Family Business News

Family-controlled companies, succession signals, ownership networks and Chinese business families across Southeast Asia and Greater China.

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Greater ChinaFinancial ServicesJingpost Desk2026-06-04

SCB X tempers Gen 2 growth ambitions

SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), expects to maintain single-digit loan growth for its Gen 2 businesses under a cautious strategy despite their strong growth potential.

Editor's Note

SCB X’s cautious stance on Gen 2 lending suggests Thailand’s fintech sector is prioritizing risk control over market share amid uncertain economic conditions.

Greater ChinaAI & Machine LearningJingpost Desk2026-06-03

Yip In Tsoi banking on major rejig

Yip In Tsoi Group, the century-old Thai conglomerate that built its reputation on trust and stability, is now betting its future on agility.

Editor's Note

Yip In Tsoi’s pivot from legacy trust to agile AI services pressures older Thai conglomerates to modernize or lose enterprise clients to digital-native rivals.

Greater ChinaAI & Machine LearningJingpost Desk2026-06-02

Alibaba elevates tech chief Wu Zeming to elite committee as AI push ramps up

Alibaba Group Holding chief technology officer (CTO) Wu Zeming has joined the company’s elite steering committee, joining co-founders Jack Ma and Joe Tsai in playing a central role in formulating the tech empire’s strategy.

Editor's Note

Alibaba’s CTO now sits alongside founders in strategy, making AI execution a board-level priority rather than a tech function.

ChinaManufacturingJingpost Desk2026-06-02

Huge state subsidies give China unfair edge over foreign rivals, OECD says

Chinese companies in 15 key industrial sectors received vastly more state support than their international competitors between 2005 and 2024, according to an OECD report released on Monday.

Editor's Note

OECD data confirms Beijing’s industrial policy has created a structural subsidy gap that foreign manufacturers cannot match without equivalent state backing.

ChinaSemiconductorsJingpost Desk2026-05-31

US takes step to halt Nvidia AI chip shipments to Chinese overseas subsidiaries

The US Department of Commerce moved Sunday to close a loophole that for the past year allowed Chinese companies to buy the world’s most advanced AI chips through their overseas subsidiaries.

Editor's Note

The US closing the overseas subsidiary loophole forces Chinese AI firms to rely on domestic alternatives, accelerating Huawei’s chipmaking ambitions.