Proposed regulations to severely limit online payments in China could shake up one of the country's most innovative and valuable markets, experts warned this week. If implemented, it would impose caps on the value of online transactions of as little as 1,000 yuan (US$157). http://www.scmp.com/tech/e-commerce/article/1854684/chinas-booming-e-commerce-market-faces-challenges-regulators-seek. Show More

99 Wuxian Appoints Investment Bank J.P. Morgan in Connection with its Strategic Review. 99 Wuxian conducted a Request for Proposal (RFP) with a number of high-profile global investment banks. The Board was pleased with the strong level of responses from global investment banks engaged in the RFP process and has engaged... Show More

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