BlueCity Holdings intends to raise $85 million in a U.S. IPO. The firm operates a network of LGBTQ websites for persons in China and other Asia countries. BLCT … ( read original story …)
Tagged By beijing
Vietnam, Philippines Denounce China Military Drills in Disputed Waters
Vietnam and the Philippines on Thursday criticised China’s holding of military drills in a disputed part of the South China, warning it could create tension in the region and impact Beijing’s … ( read original…
EU leaders seek ‘dialogue’ with China over Hong Kong law
Two of the European Union’s most powerful individuals said Thursday that the 27-nation bloc will continue to discuss human rights and the rule of law with China after Beijing … ( read original story …)
State Department Warns Top U.S. Firms Over Supply Chain Risks Linked to China’s Xinjiang
The U.S. State Department warned top American companies including Walmart Inc, Apple Incand Amazon.com Inc over risks faced from maintaining supply chains associated with human rights abuses in … ( read original story …)
China tech giant Alibaba dismisses livestreaming head, citing nepotism, gifts: document
Chinese e-commerce giant Alibaba Group Holding Ltd has fired Zhao Yan, the head of its fast-growing livestreaming division, on grounds of nepotism and accepting gifts, according to an internal memo … ( read original story…
Hong Kong police arrest stabbing suspect, Pence slams China’s ‘betrayal’ of 1997 deal
Hong Kong police arrested a 24-year-old man at the airport early on Thursday on suspicion of stabbing and wounding an officer during a demonstration against a new national security law imposed by … ( read…
China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown
Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations. ( read original story …)
China Market Update: US Investors’ Home Bias: Please Don’t Notice China Bull Market
Year Average Mainland China volume nearly 2X 1-Year Average Northbound Stock Connect volume 2X 1-Year Average$2.421B of foreign buying on the Mainland China via Northbound Connect Asian equities rode … ( read original story …)
U.S. Warns Businesses Over Supply Chains Tied to Rights Violations in China
The administration said companies face legal risks for involvement with entities in China blamed for human-rights abuses, including the mass detention of Uighur Muslims. ( read original story …)
U.S. House passes bill to sanction Chinese banks over Hong Kong
The U.S. House of Representatives passed legislation on Wednesday that would penalize banks doing business with Chinese officials who implement Beijing’s draconian new national security law imposed on … ( read original story …)
China demands info from 4 media companies in response to US
China is demanding staff and business information from four U.S. media companies including The Associated Press in what it calls a necessary response to similar demands by Washington on Chinese state- … ( read original…
COVID-19 strain in Beijing outbreak may have come from SE Asia – Harvard study
A strain of COVID-19 that has infected more than 300 people in Beijing since early June could have originated in South or Southeast Asia, according to a study by Harvard University researchers. The ou ……
Exclusive: Hong Kong activists discuss ‘parliament-in-exile’ after China crackdown
Hong Kong pro-democracy activists are discussing a plan to create an unofficial parliament-in-exile to keep the flame of democracy alive and send a message to China that freedom cannot be crushed, … ( read original…
