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PwC's China woes: Merchants Group unit latest to jump ship as auditor comes under scrutiny
South China Morning Post via Yahoo Finance· 1 day agoThe property development arm of state-owned China Merchants Group (CMG) has become the latest...
PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged...
South China Morning Post via Yahoo Finance· 4 days agoState-owned China Cinda Asset Management has become the latest major company to terminate its contract with PwC, after at least five big firms recently cut ties with the auditor amid growing ...
Tech war: China chip industry event woos fewer exhibitors amid market headwinds, US export...
South China Morning Post via Yahoo Finance· 1 day agoA key semiconductor industry event in China attracted a smaller number of exhibitors this year,...
Richard Li's FWD keeps 'close eye' on market amid rumours insurer will refile for IPO
South China Morning Post via Yahoo Finance· 1 day agoInsurer FWD Group Holdings said it is keeping "a close eye" on market conditions amid speculation...
China's Nio forecasts record EV sales in second quarter as incentives lure buyers
South China Morning Post via Yahoo Finance· 1 day agoChinese electric vehicle (EV) assembler Nio has forecast a strong improvement in car sales with deliveries between April and June expected to hit an all-time high. The Shanghai-based carmaker ...
Chip frenzy: AI promise propels semiconductor shares across Asia
South China Morning Post via Yahoo Finance· 1 day agoTaiwan Semiconductor Manufacturing Co's (TSMC) value soared by NT$1 trillion (US$30 billion) on...
New Nvidia Blackwell GPUs put China further behind global leading edge in AI chips amid US sanctions
South China Morning Post via Yahoo Finance· 4 days agoThe gap between China and the US in leading artificial intelligence (AI) chip technology is set to...
China-UAE hi-tech cooperation can expect close US scrutiny, pressure: experts
South China Morning Post via Yahoo Finance· 4 days agoAbu Dhabi's ambition to catch the artificial intelligence wave and upgrade its hi-tech industries...
TikTok says hackers targeted brands and celebrity accounts, including CNN
South China Morning Post via Yahoo Finance· 2 days agoShort video app TikTok has taken measures to stop a cyberattack targeting several well-known brand and celebrity accounts, including news network CNN, a spokesperson for the company said on ...
Tech unicorn Zhipu AI joins China's LLM price war amid new funding round
South China Morning Post via Yahoo Finance· 2 days agoOne of China's four artificial intelligence (AI) "tigers" has joined the price war on large language...