China’s top banking regulator pledged to lower the risk of companies becoming “too big to fail” in financial innovation, suggesting the nation’s biggest technology companies will face increasing … ( read original story …)
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Shenzhen Dobot sets formal terms for board nomination committee to tighten governance
Shenzhen Dobot sets formal terms for audit committee to bolster governance and financial oversight
How China’s choice of politics over public sparked the COVID-19 pandemic
Shenzhen Dobot shareholders approve abolition of board of supervisors in governance overhaul
Shenzhen Dobot plans A-share listing on Shenzhen Stock Exchange to bolster growth
China Holds Military Drills Around Taiwan as a Warning Against ‘External Interference’ After U.S. Arms Deal
Fourace Industries secures RMB27.3 million compensation for Shenzhen land lease variation
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China Regulator Vows to Cut ‘Too Big to Fail’ Risk in Innovation
China regulator says financial innovation must not create oligopolies
China should ensure financial innovation maintains fair competition and does not create oligopolies or construct barriers to entry, a Chinese regulatory official said Saturday. Xiao Yuanqi, chief risk … ( read original story …)
China finds coronavirus on packaging of Saudi shrimp
The western Chinese city of Lanzhou said on Saturday it had detected the new coronavirus on the packaging of a batch of shrimp imported from Saudi Arabia, as China ramps up testing of frozen foods.…
Inside China Tech: Alibaba leads record Singles’ Day sales as tech antitrust cloud gather
Hello, this is Bien Perez from the South China Morning Post’s Technology desk, with a wrap of our leading stories this week. This November should have been a double-barrelled celebration for … ( read original…
China Eases Rules on Insurers’ Investment in Unlisted Firms
China will ease rules to allow insurers to invest in unlisted firms for financial purposes, part of its broader efforts to encourage equity financing. Insurers will no longer be restricted to … ( read original…
China’s BSN predicted as long-term global project, still ahead of others
China’s Blockchain Service Network may not have a global impact anytime soon, but the region’s national blockchain infrastructure continues to outpace other regions … ( read original story …)
5G users to account for 20% of China’s mobile base by June 2021: Huawei
Large cities including capital Beijing and Shenzhen already enjoy full 5G coverage and 5G deployments are also accelerating in Shanghai … ( read original story …)
A Wild Week in China Roils Tech Stocks, Debt Markets, Hong Kong
Chinese authorities moved on a number of fronts to rein in potential risks to the Communist Party’s rule, touching everything from tech firms to bond markets to political dissent in Hong Kong. ( read original…
IPO Update: Yatsen Holding Pursues $558 Million U.S. IPO
Yatsen Holding has filed proposed terms to sell $558 million of ADSs. The firm markets beauty care products via its online and offline networks in China. ( read original story …)
Liaoning tops CBA league with 11th win, Haddadi powers Sichuan past Shenzhen
(Xinhua/Jiang Han) Liaoning took the lead with an 11th win, Haddadi helped Sichuan past Shenzhen on the penultimate matchday of the first phase of the 2020-21 CBA season. ZHUJI, China, Nov. 14 (Xinhua … (…
Lincoln Project Ad Accuses GOP of ‘Acting like China, Iran, North Korea’ for Refusing to Accept Trump’s Election Loss
“The question in 2020 was America or Trump. America won. It’s time for Republicans to put America first,” said a voiceover in the advertisement. ( read original story …)
As Beijing finally congratulates Biden, China looks towards closer economic ties with the US
But while Beijing is cautiously optimistic that a Biden presidency will be more manageable, Trump will be missed – for reasons ironic and sincere. ( read original story …)
Mainland China reports 18 new COVID-19 cases versus 8 a day earlier
Mainland China reported 18 new COVID-19 cases on Nov. 13, up from eight cases a day earlier, the country’s national health authority reported on Saturday. The National Health Commission said in a … ( read…