Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third …
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Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results
Top China Cosmetic Surgery Site Erases Share Gains After Buy-Out-Plan Bump
Shares of So-Young International Inc., China’s leading online cosmetic surgery services platform, tumbled on Tuesday, giving up most of the previous day’s 12% gain which came on the back of news its …
Crypto oversight agenda released by US banking regulators could require permission to offer digital currencies
The Federal Reserve and other banking agencies are grappling with issues related to cryptocurrencies, including custody and crypto-backed loans.
BeiGene gets the ball rolling on its 3rd IPO — and this one is expected to fetch $3B
BeiGene was among the first China-based biotech companies to list on Nasdaq and made history by raising $903 million in its secondary listing in Hong Kong. Now, it’s ready to pull a hat trick as…
The China market is lucrative for the sports business, but at what cost?
Beijing’s influence in sports is growing with its massive potential spending power and fan base. Sports organizations have to be much more delicate with China in order to not be censored or banned …
Kuaishou Shares Surge After Revenue Growth Defies China Crackdown
Kuaishou Technology Co. Ltd. soared 15% after reporting better-than-expected 33% growth in quarterly revenue, defying China’s tech crackdown and intensifying competition with ByteDance Ltd. The social …
China Targets Taiwanese Conglomerate Far Eastern Group That It Claims Is Funding Pro-Independence Political Forces In Island
China has fined the Far Eastern Group (FEG), a Taiwan-based conglomerate that operates in several Chinese provinces, charging that it violated business regulations by funding Taiwanese politicians and …
Solomon Islands protestors burn parliament and Chinese shops in anti-Beijing riots
Police have fired tear gas and water cannons at hundreds of demonstrators in the Solomon Islands who torched parts of the parliament and attacked Chinese-owned …
Fines on Taiwan’s Far Eastern Group fan fears of more retaliation by Beijing over political donations
Taiwanese businesspeople have raised concerns about possible retaliation on the mainland after authorities in Beijing fined a business donor to the island’s political parties over a range of …
China Will Accelerate Tech Reforms, Strengthen Innovation -State Media
China will accelerate its technology system reforms and strengthen technology innovations, state media quoted a top-level meeting chaired by President Xi Jinping as saying on Wednesday. (Reporting by …
Kazakhstan welcomed the Bitcoin miners that China banned. Now an energy crisis is forcing some miners to relocate—again
Crypto mining firm Xive announced that it is moving a crypto mining farm out of southern Kazakhstan because of electricity shortages in the national grid.
Crypto Ban: Here’s looking at the list of countries that have banned cryptocurrencies
The Central government, on Tuesday (November 23), revealed its plans to ban private cryptocurrencies in India. The government also announced its plans to roll out a digital coin that will be regulated …
Western luxury brands entering risky pact with China’s influencers
French cosmetics giant L’Oréal has been going through a massive retail row in China after two leading social-media influencers sold large quantities …
