Since last year, the regulators have taken actions to clean up off-market margin financing. The China Securities Regulatory Commission (CSRC) has previously prohibited securities companies from providing any convenience or service for the securities margin trading between their customers and other parties or between customers by selling umbrella trust on commission basis, P2P platform, self-developed margin trading services and systems and etc. Online financing has been officially prohibited.
Chinese online-to-offline (O2O) giant Meituan & Dazhongdianping has announced it will set up a college to train e-commerce personnel.
Baidu Inc, China’s largest Internet search company, posted its steepest-ever quarterly profit decline and slowest growth in revenue in nearly eight years, hit by a healthcare scandal that ensnared the company this year.
When senior Yahoo executives gathered for a management retreat in 2006, there was no outward sign of a company in crisis.
Yahoo Inc., once a Silicon Valley legend and Web pioneer, will turn into an investment company with a different name at closing of its deal with Verizon Communications Inc.
International Business Machines Corp's quarterly revenue beat analysts' expectations as the company's shift to high-growth areas such as cloud-based services begins to yield results.
Nintendo shares soared on Monday after its new augmented reality mobile app, Pokemon Go, burst out of the gate over the weekend in the U.S and in key markets around the globe.
Tesla Motors Inc Chief Executive Elon Musk said the electric car maker has no plans to disable its Autopilot feature in the wake of a fatal accident in which the driver of a Model S car was using the technology, the Wall Street Journal reported.
Shenzhen-based Da-Jiang Innovations, faced with competition from rivals such as Parrot and Xiaomi, pushes programming kit that lets drone buyers adapt them for use in areas such as science, agriculture and search and rescue
IKEA still has not made a final decision on whether to extend a recall into China, on adresser that's been blamed for several accidental deaths overseas.
China Vanke, the largest homebuilder in the mainland, is planning to spend 3.9 billion yuan to acquire commercial property companies from Blackstone Group.
A company is to be expelled from China's stock market following fraud during its IPO, the first time authorities have taken such action.
Ultra-cheap Ringing Bells Freedom 251 Android phone previously thought to be scam will ship in batch of 200,000 – but company will make loss on each handset
U.S. alleges ZTE violated rules related to Iran
The company is expected to offer refunds in what’s being reported as an unprecedented recall of more than 25 million dressers.
The world's largest mining company, BHP Billiton, has announced their plans to spend 900 million U.S. dollars in the next financial year on exploration for copper and oil.
Shareholders approved the plan to create a new class of shares and re-elected all eight directors at Facebook’s annual meeting
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