Topics
Fintech/Internet Finance
From peer-to-peer (P2P) lending to third-party payment, from blockchain to data-mining, the intersection of finance and technology is drawing in new investments as well as more regulatory oversight in China.
In Depth: The Rectification and Remaking of Ant Group
Although the worst-case scenario of a breakup has been avoided, Jack Ma’s fintech behemoth will be forced to undergo a major restructuring
Cover Story: Unmasking the Architect of a Global Cybercrime Empire
Armed with multiple identities, Hu Xiaowei constructed an international network of businesses suspected of being used to launder the profits of Prince Group’s multibillion-dollar scams
Alibaba to Sell Gaming Unit as It Sharpens AI Focus
Deal with private equity firm Trustar Capital follows a similar move by ByteDance as Chinese internet giants shed non-core assets to focus on AI
Commentary: China’s Embrace of Cinematic Schlock Hides a Low-Key Protest
The viral box office success of the spectacularly terrible animated film ‘Niulai’ shows Chinese audiences would rather pay for a raucous disaster than sit through another mediocre blockbuster
In Depth: How Gamed AI Answers Can Lead Investors Astray
Generative engine optimization has emerged as a way to shape what chatbots say about companies, and its abuse threatens to undermine the integrity of financial information
CX Daily: Dating Apps Build a Business Around Catfishing Older Men
Court cases show how apps marketed as local matchmaking services used trickery to extract millions from men looking for romance
Tencent Shares Fall as AI Spending Squeezes Profit
The stock price drop underscores growing investor anxiety over the high costs of the global AI arms race, but the tech giant is betting increased token usage will deliver sustainable profits
Commentary: The Token Economy Is Here, and It Will Reshape Business
By drastically lowering coordination and motivation costs, artificial intelligence is rendering traditional corporate hierarchies obsolete and empowering the super individual
Tech Brief (Aug. 10): ByteDance Accepts AI Gap, Sticks With In-House Models
Moore Threads plans Hong Kong IPO, Unitree Robotics opens STAR Market IPO subscriptions
Weekend Long Read: A Soaked Market for Central China’s Watermelon Farmers
After heavy rains delayed their planting season, Henan’s harvest collided with a saturated market, sending prices plummeting
In Profile: The Reclusive Architect of Shein’s Global Rise
Founder Xu Yangtian built the company into the world’s largest online fast-fashion platform by marrying China’s manufacturing prowess with a data-driven supply chain
In Depth: At WAIC, China’s AI Boom Runs Into Commercial Reality
Chinese tech giants are pushing the limits of computing clusters, enterprise agents and robotics. But as the hype settles, the industry faces a grueling reality check on commercial viability and consumer demand
Opinion: Refining the Rules of AI
The faster the technology advances, the more firmly we must anchor it in benefiting humanity and the more precise our regulatory governance must become
Cover Story: China’s AI-Driven Robotics Boom Faces IPO Reality Check
Dozens of startups are racing to list with billion-dollar valuations, but fragmented training data and sky-high deployment costs stand in the way of turning the tech into a profitable business
In Profile: Billionaire Founder of Chinese Broker Futu Faces His Toughest Test
Li Hua revolutionized stock trading with social media-inspired features, but a regulatory crackdown on the Chinese mainland and a class action lawsuit in the U.S. threaten the online brokerage’s future
Commentary: America Risks an AI Bubble While China Risks Falling Behind
The generative artificial intelligence era requires relentless, heavy-asset spending that Chinese private markets are currently failing to supply
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