Autonomous driving startup Pony.ai has put on hold plans to go public in New York through a merger with a blank-check firm at a $12 billion valuation, after it failed to gain assurances from Beijing…
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Hong Kong’s stock exchange has a record number of pending IPOs despite China’s crackdown, says new CEO
A record number of companies have applied for IPO listings with Ltd., the exchange’s CEO told Bloomberg in a Wednesday interview. About 200 companies have filed for listings even as China carries out …
CSL Roundup: Shenzhen beats Chongqing, Guangzhou crushes Qingdao
Shenzhen FC edged Chongqing Liangjiang Athletic 2-1, while Ai Kesen notched three goals to help Guangzhou FC thrash Qingdao FC 5-0 in the 14th round of the Chinese Super League (CSL) here on Wednesday …
TikTok owner set to sidestep Beijing crackdown on its way to riches
China’s dominant internet companies have had their wings clipped in brutal fashion. Beijing has been bearing down on the likes of Albaba and Tencent in a populi …
China bans karaoke songs out of tune with communist ideology
China is set to ban karaoke songs that contain “illegal content” and will draw up a list of blacklisted songs in the latest crackdown on culture by the Communis …
China Sentences Canadian Citizen to 11 Years for Espionage in Case at Heart of Diplomatic Standoff
Michael Spavor’s case, along with that of fellow Canadian Michael Kovrig, are widely seen as retaliation for Ottawa’s arrest of Huawei executive Meng Wanzhou.
China Opens Asia’s First Facility to Treat Medical Wastewater Using Electron Beam Technology
Asia’s first demonstration facility for medical wastewater treatment using electron beam (EB) technology commenced operation in China this year. “This is the first pilot-scale – 400 cubic meters per …
China sentences Canadian to 11 years in case tied to Huawei executive
A Canadian entrepreneur was sentenced to 11 years in prison Wednesday in a spying case linked to Beijing’s effort to push his country to release an executive of tech giant Huawei.
China’s NEV sales more than double in first 7 months
Sales of new energy vehicles (NEVs) in China more than doubled in the first seven months of the year as production and demand continued to recover, industry data showed on Wednesday. In the …
China sentences Canadian businessman to 11 years in prosecution tied to US pursuit of Huawei executive
A Canadian entrepreneur was sentenced to 11 years in prison Wednesday in a spying case linked to Beijing’s effort to push his country to release an executive of tech giant Huawei.
Wed. 8:53 a.m.: China sentences Canadian to 11 years in case tied to Huawei
A Canadian entrepreneur was sentenced to 11 years in prison today in a spying case linked to Beijing’s effort to push his country to release an executive of tech giant Huawei, prompting an unusual …
Soybean Futures Find Renewed Support as China Continues 5-Day Buying Spree
November soybean futures hit the highest level in more than a week with China on a five-day buying spree for U.S. soybeans. China’s appetite continued Wednesday with USDA confirming a a sale of …
Crypto Hack Earned Crooks $600 Million
In one of the largest cryptocurrency hacks to date, cyberattackers reportedly stole millions from the decentralized finance (DeFi) platform Poly Network.