Tracy Qu

The second-biggest online shopping event of the year in China generated big sales, but not necessarily the windfall that retailers have come to expect, analysts say.

Chinese e-commerce giant JD’s second quarter net profit rose 92%, while revenue grew slightly amid fierce competition from Alibaba Group and PDD Holdings.

Alibaba delivered weaker-than-expected profit and revenue in the latest quarter as the e-commerce titan focused on getting growth back on track amid fierce domestic competition, a weakened Chinese economy and changing consumer behaviors.

SINGAPORE—China's internet giants are betting billions on incubating the country's OpenAI challengers, with Alibaba Group and Tencent leading the charge.

Chinese search-engine giant Baidu reported better-than-expected profit as its AI-related business continued to grow, offsetting headwinds from a slowing economy.

Chinese property stocks powered higher in mainland and Hong Kong stock markets, thanks to a barrage of measures from Beijing to stabilize the country’s struggling property market.

Major Chinese banks have cut their deposit rates, a move that could help ease pressure on lenders’ profits.

Major Chinese banks have cut their deposit rates, a move that could help ease pressure on lenders' profits.

The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba Group and PDD Holdings.

Chinese search-engine giant Baidu reported a rise in quarterly profit but lower revenue as advertising demand continued to be weak.