Foreigners in China will see single transaction limits raised to $5,000 and annual transaction limits increased to $50,000.
Luxury electric vehicle manufacturer Lotus Technology Co., Ltd. - owned by Geely Group - recently received approval for its IPO filing from the China Securities Regulatory Commission.
Shanghai-based HP Micro Semiconductor Technology Co., Ltd. has successfully completed the first phase of verification for its high-performance HPM6E00 chip, the first in China to feature an EtherCAT Slave Controller (ESC) authorized by Germany's Beckhoff.
Bao Fan, the CEO of China Renaissance, has stepped down from his position after a year of cooperating with an ongoing investigation and being out of the public eye.
The European Commission has approved a joint venture between Mercedes-Benz (China) Investment Co., Ltd. and BMW Brilliance Automotive Ltd., aiming to develop public charging infrastructure for electric vehicles in China.
Alibaba has been one of the Chinese internet companies that has been most aggressively repurchasing its shares in the past year.
Chinese EV maker Leap Motor has recently secured a strategic investment of HKD 659 million, following the Stellantis Group's previous investment of 1.5 billion euros.
On January 4th, the share price of leading sports technology company, Keep, fell by more than 30% during trading hours, reaching a new all-time low since its listing.
Delivery conditions have not been fully met, Baidu, Inc. terminates the $3.6 billion acquisition of YY Live.
Despite speculation from Chinese media outlets focusing on IPO news, Xiaohongshu has denied any immediate plans to go public.
The domestic entity behind the AI video generation tool HeyGen, Surreal AI, is currently planning to deregister its domestic company.
Chinese electric vehicle manufacturer NIO revealed on Monday that it has signed a share subscription agreement with CYVN Holdings L.L.C.,. Under this agreement, CYVN will make a total cash investment of US$2.2 billion in NIO.
Alibaba Group announced on December 15th that it has sold a portion of its stake in Xpeng Motors, reducing its shareholding from 10.2% to 7.5%.
On December 14th, NetEase's market value on the Hong Kong Stock Exchange reached HKD 53.06 billion, surpassing Meituan to become the fourth largest internet company in China by market capitalization.
Recently, William Li, the CEO of NIO, stated in an interview that there is no bet agreement between NIO and the government of Hefei. It has been 'overinterpreted'.
ByteDance, the parent company of TikTok, is allegedly proposing to repurchase approximately $5 billion in shares from investors, a move that would value the company at around $268 billion, according to two sources familiar with the matter, per Reuters.
On December 6th, Ximalaya denies recent plans to carry out a company-wide layoff of approximately 30%.
Insiders say that SenseTime is considering separating its autonomous driving and healthcare businesses for separate financing.
On December 4, Warburg Pincus officially announced that Wei Zhen will step down as the President of Warburg Pincus China. Fang Min and Zhou Lang will assume the roles of Co-Presidents of Private Equity Investments in China for Warburg Pincus.
Regarding the recent rumors of Jack Ma selling a large amount of Alibaba Group stocks, Jiang Fang, a partner and Chief Talent Officer at Alibaba Group, posted on the company's internal network today stating that "Jack Ma did not sell a single share."