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Clubhouse invites for sale on Alibaba’s used goods app

Clubhouse electric vehicles tesla waic china shanghai artificial intelligence nio

Chinese netizens’ entrepreneurial spirit appears to have kicked in after Elon Musk appeared on the hit US audio app Clubhouse.

Posted on February 2, 2021 Author Eliza Gkritsi Comments Off on Clubhouse invites for sale on Alibaba’s used goods app
Alibaba Features government Heavy Hitters Premium Telecommunications Tencent US

INSIGHTS | No going back for US-China tech under Biden?

Biden’s top advisors have said that they agree with the direction of Trump’s China tech policy, but will carefully review tactics. What will it mean for China tech?

Posted on February 1, 2021 Author Eliza Gkritsi and Wei Sheng Comments Off on INSIGHTS | No going back for US-China tech under Biden?
government Heavy Hitters News Smartphones and Devices US Xiaomi

Xiaomi sues US government over investment ban

xiaomi smartphone huawei 5G

Xiaomi asked the court remove it from a defense blacklist that bans Americans from investing in companies linked to the Chinese military.

Posted on February 1, 2021 Author Wei Sheng Comments Off on Xiaomi sues US government over investment ban
Chips government Heavy Hitters Huawei News Turf Wars US

US revokes licenses to sell to Huawei, to deny more: report

Huawei telecommunications 5G mobile networks cellular

The US Department of Commerce has told Huawei suppliers that it intents to deny “a significant number of license requests” to Huawei.

Posted on January 18, 2021 Author Wei Sheng Comments Off on US revokes licenses to sell to Huawei, to deny more: report
Fintech Heavy Hitters News Payments US

PayPal now the sole owner of a payments firm in China

PayPal China fintech tech Ant Group

PayPal is the first foreign firm to fully own a licensed payment operator in China, as regulators seek to liberalize the finance sector.

Posted on January 15, 2021 Author Eliza Gkritsi Comments Off on PayPal now the sole owner of a payments firm in China
Huawei News Smartphones and Devices Turf Wars US Xiaomi

Xiaomi shares plunge after US investment ban

xiaomi headquarters in Beijing

US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.

Posted on January 15, 2021 Author Wei Sheng Comments Off on Xiaomi shares plunge after US investment ban
Bitcoin and blockchain Cryptocurrency Funding Heavy Hitters News US

Mining rigmaker MicroBT is planning a US IPO: report

crypto mining rig blockchain bitmain

MicroBT, one of China’s top cryptocurrency mining equipment manufacturers, plans another round of fundraising prior to the IPO.

Posted on January 13, 2021 Author Eliza Gkritsi Comments Off on Mining rigmaker MicroBT is planning a US IPO: report
Funding government Heavy Hitters News Telecommunications US

NYSE changes course again, to delist three Chinese telcos

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The NYSE said Wednesday it will stick to its original plans to delist three Chinese telecom companies after an earlier reversal of the decision.

Posted on January 7, 2021 Author Wei Sheng Comments Off on NYSE changes course again, to delist three Chinese telcos
Heavy Hitters News Telecommunications US

NYSE backs off delisting of Chinese telecom firms

telecom unicom China US telecommunications 5G

The New York Stock Exchange said on Monday it no longer plans to delist China’s three major telecom companies, reversing a decision made last week.

Posted on January 5, 2021 Author Wei Sheng Comments Off on NYSE backs off delisting of Chinese telecom firms
Heavy Hitters News Regulation Telecommunications US

China telco shares drop in Hong Kong as US orders delisting

Three state-owned telco shares dropped even as China tries to downplay the impact of the New York Stock Exchange’s delisting decision.

Posted on January 4, 2021 Author Wei Sheng Comments Off on China telco shares drop in Hong Kong as US orders delisting
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