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Category JD.com

China's tech index rides AI wave to 4 year high

China's tech index rides AI wave to 4 year high

Chinese technology shares rallied on Wednesday as renewed AI bets lifted a major Hong Kong index to a near four-year high. The Hang Seng Tech Index...
Bond sales by China brokerages reach record $29.4B in one month

Bond sales by China brokerages reach record $29.4B in one month

China’s securities firms flooded the debt market last month, unloading 209.4 billion yuan ($29.4 billion) in August, the largest monthly bond sale ...
Local price wars eat into Chinese e-commerce giants' profits

Local price wars eat into Chinese e-commerce giants' profits

China’s biggest internet platforms are embroiled in a costly fight to dominate the “instant retail” market, the rapidly expanding business of getti...
Shanghai regulator eyes a yuan-based stablecoin

Shanghai regulator eyes a yuan-based stablecoin

A Shanghai regulator reportedly held a rare meeting on stablecoins and cryptocurrencies. This comes in when the crypto market is printing green ind...
JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters

JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role