Julianna Wu

China’s National Social Security Fund is the biggest external institutional shareholder of Ant Group.

Lufax’s initial public offering would become one of the biggest by a Chinese company in the US this year.

Alibaba is subscribing for a fifth of the available Ant shares in the IPO, that could raise as much as USD 35 billion.

Tencent’s Pony Ma registers the biggest personal wealth increase among all the names on the rich list.

When asked by KrASIA, Didi said that it does not have a definitive IPO plan.

The high-end smartphone makers Apple and Huawei are only separated by a mere 0.1% difference in market share.

Tencent’s blockbuster title Honor of Kings remains the top-grossing mobile game.

Retailer Suning is expanding quickly in China’s lower-tier cities.