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China’s Alibaba launches Internet bank

MYbank, which is 30% owned by Alibaba-linked Ant Financial Services Group, will offer loans of up to 5 million yuan ($800,000).

The new Mercedes-Maybach S-Class

Mercedes-Maybach rolling out the door in China

Mercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year.

Carina Lau

Carina Lau launches online wine, champagne brand

Hong Kong Movie Star Carina Lau (刘嘉玲) is the latest Chinese celebrity to parlay her fame into wine.

OPUS HONG KONG

Most expensive flat in Asia sold in Hong Kong: Report

Swire Properties has sold a duplex apartment at Opus Hong Kong in Mid-Levels for HK$497 million, setting a record as Asia’s most expensive flat.

tripadvisor china

TripAdvisor launches rebrand of Chinese site

From now on, Chinese users will know TripAdvisor as Mao Tu Ying – which means ‘owl’ and ‘journey’ in English.

NetDragon headquarters

VIDEO: Chinese millionaire builds Star Trek office

China’s online gaming operator NetDragon has its headquarters modeled after the Star Trek’s Starship Enterprise, new reports have confirmed.

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