Chinese start-up SenseTime is considering an initial public offering (IPO) on China’s tech-focused STAR market after its latest fundraising that will value the company at $10 billion, three people … ( read original story …)
Recent Posts
Feinstein: Letting Americans sue China over coronavirus response would be ‘huge mistake’
Allowing citizens to sue China for damages caused by the novel coronavirus would backfire and open up the United States to the same level of scrutiny from other countries around the world, Sen. Dianne ……
Hong Kong Postpones Elections Over Virus As China Crackdown Deepens
Hong Kong’s democracy supporters were dealt a huge blow Friday as authorities postponed local elections because of the coronavirus, capping a devastating month of political disqualifications, arrests … ( read original story …)
China’s outstanding property loans by end-June up 13.1% year-on-year
China’s outstanding property loans by the end of June rose 13.1% from a year earlier to 47.40 trillion yuan ($6.79 trillion), the People’s Bank of China (PBOC) said on Friday. ( read original story …)
Chinese Property Giant Vanke Takes Stake in Ailing Rival Tahoe
A unit of one of China’s largest property companies agreed to buy 19.9% of Tahoe, offering hope to many households that have made big outlays on unfinished apartments. ( read original story …)
China’s 5G subscriber numbers to get a correction as carriers ordered to ‘clean up’ sales practices
When Guangzhou resident De De called up his network provider China Mobile last month wanting a cheaper mobile plan, he ended up following the advice of the customer service officer and signed up for a…
With new export controls, US takes another step to clamp down on China
New US rules restricting exports to China to prevent sensitive technologies from being used by the Chinese military are the latest development in the deteriorating relationship between the two … ( read original story …)
Exclusive: China’s central bank urges antitrust probe into Alipay, WeChat Pay – sources
China’s top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions … (…
Anti-China sentiment in US at ‘historic high’, Pew Research survey finds, amid friction over trade, coronavirus and human rights
Americans’ negative views toward China have reached a “new historic high” amid the coronavirus pandemic, according to a report published by the Pew Research Centre on Thursday.”Around three-quarters ( … ( read original story …)
China says to penalise Luckin Coffee for accounting fraud
China’s Ministry of Finance will impose administrative penalties on Luckin Coffee after it confirmed an accounting fraud that forced the onetime market player to delist from NASDAQ. ( read original story …)
BSN says decoupling is to meet compliance rules in China
To ensure compliance in China while maximizing its allure internationally, the BSN is decoupling its governance and open-sourcing the international version. ( read original story …)
Shocked Hong Kong in a new era under ‘white knuckle’ China grip
Hong Kong was an anomaly. A free and partially democratic city under Chinese rule, protected by a tradition of firm rule of law from the British colonial era, and a promise from Beijing of freedoms…
Exclusive: Urged on by central bank, China weighs antitrust probe into Alipay, WeChat Pay – sources
China’s top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions … (…