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Sunday, Sep 25, 2022
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Jack Ma
Hong Kong customs seizes frozen Wagyu beef worth HK$2 million
Raid came after officers spotted men loading goods from a van onto two speedboats in Sai Kung.
Stock Connect expansion will pull more firms to HK
Financial Secretary Paul Chan Mo-po said yesterday China's move to allow more Hong Kong-listed overseas companies to be included in the stock connect program with the mainland will help attract more foreign firms to go public here.
China securities regulator says will implement Sino-U.S. audit deal
China will implement an audit agreement with the United States announced last week and will strengthen communication with foreign investors, a senior Chinese securities regulatory official said on Friday.
New U.S. curbs on sales of Nvidia AI chips to China spark selloff
New restrictions on exports of cutting-edge chips from Nvidia Corp (NVDA.O) to China have signaled an escalation of the U.S. crackdown on Beijing's technological prowess and alarmed investors already worried about an industry downturn.
China's JD.com beats quarterly revenue estimates
Chinese e-commerce giant JD.com Inc (9618.HK), beat Wall Street estimates for quarterly revenue on Tuesday as lockdowns in China to control the coronavirus boosted online shopping and the company's "618" shopping event.
China's cyber watchdog wants 'affectionate' ties with domestic internet firms
China's cyberspace watchdog wants to build an "affectionate" relationship between internet enterprises and the government, a senior official said on Friday, the latest verbal assurance to an industry still on edge after a long and bruisi...
Mixed Messages Coming From Iran Nuclear Talks In Vienna
Diplomats engaged in Iran nuclear talks in Vienna sent conflicting messages on Sunday regarding possible progress to reach an agreement over reviving the 2015 deal.
SoftBank reports record $23B quarterly loss as tech downturn hits
Japanese technology investor SoftBank Group Corp. on Monday reported a record quarterly loss of more than $23 billion after its Vision Fund investments suffered from the global selloff in technology shares.
AMTD Digital: How a small Hong Kong firm's shares soared
A little-known Hong Kong company has seen its stock market value soar in recent days, for no apparent reason.
Hong Kong must brace for US delisting Chinese firms, finance chief warns
More than 150 Chinese companies are now on a provisional line-up of firms to be removed from American exchanges under a 2020 law.
Alibaba is at the center of a huge Hong Kong-Wall Street realignment
China’s e-commerce technology behemoth—debuted on the New York Stock Exchange at a market valuation of $25 billion, becoming the U.S.’s largest-ever initial public offering.
Hong Kong Airport City: Supercharging Growth
The global pandemic has sent shockwaves across nearly every industry, exposing especially sizable vulnerabilities in supply chains and the travel sector.
Hong Kong utility bill may be enough to appeal rejection for HK$5,000 handout
About 240,000 people disqualified from HK$5,000 consumption voucher scheme after officials rule there is no evidence they are Hong Kong residents.
Police warn of job scam involving commission for boosting sales
Hong Kong police said on Friday they have in the past week received 45 reports of “boosting sales” scams – a type of employment fraud involving fraudsters sending fake job offers such as “order handlers” by SMS offering unemployed victim...
Log4j software flaw 'endemic,' new cyber safety panel says
A computer vulnerability discovered last year in a ubiquitous piece of software is an “endemic” problem that will pose security risks for potentially a decade or more, according to a new cybersecurity panel created by President Joe Biden.
India to surpass China as most populous country in 2023, U.N. report says
India is set to surpass China as the world's most populous country in 2023, with each counting more than 1.4 billion residents this year, a United Nations report said on Monday, warning that high fertility would challenge economic growth.
China regulator fines Alibaba, Tencent for disclosure violations
China has imposed fines on technology giants Alibaba (9988.HK) and Tencent (0700.HK) as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country's market regulator said ...
Hacker claims to have obtained data on 1 billion Chinese citizens
Personal information allegedly taken from Shanghai police database would be one of biggest data breaches in history.
US Supreme Court ruling on environmental protection ‘a setback in our fight against climate change’
The ruling by the United States Supreme Court against the Environmental Protection Agency (EPA) on Thursday, is “a setback in our fight against climate change”, said the UN spokesperson Stéphane Dujarric.
Mainland pop culture gains traction among young Hong Kongers
For more than two years, Hong Konger Au Ka-ki has not traveled to Shenzhen for weekends as she used to before the COVID-19 pandemic. But she is still able to buy a cup of milk tea from her favorite mainland drink brand at a shop nearby.
Analysis: Record numbers of Chinese graduates enter worst job market in decades
Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon graduation, following four rounds of arduous interviews.
Eliminate nuclear weapons before they eliminate us: UN chief
Nuclear weapons are “a deadly reminder of countries’ inability to solve problems through dialogue and collaboration”, UN Secretary-General António Guterres said on Tuesday, urging the international community to abandon them once and for ...
China's JD.com posts slowest growth ever in '618' shopping event
Total sales by China's e-commerce giant JD.com (9618.HK) rose 10.3% over the 18 days to Sunday during the first major shopping festival since a recent COVID-19 outbreak, the company said, sharply down from the 2021 event's growth of 27.7%.
The e-CNY is not just another cryptocurrency. Here’s why
Central banks are unlikely to use blockchain for minting digital currencies, as other database technologies are often just as secure and custom solutions may be more secure.
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