Sources: hundreds of Foxconn workers at the iPhone plant in Zhengzhou clashed with security guards as protests erupted over unpaid wages and COVID-19 fears
Hundreds of workers at Apple Inc.'s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost …
The US, the EU, the UK, and Canada agree to cut off a “certain number of Russian banks” from the SWIFT international payments system
The US, EU, UK, and Canada agree to cut off a “certain number of Russian banks” from the SWIFT international payments system
The European Union, U.S. and other Western nations on Saturday announced they would cut off a “certain number of Russian banks” from the SWIFT international …
An in-depth look at the political motivations behind China's tech crackdown, as Xi pursues progressive authoritarianism at the expense of international capital
Bloomberg :
After Chinese state media criticized online gaming as “opium for the mind” in a now-deleted article, Tencent announces stricter rules for young users
Shares of NetEase and Bilibili also suffer steep falls — Shares of Tencent Holdings Ltd. and rivals plummeted Tuesday …
China orders 34 internet companies to rectify their anti-competitive practices in the next month, signaling that its internet crackdown didn't end with Alibaba
- Companies summoned to meeting after record fine on Alibaba — Statement underscores Beijing's internet crackdown persists
Airbnb closes at $144, up from its $68 IPO price, on its first day of trading, giving it a market cap of about $86.5B and more than doubling its IPO valuation
- Airbnb opened at $146 per share on its first day of trading on Thursday, more than doubling the $68 per share price set for its IPO the day before.
Sources say Jack Ma's criticism of regulators and state-owned banks in a speech triggered the move by Communist party leaders to limit the power of Ant Group
The billionaire's criticism of regulators triggered the move by Communist leaders to limit the power of the fintech group
Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide
- Listing of Jack Ma's fintech giant was halted on Tuesday — Ma criticized regulators for stifling innovation last month
Ant Group says its IPO has been suspended in both Shanghai and Hong Kong, after Chinese regulators summoned Jack Ma and other executives of the company
China Suspends Jack Ma's Ant Group Shanghai IPO After Warning https://www.bloomberg.com/... Subrahmanyam Kvj / @sub8u : “Ant has faced scrutiny in Chinese state media in recent day...
Ant Group says its IPO has been suspended in both Shanghai and Hong Kong, after Chinese regulators summoned Jack Ma and other executives of the company
China Suspends Jack Ma's Ant Group Shanghai IPO After Warning https://www.bloomberg.com/... Subrahmanyam Kvj / @sub8u : “Ant has faced scrutiny in Chinese state media in recent day...
Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide
- Listing of Jack Ma's fintech giant was halted on Tuesday — Ma criticized regulators for stifling innovation last month
Ant Group says its IPO has been suspended in both Shanghai and Hong Kong, after regulators summoned Jack Ma and other executives of the company
The Shanghai Stock Exchange postponed the offering one day after regulators summoned Jack Ma and other executives of the financial technology giant.