2021-02-22
Now the thing to watch is how much Ant's valuation could be slashed when it can go public, but the rules also seem to indicate Beijing's willingness to still encourage online lending to develop as I assume the lenders remain an important funding channel for SMEs. https://twitter.com/...
Reuters
China finalizes rules on banks' internet loan businesses, affecting Alibaba and others, setting new capital requirements, must be complied with by July 17, 2022
2020-08-06
Even the language used by the US mirrors that of Beijing, which has implemented multiple “internet cleanup campaigns” to crack down on vulgar, pornographic, or politically sensitive content. Pompeo used the phrase “five cleans” to explain the areas covered by the initiative. https://twitter.com/...
CNBC
US proposes a five-part “Clean Network” plan to curb potential national security risks from China, including banning “untrusted” Chinese apps from US app stores
- U.S. Secretary of State Mike Pompeo announced a five-pronged “Clean Network” effort aimed at curbing potential national security risks from China.
2020-08-03
ByteDance's Zhang Yiming just sent an internal letter to the company, saying it is discussing with an American tech company to explore ways to allow TikTok to continue operating in the US: https://twitter.com/...
The Official Microsoft Blog
After Satya Nadella and Trump spoke, Microsoft says it will continue discussions to explore a TikTok acquisition in US, ending on Sept. 15 if no deal is reached
Following a conversation between Microsoft CEO Satya Nadella and President Donald J. Trump, Microsoft is prepared to continue discussions …
2020-06-13
Did a follow up on Zoom's suspension of the accounts of overseas Chinese activists with my colleague @maryhui. @ZhouFengSuo , one of the activists affected by the suspension, told me that he did not wish to see Zoom use a geography-based censorship mechanism 1/2 https://twitter.com/...
Bloomberg
Zoom says it deactivated accounts of US-based activists due to China's demands, won't allow such requests to impact users outside mainland China “going forward”
- Company shut down video meetings to remember Tiananmen Square — Zoom's in the middle of a free speech and censorship clash
2020-04-29
More US-listed Chinese tech champions seem to have started flocking back to home market https://twitter.com/...
Bloomberg
Sources: e-commerce giant JD.com has filed confidentially for a second listing in Hong Kong, which could raise at least $2B
Bloomberg :