Chinese netizens’ entrepreneurial spirit appears to have kicked in after Elon Musk appeared on the hit US audio app Clubhouse.
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?
Xiaomi sues US government over investment ban
Xiaomi asked the court remove it from a defense blacklist that bans Americans from investing in companies linked to the Chinese military.
US revokes licenses to sell to Huawei, to deny more: report
The US Department of Commerce has told Huawei suppliers that it intents to deny “a significant number of license requests” to Huawei.
PayPal now the sole owner of a payments firm in China
PayPal is the first foreign firm to fully own a licensed payment operator in China, as regulators seek to liberalize the finance sector.
Xiaomi shares plunge after US investment ban
US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.
Mining rigmaker MicroBT is planning a US IPO: report
MicroBT, one of China’s top cryptocurrency mining equipment manufacturers, plans another round of fundraising prior to the IPO.
NYSE changes course again, to delist three Chinese telcos
The NYSE said Wednesday it will stick to its original plans to delist three Chinese telecom companies after an earlier reversal of the decision.
NYSE backs off delisting of Chinese telecom firms
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.
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.