Bilibili is one of China’s leading online video sharing and entertainment platforms and was listed on Nasdaq in March 2018.
The so-called technology innovation board will mainly host companies in technology and emerging sectors, such as high-tech equipment manufacturing, new energy, biotechnology, big data and cloud computing.
Hong Kong had a life and health insurance premium to GDP ratio of 17.94% in 2017, the second-highest in Asia after Taiwan.
This spells the latest blow to HNA Group which lately has done a series of divestments to slash debt at the aviation-to-financial services group.
The inspections, starting from Sept. 5, will cover all ride-hailing service platforms nationwide
China Eastern Airlines Corp will use the proceeds to expand its fleet and to replenish working capital
Leshi’s parent LeEco was once China’s Netflix-to-Tesla contender but ran into a cash crunch in late 2016 after expanding too fast.
After only eight months as chairman, Sun Hongbin, also chairman of Leshi’s second largest shareholder Sunac China Holdings Ltd, has decided to leave.
China’s e-commerce giants have pushed into traditional retail. In November, Alibaba Group Holding Ltd said it would invest $2.9 billion in China’s top hypermart operator Sun Art Retail Group Ltd for a major stake.
Fosun saw its CEO and vice president step down in a surprise reshuffle in March.