HSBC Break-up Pressure Marks the End of an Era:
thediplomat.com/2022/05/hsbc-break-up-pressure-marks-the-end-of-an-era/
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| Last Updated | May 09 22 |
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Turkey’s ‘Orthodox’ Pivot Makes Lira a Favorite for HSBC: Turkey’s return to a more conventional approach to monetary policy is boosting investor confidence ...
bloomberg.com/news/articles/2024-04-24/turkey-s-orthodox-pivot-makes-lira-a-favorite-for-hsbc
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Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
channelnewsasia.com/business/morgan-stanley-hsbc-china-cutting-dozens-asia-investment-banking-jobs-layoffs-4271861
HSBC Cuts a Dozen Investment Bankers in Asia on Deals Slump: HSBC Holdings Plc has started a new round of job cuts at its Asia investment bank amid a slump in ...
bloomberg.com/news/articles/2024-04-16/hsbc-cuts-a-dozen-investment-bankers-in-asia-on-deals-slump
Paid articlePaid HSBC’s Top Banker Sees Muted Recovery for Hong Kong IPOs Even as China Recovers: Hong Kong’s sluggish IPO market isn’t likely to recover until at least the ...
bloomberg.com/news/articles/2024-04-05/hsbc-s-top-banker-sees-muted-recovery-for-hk-ipos
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HSBC to sell Argentina business as Asia pivot accelerates: HONG KONG -- HSBC Holdings on Tuesday announced the sale of its business in Argentina ...
asia.nikkei.com/Business/Finance/HSBC-to-sell-Argentina-business-as-Asia-pivot-accelerates
Paid articlePaid KKR, HSBC (HSBA LN) Signal Confidence in China Market, Economy: KKR & Co. and HSBC Asset Management sounded an optimistic note on China even as global investors ...
bloomberg.com/news/articles/2024-04-10/kkr-hsbc-talk-up-china-opportunities-after-lengthy-selloff
It's a scam! How deepfakes and voice cloning taps into your cash: A recent deepfake video call with what was thought to be a CFO of a company cost €23 ...
euronews.com/business/2024/04/10/its-a-scam-how-deepfakes-and-voice-cloning-taps-into-your-cash
‘Prestige and history’ put Hong Kong Sevens on pedestal, says Ireland icon Brian O’Driscoll
scmp.com/sport/rugby/hk-sevens/article/3258060/prestige-and-history-put-hong-kong-sevens-pedestal-says-ireland-icon-brian-odriscoll
Quick Glance: New Zealand Teams Clinch Titles at Hong Kong Sevens
- New Zealand secured both the men's and women's titles at the Hong Kong Sevens, concluding a tournament that showcased rugby ahead of the Paris Olympics.
- The All Blacks Sevens scored the initial two tries in a 10-7 victory against France in the men's final, successfully defending their title and closing the three-day event in the traditional home of rugby sevens.
- Michaela Blyde's exceptional performance with three tries and Mahina Paul's late double secured New Zealand's 36-7 victory over the United States in the women's final.
- The Black Ferns Sevens claimed their third consecutive tournament title, surpassing Australia in the women's world series standings.
JPMorgan's Jamie Dimon Has a Tech Rival: Silicon Valley Bank: JPMorgan and HSBC are among banks trying to capture the startup market, but the California ...
bloomberg.com/opinion/articles/2024-04-24/jpmorgan-s-jamie-dimon-has-a-tech-rival-silicon-valley-bank
Visa appoints Sabbir Ahmed as country manager for Bangladesh, Nepal and Bhutan: Visa has appointed Sabbir Ahmed as the country manager for Bangladesh ...
thedailystar.net/business/news/visa-appoints-sabbir-ahmed-country-manager-bangladesh-nepal-and-bhutan-3594321
JSW Steel lenders in talks to refinance Rs 7,500-crore debt: The lenders, including Standard Chartered, HSBC, BNP Paribas and First Abu Dhabi Bank ...
financialexpress.com/business/industry-jsw-steel-lenders-in-talks-to-refinance-rs-7500-crore-debt-3461512/
Developer Times China faces winding-up case from HSBC unit: SHANGHAI/HONG KONG -- Hong Kong lender Hang Seng Bank has filed a petition with the territory's ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Developer-Times-China-faces-winding-up-case-from-HSBC-unit
Paid articlePaid Hong Kong Taxes: City Considers Changing Rules to Lure Private Credit Business: Hong Kong’s government is considering new tax rules that would give more ...
bloomberg.com/news/articles/2024-04-10/hong-kong-taxes-city-considers-changing-rules-to-lure-private-credit-business
Paid articlePaid Cathay Pacific Upgrades Premium Economy, Business Class in Time for Summer: Welcome to Hong Kong Edition, your guide to the people and money shaking up the Asian ...
bloomberg.com/news/newsletters/2024-04-11/cathay-pacific-upgrades-premium-economy-business-class-in-time-for-summer
HSBC CEO Noel Quinn Targets Lifting Wealth Management in China, India: HSBC Holdings Plc’s top boss said he’s pushing to improve his firm’s wealth management ...
bloomberg.com/news/articles/2024-04-08/hsbc-s-quinn-targets-lifting-wealth-management-in-china-india
Paid articlePaid Buyout: The Bloomberg Close, Asia Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-09/buyout-the-bloomberg-close-asia-edition
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HSBC helps overseas funds navigate India's bond market as inclusion nears: Investors have cited several obstacles to obtaining an onshore permit in India ...
business-standard.com/markets/news/hsbc-helps-overseas-funds-navigate-india-s-bond-market-as-inclusion-nears-124040800054_1.html
Spy for China? Employee of AfD top candidate Krah arrested: Another Chinese spy has apparently been arrested in Germany. It is said to be an employee of ...
t-online.de/nachrichten/deutschland/id_100391736/spion-fuer-china-mitarbeiter-von-afd-spitzenkandidat-krah-festgenommen.html
Quick Glance: Employee of AfD Politician Arrested on Suspicion of Espionage
- An employee of AfD's lead candidate Maximilian Krah was arrested for allegedly spying for China and conducting surveillance on opposition figures in Germany.
- The Federal Prosecutor's Office is investigating based on information from the Federal Office for the Protection of the Constitution. The AfD expressed concern over the arrest and pledged to support the investigation.
- Federal Interior Minister Faeser called the accusations an attack on European democracy. China denied the allegations. The arrested employee had previously offered information to German authorities but was deemed unreliable.
- There was no connection between the arrest of Krah's employee and other arrests on Monday. Additionally, allegations against AfD politician Krah regarding possible payments from Kremlin-linked sources were revealed.
EU Raises Stakes With Chinese Medical-Device Probe: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-24/eu-raises-stakes-with-chinese-medical-device-probe
Quick Glance: EU Raises Stakes With Chinese Medical-Device Probe
- The EU launched a probe into Chinese medical-device procurement, prompted by concerns that the government in Beijing unfairly favors domestic suppliers, risking tensions ahead of Xi Jinping's upcoming visit.
- The investigation will collect information from companies and member states and must be concluded within nine months. If it confirms a lack of reciprocity, the EU could restrict Chinese access to its tenders.
- This move follows a decision last year to begin an anti-subsidy probe into electric vehicles made in China, potentially leading to new tariffs by July.
- Chinese leaders have rebutted European and US criticism of market distortion in favor of domestic firms, but doubts persist regarding Beijing's extensive use of public support.
Hacker Attacks: What China Can Use Stolen Data For: China collects personal information on Americans and other foreigners. This data on millions of people helps ...
nzz.ch/technologie/china-hacker-datenleak-wozu-china-die-vielen-gestohlenen-daten-verwenden-koennte-ld.1825055
China 'Lower-Tier Cities' Are Attracting More People -- And More Chain Brands
bloomberg.com/news/articles/2024-04-22/china-s-small-towns-boom-as-megacities-lose-appeal-with-brands
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Strong electric car sales expected for 2024, but charging grid needs work: International Energy Agency points out obvious: Infrastructure needs to meet demand
theregister.com/2024/04/24/iea_reports_strong_electric_car_demand/
Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
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Insight: How Volvo landed a cheap Chinese EV on U.S. shores in a trade war: A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
reuters.com/business/autos-transportation/how-volvo-landed-cheap-chinese-ev-us-shores-trade-war-2024-04-24/
A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
apnews.com/article/hong-kong-plastics-ban-pollution-c54df7478e84166fc7f3f69c85bfeab4
Quick Glance: Hong Kong Implements Ban on Single-Use Plastics to Combat Pollution
- New legislation prohibits Styrofoam products and single-use plastic cutlery in Hong Kong
- Single-use cutlery like forks, spoons, straws, and plates can no longer be sold or distributed
- Many restaurants have already started implementing the new measures
- The goal is to curb the throwaway culture and promote reusables to protect the environment
Huber in the ntv early start: "The AfD is a danger for Germany": The top candidate is no longer sustainable and the AfD is a danger for Germany: clear words from ...
n-tv.de/politik/Die-AfD-ist-eine-Gefahr-fuer-Deutschland-article24896930.html
If Britain is so bothered by China, why do these .gov.uk sites use Chinese ad brokers?
theregister.com/2024/04/24/ads_on_gov_uk_websites/
Blinken says genocide in Xinjiang is ongoing in report ahead of China visit: Beijing is continuing to commit genocide and crimes against humanity against Uyghurs ...
reuters.com/world/blinken-says-genocide-xinjiang-is-ongoing-report-ahead-china-visit-2024-04-22/
China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
Beijing half marathon winners stripped of medals after African trio let Chinese runner win
cnn.com/2024/04/19/china/china-beijing-half-marathon-winners-revoked-intl-hnk/
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
US government reportedly ponders crimping China's use of RISC-V: Permissive licenses may be about to collide with geopolitics
theregister.com/2024/04/24/us_commerce_china_risc_v_investigation/
Quick Glance: US Government Considers Restricting China's Use of RISC-V
- The US Department of Commerce is reportedly considering lawmakers' calls to make it harder for China to use the RISC-V instruction set architecture (ISA).
- RISC-V is permissively licensed, allowing developers to access the ISA for free and create proprietary or open source implementations for various applications.
- The Commerce Department is now reportedly examining RISC-V to review potential risks and assess appropriate actions that could address concerns effectively.
- China is already embracing RISC-V, with local chip design firms utilizing the ISA to develop desktop PC chips for Chinese schools and a server-grade processor for Alibaba Cloud.
China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
Paid articlePaidQuick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
We Tested the BYD Seal—the Car That Explains Why Tesla Just Cut Its Prices: A world-class saloon for the people, from China’s biggest name in EVs ...
wired.com/review/review-byd-seal-2024/
Lai Sun Weighs Stake Sale in London Office Skyscraper Project: Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in ...
bloomberg.com/news/articles/2024-04-23/lai-sun-weighs-stake-sale-in-london-office-skyscraper-project
Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
Paid articlePaid China's Fake-Fashion Retailers Thrive on TikTok, Reddit, Discord: Eager buyers of Pandabuy’s questionable luxury goods declare they’re done ...
bloomberg.com/news/articles/2024-04-23/china-s-fake-fashion-retailers-thrive-on-tiktok-reddit-discord
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Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Defense Companies Are Luring Germany’s Struggling Autoworkers
bloomberg.com/news/articles/2024-04-20/defense-companies-are-luring-germany-s-struggling-autoworkers
Paid articlePaid China’s Growing Ranks of Bubble Tea Billionaires: Sellers of the hugely popular drink are rushing to cash in, but increasing competition threatens to spoil the ...
bloomberg.com/news/articles/2024-04-21/china-s-growing-ranks-of-bubble-tea-billionaires
Paid articlePaidQuick Glance: China's Bubble Tea Billionaires
- The passion for bubble tea has produced at least a half-dozen billionaires in China in recent years, known for the sweet drink with sticky tapioca pearls.
- On April 23, Sichuan Baicha Baidao Industrial Co., China's third-largest bubble tea chain, is set to begin trading and raise over $300 million in the largest Hong Kong listing since November.
- The founders of the company, Wang Xiaokun and Liu Weihong, could have a combined net worth of $2.7 billion based on their 73% stake after the initial public offering, according to the Bloomberg Billionaires Index.
- The growing popularity of bubble tea also has the potential to create additional fortunes and is a phenomenon particularly beloved by Millennials and Gen Zers.
Tesla cuts prices across its line-up in China: Tesla Inc has lowered prices across its line-up in China, according to its official website ...
reut.rs/3W9QZs6
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Hong Kong bourse operator's Q1 profit drops on weaker listings, trading
reuters.com/business/finance/hong-kong-bourse-operators-q1-profit-down-13-weaker-listings-trading-2024-04-24/
FBI chief warns on TikTok as Senate set to back ban: SAN FRANCISCO: As the US Senate prepares to approve a TikTok ban, the FBI chief on Tuesday (Apr 23) ...
channelnewsasia.com/world/tiktok-ban-fbi-chief-senate-warns-china-app-4287596
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Singapore gives top-level briefings to reassure foreign banks on stability: City-state keen to bolster its image as a reliable financial centre at a time of ...
ft.com/content/cdea5463-3fd8-4642-94aa-d8ccd45c90b6
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
China Forces Apple to Delete WhatsApp, Threads, Signal From Chinese App Store: Apple removes a number of messaging apps from China's iOS App Store ...
uk.pcmag.com/social-media/151924/china-forces-apple-to-delete-whatsapp-threads-signal-from-chinese-app-store
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Telegram founder says China downloads have not fallen since Apple move: Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to ...
reuters.com/technology/telegram-founder-says-china-downloads-have-not-fallen-since-apple-move-2024-04-23/
Germany spying: Far-right party aide held in China spy probe: Prosecutors identify the suspect as Jian G and accuse him of passing information to Chinese ...
bbc.com/news/world-europe-68880086
VW staff cuts: Volkswagen pays up to 450,000 euros in severance pay: VW is fueling its job cuts with high severance payments. According to WirtschaftsWoche ...
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-zahlt-bis-zu-450-000-euro-abfindung/29757096.html
JPMorgan China names new heads of China securities unit: JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm ...
reuters.com/business/finance/jpmorgan-china-names-new-heads-china-investment-banking-arm-2024-04-23/
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
Quick Glance: Blinken Discusses Key Issues with China
- USA and China discuss global conflicts and tensions in Shanghai and Beijing.
- Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.
- Calls for China to exert influence on Iran and maintain stability in the region.
- Disputes over human rights, synthetic opioids, and illegal activities.
From footballer to Buddhist monk: Swedish ex-player’s incredible transformation detailed on his Instagram page
scmp.com/sport/football/article/3259457/footballer-buddhist-monk-swedish-ex-players-incredible-transformation-detailed-his-instagram-page
China sellers go to TikTok school to reach international buyers: Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an ...
english.alarabiya.net/business/technology/2024/04/24/china-sellers-go-to-tiktok-school-to-reach-international-buyers
Quick Glance: Senate Passes Legislation Requiring Sale of TikTok's Parent Company or Face Ban
- The Senate passed a bill that would compel TikTok's China-based parent company to sell the social media platform under the threat of a ban.
- The bill now awaits President Joe Biden's signature, who has indicated that he will sign it on Wednesday.
- The revised legislation extends ByteDance's deadline to sell TikTok to nine months, with a potential three-month extension if a sale is in progress.
- The bill aims to prevent ByteDance from controlling TikTok's algorithm, which has been pivotal in making the platform a trendsetting phenomenon.
Verstappen also wins in China - fourth victory in the fifth race: The Red Bull driver and world champion for the past three seasons is once again the measure of ...
rtl.de/cms/verstappen-gewinnt-auch-in-china-vierter-sieg-im-fuenften-rennen-5084246.html
Quick Glance: Chinese Grand Prix: Drama for Verstappen's Victory March?
- The Chinese Grand Prix could bring drama to Formula 1, and Red Bull's Max Verstappen isn't a guaranteed winner.
- The track is unknown and coated with thin asphalt, causing uncertain driving conditions.
- McLaren's Lando Norris secured the pole for the sprint race after a rainy qualifying session that challenged drivers.
- Practices revealed unusual names at the top, hinting at an entertaining race ahead.
Apple smartphone shipments in China plummet 19% in 2024 : Apple’s challenges in china continue in the first quarter of 2024. The company's smartphone ...
wionews.com/videos/apple-smartphone-shipments-in-china-plummet-19-in-2024-714439
China’s Cheap EV Exports to Redraw Global Automaking, IEA Says: China is set to change the map of global automaking by stepping up electric-car exports that will ...
bloomberg.com/news/articles/2024-04-23/china-s-cheap-ev-exports-to-redraw-global-automaking-iea-says
Paid articlePaid Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
ft.com/content/d84df824-19c0-4105-ae95-816dd0618efb
Quick Glance: Congress Approves Potential TikTok Ban: What's Next?
- Congress has passed a law that could result in a nationwide TikTok ban. President Biden is expected to sign the bill, forcing TikTok to find a new owner or be banned from the US.
- The law gives TikTok's Chinese parent company 270 days to sell the app. Biden could extend the deadline by 90 days. The law was attached to a foreign aid package to expedite its passage.
- Since Biden has supported the law, he is likely to sign it. TikTok has vowed to take the government to court if the bill is signed.
- Experts suggest that a TikTok ban could violate free speech rights. A court challenge could temporarily block the law, but TikTok would need to comply if no injunction is granted.
India tells spice makers to give details of quality checks after Hong Kong allegations, source says
reut.rs/3w393JI
G-7 Warns China Against Aiding Russia in Its War Against Ukraine: Top diplomats from the Group of Seven countries leveled one of their strongest warnings yet ...
bloomberg.com/news/articles/2024-04-19/g-7-warns-china-against-aiding-russia-in-its-war-against-ukraine
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
Paid articlePaid
The Ukraine war is turning into a Sino-American proxy war: Xi Jinping to Olaf Scholz: All countries must have a place at the table, none should be on the menu ...
berliner-zeitung.de/politik-gesellschaft/geopolitik/ukraine-krieg-wird-zum-chinesisch-amerikanischen-stellvertreterkrieg-li.2207230
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
Paid articlePaid Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
US is reviewing risks of China's use of RISC-V chip technology: The U.S. Department of Commerce is reviewing the national security implications of China's work ...
reuters.com/technology/us-is-reviewing-risks-chinas-use-risc-v-chip-technology-2024-04-23/
Tiffany Cheung, Hong Kong YouTuber who shared journey fighting cancer, dies at 32
scmp.com/news/hong-kong/society/article/3259937/tiffany-cheung-hong-kong-youtuber-who-shared-journey-fighting-cancer-dies-32
China's ambassador to Canada leaves his post: Chinese ambassador to Canada, Cong Peiwu, who has served since 2019, has left his post and returned to China ...
reuters.com/world/americas/chinas-ambassador-canada-leaves-his-post-2024-04-21/
Hong Kong, China and a footballing dilemma: Hong Kong, China and a footballing dilemma
bbc.com/sport/football/articles/c9ezpy0ryk0o
Russia Is Working on a 128-Core Supercomputing Platform: Report: The country's notoriously ancient computer systems are due for an upgrade.
extremetech.com/computing/russia-is-working-on-a-128-core-supercomputing-platform-report
CVC Capital IPO Price Range Set for €1.6 Billion Amsterdam Listing: CVC Capital Partners and some of its investors are seeking to raise €1.6 billion ($1 ...
bloomberg.com/news/articles/2024-04-22/buyout-firm-cvc-sets-price-range-for-1-6-billion-amsterdam-ipo
Shenzhou-18 caps over two decades of Chinese human spaceflight: China will send three astronauts into low-Earth orbit on Thursday in the country's 13th crewed ...
reuters.com/technology/space/shenzhou-18-caps-over-two-decades-chinese-human-spaceflight-2024-04-24/
WADA stands by decision to clear 23 Chinese swimmers for Tokyo Olympics : The world’s top anti-doping regulator says after reviewing a documentary and other ...
apnews.com/article/china-doping-tests-wada-olympics-tokyo-061043894e68ba1be5f8a28f6a74bf6c
Australian coach defends Chinese swimming amid doping furore: Australian swimming coach Denis Cotterell has rejected allegations of orchestrated doping in ...
reuters.com/sports/australian-coach-defends-chinese-swimming-amid-doping-furore-2024-04-22/
Chinese scientists increase F-22 fighter jet’s radar signature 60,000 times with new detection method: study
scmp.com/news/china/science/article/3259428/chinese-scientists-increase-f-22-fighter-jets-radar-signature-60000-times-new-detection-method-study
Chinese business lobby hits back at EU ‘dawn raid’ on security equipment supplier
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
RIP, SSF: Unpacking the PLA’s Latest Restructuring: The Strategic Support Force is no more, and its functions are being separated into three separate arms: the ...
thediplomat.com/2024/04/rip-ssf-unpacking-the-plas-latest-restructuring/
Humble China street vendor makes sacrifices to support academically gifted daughters who gain PhD and master’s degree
scmp.com/news/people-culture/trending-china/article/3256292/humble-china-street-vendor-makes-sacrifices-support-academically-gifted-daughters-who-gain-phd-and
India tells spice makers to verify quality after Hong Kong allegations: India's spice exports regulator has asked MDH and Everest to provide details of quality ...
reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/
China Plays Long Diplomatic Game in Iran-Israel Feud as Middle East Simmers: Hi, I'm Ben Holland in Hong Kong, where my 15 years of experience covering the ...
bloomberg.com/news/newsletters/2024-04-19/china-plays-long-diplomatic-game-in-iran-israel-feud-as-middle-east-simmers
Massive river flooding expected in China's Guangdong, threatening millions
reut.rs/49LbfDi
Quick Glance: Massive Flooding Threatens Millions in China's Guangdong
- Major rivers, waterways, and reservoirs in China's Guangdong province are at risk of dangerous floods, putting over 127 million people in jeopardy.
- Local weather officials highlighted the severity of the situation, with certain river sections experiencing rare spikes in water levels, prompting emergency responses.
- The province has been hit by heavy rainfall and strong winds due to severe convective weather, affecting various parts of China in recent weeks.
- Reports of flooding, evacuations, power outages, and school closures have emerged, signaling the need for emergency preparedness and relief efforts to mitigate the impact of the flooding.
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
Paid articlePaid US and Philippines launch Balikatan joint military drills in South China Sea: Annual exercises will include coast guard at forefront of recent clashes with ...
ft.com/content/fbbf8d67-0c67-4e3a-b590-15438bfc5202
San Francisco mayor announces the city will receive pandas from China: San Francisco is the latest U.S. city preparing to receive a pair of pandas from China ...
apnews.com/article/china-san-francisco-zoo-pandas-2657e35111579b2a4cba8b5915a71bd1
Quick Glance: San Francisco to Receive Pandas from China
- San Francisco is set to be the next U.S. city to welcome a pair of pandas from China as part of the 'panda diplomacy' program between Washington and Beijing.
- Mayor London Breed announced that the San Francisco Zoo has been chosen to house the giant pandas.
- The city has been working closely with Chinese and Asian and Pacific Islander communities to strengthen the existing cultural connection.
- China Wildlife Conservation Association (CWCA) will collaborate with city officials to prepare for the pandas' arrival in 2025 and establish technical standards for their conservation.
Russia's Nornickel moves closer to biggest buyer with plan for copper plant in China
reuters.com/markets/commodities/russias-nornickel-move-copper-plant-china-ceo-tells-interfax-2024-04-22/
Maldives election: Voting begins in parliamentary polls: Maldivians are voting in parliamentary elections, in a ballot crucial for President Mohamed Muizzu ...
apnews.com/article/maldives-parliament-election-india-china-7b4dad89b4c99fe564c02e2286564c24
Quick Glance: Pro-China Party Secures Overwhelming Victory in Maldives Election
- President Mohamed Muizzu's PNC party wins by a landslide in Sunday's election, gaining control of parliament with a supermajority.
- The PNC, with three additional seats from allies, secures 70 out of 93 seats, signaling a shift towards China from India.
- Official results confirmation is expected soon, with the new assembly set to take office in early May.
- The election serves as a pivotal moment for Muizzu's agenda of closer economic ties with China following his previous win in the presidential election.
Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...
reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Quick Glance: Tesla responds to declining sales with global price reductions
- Tesla has lowered prices in various key markets, including China and Germany, to address the declining sales and increasing price competition for electric vehicles.
- The recent price reductions come in light of a decrease in Tesla's global vehicle deliveries in the first quarter, marking the first time in nearly four years.
- The starting price of the revamped Model 3 in China was reduced by 14,000 yuan to 231,900 yuan. Similarly, in Germany, the price of the rear-wheel-drive Model 3 was decreased from 42,990 euros to 40,990 euros.
- In addition to the mentioned price cuts, there were reductions in many other countries across Europe, the Middle East, and Africa. Prices for the Model Y, Model X, and Model S vehicles in the US were decreased by $2,000. Moreover, Tesla slashed the price of its Full Self-Driving Software in the US from $12,000 to $8,000.
Heavy Rains and a Water Spout Hit Southern China: Bad weather in Guangdong Province forced evacuations as forecasters warned of more rain and potential flooding.
nytimes.com/2024/04/21/world/asia/china-rain-hong-kong-waterspout.html
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
Russia is in third place: Ukraine war pushes global military spending to all-time high
n-tv.de/politik/Ukraine-Krieg-treibt-weltweite-Militaerausgaben-auf-Hoechststand-article24890574.html
China's US envoy urges cooperation, cites 'severe' challenges: China's ambassador to the United States urged the two superpowers to cooperate on improving ...
reuters.com/world/chinas-us-envoy-urges-cooperation-cites-severe-challenges-2024-04-21/
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