Embattled state-owned debt buyer China Huarong Asset Management received shareholder approval on Tuesday to exit a unit, restructure another and appoint a new executive director as it confronts its …
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Reviewing North Asia’s Central Bank Digital Currency (CBDC) Progress
China’s determination to launch a central bank digital currency has prompted similar efforts by Japan and South Korea.
Do China Finance Online Co. Limited (JRJC) beta value of 1.54 signposts another twist?
At the end of the latest market close, China Finance Online Co. Limited (JRJC) was valued at $8.06. In that particular session, Stock kicked-off at the price of $4.90 while reaching the peak value of…
China sets out new rules to protect ‘critical information infrastructure’ as it bolsters data security push
Companies still need to wait to find out which category they fall into and what rules will specifically apply to them.
Tim Hortons’ China unit to merge with US-listed blank cheque company, opening a new path for Chinese firms to list in New York
The deal follows the sweeping measures to overhaul overseas listings announced last month by China, adding a new layer of cybersecurity oversight to the listing plan by any company with access to the …
Alibaba, JD, Didi Slip as China Seeks to Tighten Competition Rules
Tencent Holdings ADRs (OTC:TCEHY) fell 2.6%. The new rules, proposed by State Administration for Market Regulation, seek to prevent unfair competition among Internet companies. If approved by the …
Beijing officials to host first seminar for Hong Kong lawmakers at Legislative Council, brief on 14th five-year plan
Beijing officials will host their first seminar at Hong Kong’s Legislative Council next Monday when they brief city lawmakers on the country’s 14th five-year plan, sources have said. The delegation, …
China targets internet giants with new competition rules, putting pressure on tech shares
The proposed regulations would limit the way companies can attract consumers and are allowed to analyze user and competitor data.
Beijing took stake and board seat in key ByteDance domestic entity this year
“at-above-post addthis_tool” data-url=” Yingzhi Yang and Brenda Goh BEIJING/SHANGHAI (Reuters) -The Chinese government took a stake and a board seat in a key ByteDance entity this year – a move that …
Beijing takes stakes in ByteDance, Weibo amid widening crackdown
The Chinese government has taken stakes in Chinese entities owned by tech companies ByteDance and Sina Weibo, corporate records showed, amid a …
China Tech Stocks Slump as Nation Issues Draft Competition Rules
A wave of selling in China’s bellwether technology stocks continued for a fifth day, following Beijing’s latest moves to tighten its grip on the nation’s internet giants.The Hang Seng Tech Index …
Foreign financial firms continue to benefit from China’s opening-up
Overseas financial institutions have leveraged China’s opening-up policies to play a big role in the country’s capital market, with their holdings of yuan-denominated bonds increasing by over 450 …
China issues draft rules banning unfair competition in the internet sector
Chinese regulators on Tuesday issued a lengthy set of draft regulations for the internet sector, banning unfair competition and restricting the use of user data, the latest move in a crackdown on the …
