You Searched For "china cybersecurity review" and got 20 results
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2 mins read
China expands security review beyond Didi, sending shares of 2 US-listed Chinese tech companies plunging
Stock of Full Truck Alliance and Kanzhun were under heavy selling pressure after China launched sec…
Carla Mozée
1 min read
Didi falls as Chinese officials send police to offices as part of sweeping cybersecurity probe
A task force of seven ministries was sent to conduct an on-site review at Didi's offices as Beijing…
Carla Mozée
2 mins read
Chinese regulators call in Didi and 10 other ride-hailing companies, to tell them to fall in line immediately
Transport authorities told the ride-hailing services to review their use of unapproved drivers and …
Sophie Kiderlin
1 min read
TikTok rival Kuaishou drops 13% as CEO warns of more regulation, bringing 3-day Chinese tech rally to an abrupt end
China's regulatory campaign against internet firms has devastated Kuaishou's share price of late, k…
Ethan Wu
1 min read
Hong Kong's stock exchange has a record number of pending IPOs despite China's crackdown, says new CEO
The IPO pipeline is "significant and healthy," said the CEO of Hong Kong Exchanges & Clearing.
Carla Mozée
2 mins read
Chinese education stocks plunge as Beijing reportedly wants to turn tutoring companies into non-profits
Foreign capital investment into tutoring companies may be banned under potential rule changes.
Carla Mozée
2 mins read
Short-seller Carson Block says investors in Chinese stocks have been 'pulling the wool over their own eyes' for years amid extreme risk
More than $1 trillion of value has been wiped from stocks impacted by China's ongoing regulatory cr…
Carla Mozée
2 mins read
US-listed Chinese stocks crash to their lowest point in more than a year as Beijing ramps up its crackdown on corporations
A broad index tracking US-listed Chinese stocks has lost 30% of its value this year alone.
Carla Mozée
1 min read
Didi surges on report it's weighing going private amid regulatory pressure
Didi denied the WSJ report, saying it is "not true" that it's considering a take-private transactio…
Carla Mozée
1 min read
China is considering a rule change that would close a loophole allowing domestic firms to IPO overseas, report says
The loophole being targeted by Chinese regulators has been used by domestic tech companies to launc…
Carla Mozée
1 min read
Didi slides 11% after China launches a cybersecurity review of the company days after its US IPO
China's internet regulator said it wants to prevent "national data security risks" with its review …
Carla Mozée
1 min read
Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO
Regulators were looking at a range of penalties. Measures could include forcing the company to deli…
Isabelle Lee
2 mins read
TikTok owner ByteDance has reportedly canceled its upcoming IPO as China cracks down on tech companies
ByteDance had been valued at $180 billon in a round of funding in December, the Wall Street Journal…
Carla Mozée
1 min read
Didi pares losses after China cybersecurity review sends stock plummeting
Some members of Congress have blasted China's Didi move, calling for an SEC investigation into whet…
Ethan Wu
2 mins read
Hackers from China and Russia are finding cracks in Microsoft's security
The US Cybersecurity and Infrastructure Security Agency issued an emergency directive this week urg…
Grace Eliza Goodwin
1 min read
Didi climbs as the ride-hail giant reportedly considers handing over control of data to placate Chinese regulators
The ride-hailing firm has suggested various proposals, including handing over its data management t…
Isabelle Lee
2 mins read
Investors are preparing to vote on whether China's ride-hailing app Didi will delist from the NYSE after year-long slide that erased $60 billion from its market value
Last June, Didi listed on the New York Stock Exchange despite Beijing's reluctance. Shortly after, …
Weilun Soon
1 min read
DiDi sinks 22% as the China ride-hail giant plans to hold vote on potential delisting of US shares
DiDi will hold a shareholders' vote on the delisting of its NYSE-listed shares in May. The company …
Carla Mozée
2 mins read
China signals its tech crackdown isn't ending anytime soon - and calls for tougher rules in other key industries
Chinese authorities plan to craft new legislation to address national security, tech innovation, mo…
Shalini Nagarajan
4 mins read
In a US showdown with China, there are some missions with no special-operations 'easy button'
As US special-operations forces focus on the challenge posed by China, they "must be careful not to…