Illustration of Chinese government pumping confidence into stock market

China’s state-driven stocks, and its corporate wars abroad

China's stock market rally is fast approaching its one-year mark, with the benchmark Hang Seng and Shanghai composite indexes both up around 40%. How much longer can it last, especially given the weak state of China's economy? And internet giants Meituan and DiDi have sued each other in Brazil, where they are competing in the takeout dining market. How is this case likely to end up?
New Gonow earnings

Dwindling sales of luxury RVs stall New Gonow earnings

The Chinese motorhome maker has announced plans for a temporary retreat from the top-tier RV market after delivering weak half-year results Key Takeaways: New Gonow’s revenue fell 2.4% and its…
With digital avatar, can Be Friends “forget” Luo Yonghao?

Be Friends charts new path without famous founder

The livestreaming e-commerce company’s revenue rose 8.7% in the first half of 2025, as it uses a matrix-based operation model and AI to rebuild after losing its popular lead host…