Starting this year, 30 per cent of the annual insurance premium earned from new coverage policies will be put into ...

Several state-backed financial institutions in China have already placed annual salary caps on their senior executives, the Post has learned, as Beijing pushes forward with a campaign to narrow the ...

Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX Logistics to ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...