The company was put under cybersecurity probe two days after its New York IPO, and dozens of its apps have been absent from China app stores since July 2021. The investigation focuses on violations in…
Monthly Archives For May 2022
China’s non-state refineries buying Russian oil at steep discounts
China’s purchases of Russian crude and petroleum products … because the potential introduction of US secondary sanctions on third-country entities doing business with Russia could lead to the …
REFILE-WRAPUP 1-Beijing curbs public transport as COVID spreads in China
* Beijing shuts more than 40 metro stations, 158 bus routes * Zhengzhou to enforce strict COVID curbs in coming week * Shanghai finds it difficult to exit month-long lockdown BEIJING/SHANGHAI, May …
Beijing closes 40 subway stations and 158 bus routes in an effort to stop the spread of coronavirus. 51 new cases today
Stocks moved between … Australian retail spending and home loans have been released. Weather and fuel price effects were expected to weigh on Retail Sales in March while housing finance approvals …
In the News: Beijing Robotaxi Permits: China IP Criticism; and BlackRock Pensions Product
The Beijing municipal government has gradually expanded the permits … On April 25, BlackRock CCB Wealth Management, a joint venture between BlackRock and China Construction Bank, announced the …
Why some investors are banking on an HSBC breakup
STORY: The largest shareholder in Europe’s biggest bank is Chinese insurance giant Ping An Sources say it suggested spinning off the Asia business, which earns two-thirds of pre-tax profits Ping An …
Biden Accuses China Trying to Meddle With Competition Bill
(Bloomberg) — U.S. President Joe Biden accused China of trying to interfere in congressional negotiations over a broad competition bill that would bolster domestic semiconductor manufacturing.
In Line With Green Ambitions, China’s BGE Releases First-Ever ESG Report
BEIJING, CHINA, May 04, 2022 (GLOBE NEWSWIRE) — With China’s continuous progress in enabling high-quality development and pursuing its “dual-carbon” decarbonization drive, ESG has become a trend …
HIVE Blockchain Provides April 2022 Production Update
Our research from China with over 30 cities locked down has created an epic … These factors impact our gross profit margins. About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies Ltd.
SEC investigating Chinese ride-hailing group Didi’s $4.4bn US IPO
Beijing launched a national security probe into Didi Chuxing days after its New York listing, sending the share price plummeting © Alex Plavevski/EPA-EFE …
Didi is facing an SEC probe into its botched IPO, company says
Authorities from the powerful Cyberspace Administration of China accused Didi of breaking … taken a more cautious approach towards Chinese IPOs: In July, the SEC told its staff to ask for …
Tesla most ‘future-ready’ carmaker, China’s BYD rising: Report
The index, which has been compiled annually since 2010, bases its results on a combination of financial fundamentals, investors’ expectations of future growth, business diversity … “Zero COVID …
Beijing closes 10% of subway stations to stem COVID spread
BEIJING (AP) — Beijing on Wednesday closed around 10% of the stations in its vast subway system as an additional measure against the spread of coronavirus. The subway authority in a brief message said …
