You Searched For "china regulatory review" and got 20 results
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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
Casino stocks slide for a 2nd day as China enclave of Macau launches review of gambling industry
The Macau gambling review will include rules about licenses and a proposal for direct government su…
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 freezes more than 40 IPOs pending an investigation as regulatory screws tighten
The securities regulator also indicated it would pursue cooperation with the US on auditing supervi…
Ethan Wu
1 min read
China targets internet giants with new competition rules, putting pressure on tech shares
The proposed regulations would limit the way companies can attract consumers and are allowed to ana…
Sophie Kiderlin
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
1 min read
China has banned brokers from opening overseas trading accounts for local investors
As the economy struggles, Beijing has also launched its first purchasing program targeting shares i…
Phil Rosen
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
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
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
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 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
Bigwigs at 'China's Uber' Didi and Lenovo have retreated from the social media platform Weibo, joining other Chinese tech moguls who are hiding from public view
Didi's Jean Liu and her father, Lenovo head Liu Chuanzhi, are the latest tech leaders to pull back …
Weilun Soon
3 mins read
China's Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees
Xiaohongshu said it's laying off up to 10% of its workforce. The cuts add to the tens of thousands …
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
One of China's biggest retailers is cutting executive pay to create a fund to help lower-level employees buy homes
The move follows Chinese government's push to close the country's income wealth gap through its "co…
Aaron Mok
3 mins read
Warren Buffett's business partner rang the bubble alarm, vowed to never buy crypto, and argued Elon Musk's overconfidence has fueled the Tesla chief's success
Charlie Munger bemoaned the lack of bargain stocks, praised China's regulatory crackdown, and sugge…