Chinese shares slumped on Monday as the education and property sectors were routed on worries over heavy-handed government regulations, after Beijing barred for-profit tutoring in core school subjects …
Monthly Archives For July 2021
Qualcomm marks Snapdragon X65 milestone ahead of China mmWave rollouts
With an eye toward rollouts in China, Qualcomm Technologies announced that it completed the world’s first 5G millimeter wave (mmWave) data connection with support for 200 MHz carrier bandwidth.
China tightens grips on local government hidden debt
SHANGHAI: China is stepping up restrictions on financing to local government financing vehicles (LGFVs) to mitigate risks from hidden debt, the …
What influencer Kris Wu’s scandal means for brands
Chinese-Canadian actor and musician Kris Wu was the poster boy for some of the world’s biggest luxury brands. But now, his #MeToo scandal could impact their sales.
Zhejiang Heda Technology’s IPO to debut on SSE STAR Market
Zhejiang Heda Technology (688296) to start trading on the Shanghai Stock Exchange’s STAR Market Jul 27, tomorrow. The firm has issued 26.85 mln shares priced at RMB 12.46 per share raising RMB 334.53 …
U.S.-China meeting off to a tense start as Beijing official says relations are in a ‘stalemate’
U.S. Deputy Secretary of State Wendy Sherman is in China for a meeting with her counterparts there Sunday and Monday.
Beijing says US responsible for standstill in relations
The standstill in U.S.-China relations was due to some people in the United States treating China as an “imaginary enemy”, state television quoted China’s Vice Foreign Minister Xie Feng as saying in a …
Ballet Founder and CEO on China’s Crypto Crackdown
Ballet Founder and CEO Bobby Lee, discusses China’s crackdown on crypto currencies, and suggests it may lead to a ban in the future. He speaks with Haidi Stroud-Watts Shery Ahn on “Bloomberg Daybreak: …
China Hong Kong is the second simplest jurisdiction for business in the latest report by TMF Group; Mainland China and Indonesia drop in complexity
China Hong Kong remains a great place for business according to the Global Business Complexity Index (GBCI) by TMF Group, a leading professional services firm.
China’s private education firms brace for hit from new rules, shares tumble
China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in core school subjects to ease financial pressures …
China reports 76 new Covid-19 cases, Nanjing starts second mass testing
Local infections accounted for 40 of the new cases, compared with only five a day earlier.. Read more at straitstimes.com.
Coronavirus latest: China’s new cases double
Nikkei Asia is tracking the spread of the coronavirus that was first detected in the central Chinese city of Wuhan. Cumulative global cases have reached 194,087,699, according to Johns Hopkins …
Chinese Tutoring Firms Extend Plunge as Beijing Cracks Down
A selloff in Chinese private education companies accelerated after Beijing announced reforms that rendered them “un-investable,” according to analysts.
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