China’s market regulator has fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions … ( read original story …)
Tagged By beijing
China Fines Alibaba, Tencent Unit Under Anti-Monopoly Laws
China’s antitrust watchdog fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling … ( read original story …)
China’s Combative Nationalists See a World Turning Their Way
China’s Communist Party is pushing the narrative that the pandemic has proved the superiority of its authoritarian model. The muscular message is finding fans at home. ( read original story …)
China says legal rights and interests of detained Bloomberg Chinese employee guaranteed
Chinese foreign ministry spokesman Wang Wenbin said on Monday that the case of a Chinese national working for Bloomberg News being detained is under investigation, and that all legal rights and … ( read original…
China fines Alibaba, Tencent-backed China Literature for not reporting deals to anti-trust regulators
China’s market regulator said on Monday it fined Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for … ( read original story …)
China urges U.S. to stop abusing state power to crack down on foreign firms
China on Monday urged the United States to stop abusing state power to crack down on foreign companies, after Nasdaq said it will remove four Chinese companies’ shares from indexes in response to a U.…
China’s Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial
Residents of China sent 20,000 transactions through e-commerce platform JD.com within the first 24 hours of a trial of the country’s digital yuan in the city of Suzhou, according to the Global Times. ( read…
Global Crypto ATM Market 2020 Report – Trends in Technological Strategies, Business Advancements and Top-Vendor Landscape to 2025
Global Crypto ATM Market 2020 by Manufacturers, Type and Application, Forecast to 2025 describes an in-depth evaluation and the essential aspects of the market presenting information regarding the … ( read original story …)
China Fines Alibaba, Tencent for Flouting Rules in Past Deals
Chinese regulators fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit 500,000 yuan ($76,500) each over failing to declare past acquisitions under the country’s anti-monopoly laws. ( read original story …)
ANA launches flight to China’s Shenzhen, 1st route since pandemic
All Nippon Airways Co. launched a flight Monday between Japan’s Narita airport near Tokyo and Shenzhen in southern China — the first international route it has opened since March, when the … ( read original…
The Australian dollar is surging on record iron ore prices as tensions with China climb
China buys much of Australia’s iron ore, which has been spared in deteriorating relations that pummeled many of Australia’s exports to the Asian country. ( read original story …)
Hong Kong and China markets boosted by progress on coronavirus vaccine front, edge up in early trading
Hong Kong and China markets eked out gains in early trading on Monday, boosted by progress on the coronavirus vaccine front in the United States and Hong Kong. The Hang Seng Index edged up 0.1…
China’s new home prices slow in November as market-cooling steps take hold
China’s new home prices grew in November at their slowest monthly pace since March, official data showed on Monday, as policymakers wary of financial risk in the highly leveraged sector continued to … ( read…
