Alibaba founder Jack Ma is no longer the richest man in China after Tencent’s Pony Ma, 48, worth $50 billion, surpassed Jack Ma’s $48 billion fortune, according to a Bloomberg report.

COVID-19 fortune: Tencent's Pony Ma dethrones Alibaba's Jack Ma to become richest in China

China's government is enlisting the help of Alibaba Group Holding Ltd and Tencent Holdings Ltd to expand colour-based systems for tracking individuals affected with the coronavirus nationwide.

China seeks help of national tech giants to track coronavirus with QR codes

In pics: Biggest one-day loss suffered by companies in 2018

Job ads posted by Alibaba Group Holding Ltd, Baidu Inc and Tencent Holdings Ltd were among those that deterred female applicants or objectified women, said Human Rights Watch in a report released on Monday

Chinese tech giants, the government under fire for 'men only' job ads