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Yang Huiyan, 37, will assist her 64-year-old dad and founding chairman Yeung Kwok Keung in the day-to-day running of the business, helping to oversee strategic investments and new areas including retail.
BYD, which makes batteries for automobiles and mobile phones, is in the process of spinning off its vehicle-battery operations into a separate company before listing.
Daimler expressed an interest in increasing its holding to at least 65 percent from 49 percent.
Alarmed by a surge in defaults, fraud and investor anger, Chinese authorities are planning to wind down small- and medium-sized P2P lending platforms nationwide.
HNA is seeking buyers for all its overseas aviation and logistic holdings — purchased with more than $33 billion since 2010.
iQiyi’s shares are trading 10 percent above their IPO price, giving the company a market value of $14.4 billion.
The pension fund also aims to bolster investment portfolio performance by doubling the number of fund managers and raising their pay.
At least three Goldman bankers were implicated by the U.S. Department of Justice in a multiyear criminal enterprise.
The founder’s shift in focus comes as JD faces a bevy of problems from slowing economic growth in China to Liu’s recent arrest for alleged rape in the US.
Ant’s Alipay will provide online payments and other financial services to Europe’s governing body for soccer till 2026, encompassing an estimated 420 matches watched by billions.