Last month, Dai removed himself as the company's legal representative after the bike sharer was slapped with lawsuits over unpaid bills by suppliers
New regulation calls for better risk assessment and improved management of overseas investment projects Document comes amid rising criticism of infrastructure spending that some observers say has left recipient nations mired in debt
Revenue rose 24 per cent to 80.6 billion yuan in line with the consensus of 20 analysts Mobile games business reported 11 per cent sequential growth thanks to a seasonal boost
Academics say Beijing must spend less time placating state enterprises and oil the real engine of its economy Entrepreneurs need rule of law, not 'ruled by law'
The higher price reflects the new site's superior views, not a recovery in land prices, says senior analyst Goldin Financial won the tender for the second residential site on the runway of Kai Tak airport for HK$8.9 billion (US$1.14 billion)
Top executives face lawmakers over hack that has affected 9.4 million passengers, and say there was 'no attempt to cover anything up'
Sales of new homes fell 1.3 per cent from a year earlier in October
Sides have 'deepened mutual trust and understanding … managed our differences peacefully', says Singapore's Prime Minister Lee Hsien Loong Philippine President Rodrigo Duterte says biggest threat to safety in disputed waterway comes from countries outside the region
Babytree said it plans to raise as much as US$282 million from the offering, down from its initial target of US$1 billion The shares will be priced in a range between HK$6.8 and HK$8.8, with the offering starting on Thursday
Shares on the mainland also trade lower
Latest Chinese data shows economy is not collapsing, but raises questions about the outlook for consumer spending Data suggests government's stimulus efforts are starting to bear fruit
Average annual rents in Causeway Bay stood at US$2,671 per sq ft at the end of second quarter Sixth time in 30 years that Causeway Bay has been ranked number one
Chinese investors make a strategy U-turn as markets such as Vancouver and London are no longer so welcoming
Unnamed Hong Kong asset manager to act as fund distributor and manage fund whose initial size will be US$30 million Quantitative hedge fund will be domiciled in Cayman Islands
Here's what you need to know now for Tuesday, Nov. 13.
Builders are using tenders to avoid flooding the market with unsold property and openly reducing prices as market cools
Stock market has 'diverged completely' from country's economic fundamentals, says former vice-chairman of political advisory body Blames lack of confidence among Chinese investors for stock market weakness
Hong Kong lawmakers want to know exact details of hacking attack, which airline on Monday revealed had lasted for longer than it said earlier Tough new European Union privacy regulations came into force on May 25
Iconsiam has ultra luxury brands like Louis Vuitton and Hermes, posh condos and - soon - even its own monorail.
China central bank renews currency swap deal with UK of 350 billion yuan (US$50 billion) UK swap renewal came just two weeks after a similar credit line of 200 billion yuan with Japan
Management to promote more cooperation across different groups as part of a business restructuring Flagship messaging and social media app WeChat came about from internal rivalry
Will lag effects of interest rate hikes and the trade war with China show up in 2019?
Marketers are hungry for return on advertising spend, and they're starting to get just that.
The Dow Jones Industrial Average ended lower Tuesday after moving in and out of positive territory during the day.
Boeing falls Tuesday on a report that the aerospace giant withheld information about potential hazards connected with a new flight-control feature that is suspected of playing a role in last month's fatal Lion Air jet crash in Indonesia.
New yuan loans, a key source of funding for growth, halved in October from September Fiscal revenue, the source of government efforts, recorded a rare drop in October from the same month a year earlier
Texas-based homebuilder D.R. Horton Inc. is expanding operations in the U.S. by buying privately held Westport Homes for $190 million in cash.
TheStreet founder and Action Alerts Plus portfolio manager Jim Cramer breaks down Tuesday's market action.
When the inner circle of China's Communist Party endorsed a new direction for the country in December, 1978, few would have imaged the immense changes that would be unleashed. Late paramount leader Deng Xiaoping's push for 'reform and opening up' launched China's rise from the wreckage of the Cultural Revolution to the world's second-biggest economy and a major player on the international stage. To mark the 40th anniversary of the start of the process, the South China Morning Post takes an in-depth look at the forces that shaped that transformation, from the businesspeople who got industry moving to the political offensive that opened the door to the market system.