28 Chinese Companies Placed on New US Entity Blacklist
28 Chinese companies were recently placed on a new entity blacklist created by the US, blocking these companies from buying American products.
10/8/20192 min read
Category: Industry
Showing 12 of 6361 posts in this category
China to Expand Digital Currency Pilot Programs, Questions Remain
China is set to expand its digital currency testing programs to more regions and cities, including some of the country’s most developed financial hubs.
Three U.S.-Listed Chinese Tech Firms to Seek Secondary Listings in Hong Kong
Three leading Chinese technology firms, Tencent Music Entertainment Group, online retailer Vipshop, and live-streaming platform Joyy, are currently seeking secondary listings in Hong Kong.
1/13/20213 min read
Tencent Awards 2,403,000 Shares of Stock Worth about 1.1 billion Yuan to 3,300 Employees
Tencent announced on the Hong Kong Stock Exchange on Wednesday that it plans to give a total of 2,403,203 shares of stock as awards to no less than 3,300 employees, which is worth RMB 1.121 billion based on the closing price of the company's shares on July 14.
7/15/20212 min read
Analyzing HUYA 2023 Q3 Financial Results: Solidifying Long-term Development by Pushing Strategic Transition, while Executing Share Repurchase Program
HUYA Inc. released its third quarter financial results on Tuesday, recording quarter-on-quarter growth of 3.7 percent in Huya Live’s mobile MAU, reaching 86 million, with total net revenues standing at 1.65 billion yuan ($225.8 million).
Samsung to Shut Down its Sole TV Factory in China
Samsung Electronics Co., Ltd. will close its TV manufacturing plant in Tianjin, China, Yonhap News Agency reported Monday.
XPeng Motors Core Management Team Undergoes Changes
XPeng Motors core management team has changed, and all three co-founders have exited the core management team.
3/14/20244 min read
Breton’s Push to Restrict Huawei and Chinese Companies Jeopardizes Global Cooperation in Tech
At its core, addressing the challenges of technological decoupling demands global cooperation, as the consequences of barriers will impact all stakeholders involved.
6/30/20238 min read
Lazada Expands Its E-commerce Realm in Southeast Asia
Lazada, a Southeast Asian e-commerce platform owned by Alibaba Group, held a cross-border e-commerce conference on Mar. 7, and announced a series of cross-border business strategy upgrade initiatives.
3/8/20193 min read
Tongyu Automotive Raises Nearly 200M Yuan in Series A+ Financing
Tongyu Automobile, a developer of intelligent driving systems, announced on August 21 the completion of round-A+ financing totaling nearly 200 million yuan ($29.2 million). Xiaomi is one of its co-leading investors.
8/22/20223 min read
Two Subsidiaries under JD.com to Debut in Hong Kong
Chinese e-commerce firm JD.com announced on March 30 that it is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange. JD.com would hold more than 50% of Jingdong Property Inc and Jingdong Industrials Inc after the completion of the spinoffs.
3/31/20233 min read
Chinese Nucleic Acid Testing Company Nucleus Gene Arouses Widespread Doubts
Recently, Chinese nucleic acid testing companies have been controversial and accused of making huge profits during the COVID-19 pandemic. Among them, a company called Nucleus Gene has aroused widespread public doubts.
11/29/20224 min read