Tencent Holdings

Here are some funds boosted by Taiwan Semiconductor’s record run

SINGAPORE (Sept 8): As many as 113 funds available for sale in Singapore have a stake in chip giant Taiwan Semiconductor Manufacturing Company (TSMC). TSMC rose 2.8% on Wednesday to close at a record high NT$166.50 ($7.18). This year, the stock has been o

China Focus

Tens of thousands of jobs go as China’s biggest banks cut costs

SHANGHAI (Sept 7): China’s four biggest banks reported that staff numbers fell by the most in at least six years in the first half, highlighting the possibility that employment has peaked at the firms that are the world’s biggest providers of banking

China Focus

Tencent now China's top company in private economy win

(Sept 5): Tencent Holdings has surpassed China Mobile to become the country's most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned enterprise.

In print this week

How Schroder Asian Growth Fund got its five-star rating

SINGAPORE (Sept 5): Asian stock markets have been on a tear since January, with the MCSI AC Asia Ex-Japan Index up nearly 20% over the past six months.
Samsung Electronics Co

Samsung, Tencent surge in race to become Asia's most valuable firm

SINGAPORE (Aug 24): Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia's most valuable company as expectations for robust earnings growth push their share prices to record highs.
Didi, Xiaoju Kuaizhi Inc

IPO

Uber China rival Didi said to consider US IPO in 2017

HONG KONG (May 16): Apple Inc may not need to wait that long before it reaps the benefits of investing US$1 billion in Chinese car-hailing service Didi Chuxing.
virtual reality (VR)

Gadgets

China’s virtual reality market will be worth US$8.5 bil and everyone wants a piece

BEIJING (May 6): Hip-hop dancers, military marchers and daredevils in winged suits are bringing China’s Internet titans into the world of virtual reality.
Didi, Xiaoju Kuaizhi Inc

Apple invests US$1 bil in Uber’s China competitor Didi

HONG Kong (May 13): Apple Inc invested US$1 billion ($1.38 billion) in Didi, the single largest investment the Chinese ride-hailing service has ever received as it battles Uber Technologies Inc.
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