd, has stepped down as its CEO, placing more uncertainty on the future of the bike-sharing startup.

Shakeout looms on private funds

[2018-12-24 07:30]

A shaky stock market and stricter regulations have tested the wisdom of China's private funds this year, and some of them are expected to shutter, leaving the survivors with potential for high-quality growth, analysts said.

Fintech overseas IPO trend sustains pace

[2018-12-24 07:30]

In line with the trend in 2017, a number of Chinese fintech companies filed for an initial public offering or listed on stock exchanges in the United States and Hong Kong, market data showed.

Where goddesses loved & fought

[2018-12-22 06:59]

Around the 11th or 12th century BC a war was fought in western Anatolia in what today is Turkey. And it was fought not only between men, but also between gods and goddesses whose "immortal rage" - as Homer, the legendary author of the Iliad, put it - could not be thwarted.

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