Denise Jia
Stories by Denise Jia
Two Chinese firms speed up Hong Kong’s express delivery market
Hong Kong has become a focal point for logistics firms wanting to expand internationally.
UBS close to selling Credit Suisse China joint venture to state-owned firm
UBS put Credit Suisse Securities (China) Ltd. up for sale after buying the rival Swiss bank last year.
JD Health’s family doctor service absorbed by core units as profits take turn for the worse
The decision came after JD Health reported a 38.7% fall in operating profit in Q1.
Citic Group picks up 60% stake in China Huarong Financial Leasing for $1.65b
China Huarong Financial Leasing is one of China’s earliest financial leasing companies.
TikTok parent ByteDance enters AI arena with Doubao
Doubao app has already exceeded 100 million downloads, with more than 26 million monthly users.
With only 12 listings, Hong Kong’s IPO market sees quietest Q1 since 2009
The IPOs raised $600m cumulatively, pushing the HKEX down to 10th place globally in IPO proceeds.
TikTok fears potential US ban may have cascading, global impacts
If the US bans TikTok, then Canada and the UK may follow suit.
ByteDance not looking to sell TikTok despite US ban threat
US lawmakers are divided on whether the bill ultimately seeks a ban or divesture of TikTok.
Time’s ticking for TikTok as threat of US ban bill looms large
The app aims to generate as much as $20b GMV in the world’s biggest consumer market.
Amid fears of US TikTok ban, ByteDance revives gaming ambitions
Move comes less than four months after it chose to wind down its Nuverse gaming brand.
