Chinese regulators have ordered sweeping changes to the country’s biggest payment app Alipay, as the ruling Communist Party attempts to rein in “the unruly growth” of the tech giants.
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China Mobile, CBN signs 700MHz network sharing deal
China Mobile and 31 provincial subsidiaries have signed a 5G network sharing supplemental agreement with China Broadcasting Network (CBN). The scope of the collaboration is the co-construction and …
CHINA MOBILE Initiates Tens of Billions of RMB Optic Cable Procurement Project
CHINA MOBILE (00941.HK) announced to start the centralized procurement project of ordinary optical cables for 2021-22 as the market expects the sector’s demand-supply dynamics to see further …
China Tech Shares Slide on Latest Volley of Internet Curbs
Chinese technology shares fell once again Monday on the latest moves from Beijing to reshape online businesses.Traders mulled a report that the government intends to break up Ant Group Co.’s Alipay …
In fresh regulatory move, China tells tech giants to stop blocking rivals’ links
China fired a fresh regulatory shot at its tech giants on Monday, telling them to end a long-standing practice of blocking each other’s links on their sites or face consequences.
China Tech Watchdog Warns Internet Firms Against Blocking Rivals
China’s top technology regulator warned internet firms on Monday against blocking links to rival services, reaffirming Beijing’s order for online giants from Tencent Holdings Ltd. to ByteDance Ltd. to …
Beijing turns up heat on data holding firms, seeking to divide Ant Group’s Alipay
Beijing regulators, who are acting increasingly hawkish around sensitive data firms, are reportedly seeking to break up Ant Group’s loans business Alipay to form a separate app instead.
Guizhou Zhenhua E-chem’s IPO to debut on SSE STAR Market
Guizhou Zhenhua E-chem (688707) to start trading on the Shanghai Stock Exchange’s STAR Market Sep 14, tomorrow. The firm has issued 110.73 mln shares priced at RMB 11.75 per share raising RMB 1.3 bln.
Opinion mixed about China’s slumping recovery’s effect on chip exports
By Lee Kyung-min Opinions are split over whether recent signs of a slowdown in China’s recovery are signaling the beginning of a peak-out of Korea’s semiconductor exports, one of …
North Korea once again imports refined oil from China
North Korea has once again imported refined oil from China, Daily NK has learned. Amongst themselves, officials in North Korea are saying that imports of oil from China may continue through the end of …
Ami Organics IPO: Stock lists tomorrow, grey market premium strong; analysts see up to 35% listing gains
Ami Organics is scheduled to make its stock market debut on Tuesday, 14 September, after receiving over 64 times subscription during IPO.
China causes big Aussie export to drop 11 per cent in one week
In just one week, the iron ore price has plummeted by over 11 per cent down to $U128.75 a tonne hammering Australia’s most valuable export.
China-ASEAN Trade Index released in Guangxi
The China-ASEAN Trade Index was released for the first time during the ongoing 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Nanning, capital of south China’s Guangxi …
