S&P/BNY Mellon China Select ADR Index has lost 18.8% this year; Crackdown on education companies follows that on Didi and other tech firms
(AF) SoftBank’s tech-supporting VisionFund has taken a $4 billion hit on its Didi Chuxing investment since a Beijing crackdown on...
China’s plan to bar tutoring firms from making profits in core school subjects sent shockwaves through its private education sector and triggered a plunge in share prices of Chinese online learning platforms in the US and Hong Kong.
• Sherman is in Tianjin for talks with Foreign Minister Wang Yi • First senior Biden official to visit, hopes...
• Tech giant fined for ‘illegal concentration of business operators’ • Market regulator says 2016 merger gave firm over 80%...
(AF) Tesla’s quality ranking dropped to “below average” while three leading Chinese electric vehicle startups are now making “top-quality...
Production halted at Apple’s iPhone factory in China, the WSJ reports.
Volvo Cars buys out Geely and gets manufacturing plants for undisclosed sum; Aiming for IPO once deal is done and local JV requirement ends
• Tech giants fear new law will limit freedom of speech • City leader Carrie Lam says officials can “allay concerns”...
Documents show pilot projects for state-supervised data trading markets Crackdown threatens to further isolate China’s internet industry globally China’s...
Shares of Sumo soar 42% on news of Tencent takeover of British game developer Deal comes shortly after China’s regulator...
Cyberspace Administration of China, Ministry of Public Security lead probe Swoop part of broader effort to rein in tech companies’...