Cheng Leng
Stories by Cheng Leng
Ant weighs financial holding company to placate regulators
Beijing has adopted a slew of rules in recent months to sharpen oversight of the booming sector.
Chinese regulator mulls digital tax on large data firms
China has vowed to strengthen oversight of its big tech firms including Alibaba and Tencent.
China’s Tianqi Lithium gets one-month reprieve on $1.9b loan repayment
Tianqi is one of the world’s top producers of lithium chemicals used in electric-vehicle batteries.
China steps ups scrutiny of tech giants with draft anti-monopoly rules
The new rules could apply to e-commerce, payments services and food delivery platforms.
How Jack Ma fell to earth and took Ant’s mega IPO with him
The regulatory system was stifling innovation, Ma had said in a summit in Shanghai last month.
Ahead of IPO, Ant Group faces an identity conundrum — is it a tech firm or a bank?
Ant says it's a tech company, but financial regulators say the firm is under their purview.
China’s Guolian Securities to acquire Sinolink to take on bigger rivals
China is encouraging mergers of the country's brokerages to create stronger players.
China’s ByteDance buys UIPay to leverage local e-payment capabilities
Established in 2012, UIPay obtained a third-party payment license from China's central bank in 2014.
BlackRock gets regulators’ nod to set up China mutual fund unit
China opened its giant financial sector to foreign companies this year as part of an interim trade deal with the United States signed in January.
China approves BlackRock, Temasek & CCB wealth management JV
The deal comes as China looks to open up its financial market to foreign firms.
