China Daily

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Tencent becomes Asia's most valuable company

Shares of Tencent closed at HK$420 per share, putting its market value at US$510.7 billion.

November 20, 2017

Sharing economy gets credit edge

Alibaba's arm Zhima waives deposit for trustworthy users renting bikes, cars and short-term housing.

November 20, 2017

China continues net cash injection into market

The PBOC conducted 100 billion yuan of reverse repos, pumping a net 20 billion yuan into the market.

November 20, 2017

Bitcoin soars past US$8,000 as technology shift concern vanishes

Even as many skeptics call the asset a bubble waiting to pop, it's becoming too big for many on Wall Street to ignore.

November 20, 2017