Hong Kong

Facebook is Meta

Facebook, Instagram remove Chinese network over fake ‘Swiss biologist’ COVID claims

Facebook owner Meta Platforms Inc has said it had removed accounts used by an influence operation originating in China that promoted claims of a fake “Swiss biologist” ...

Platform News: Didi

Beijing presses Didi to delist from US over data security fears

Chinese regulators have pressed top executives of ride hailing giant Didi to devise a plan to delist from the NYSE due to concerns about data security, two people with knowledge of...

Crypto Coins

Peru’s central bank joins global push to develop a digital currency

Peru is joining the global push to develop a central bank digital currency (CBDC), central bank President Julio Velarde said on Tuesday, as policymakers worldwide seek to keep pace...

Hong Kong

China regulator proposes cybersecurity review for some Hong Kong IPOs

China’s cyberspace regulator has proposed requiring companies pursuing share listings in Hong Kong to apply for cybersecurity inspections if they handle data that concerns na...

Platform News: 5G and data transfer

‘Fake it until you make it’: 5G marketing outpaces service reality

Mobile phone companies advertise high-speed 5G service with US maps splashed with pink or blue to suggest widespread coverage, but the latest generation wireless technology is actu...

Platform News: Jack Ma, the founder of Alibaba

Billionaire Alibaba founder Jack Ma in Hong Kong?

Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent ...

Bitcoin China

Cryptocurrency exchanges rush to cut ties with Chinese users after fresh crackdown

Cryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients, after Beijing issued a blanket ban on all crypto trad...

Crypto Coins

Crypto-linked stocks plunge in Hong Kong, bitcoin steadies

Cryptocurrency-linked stocks dropped in Hong Kong on Monday morning, after Chinese authorities intensified their crackdown on the industry, while major cryptocurrencies steadied.

Tencent Holdings

Chinese gaming stocks in freefall after regulators summon firms

Chinese gaming and media stocks including Tencent and NetEase fell a day after authorities summoned them and other gaming firms to ensure they implemented new rules for the sector.

Platform News: Binance

Binance removes Singapore products on main platform after regulator’s warning

Embattled Binance, which remains one of the world’s largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state’s centra...

Platform News: A visualisation of Bitcoin, digital currency and cryptocurrency

US SEC charges BitConnect founder with $2 billion cryptocurrency fraud

The top US securities regulator has sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about $2 billion f...

JD.com

JD.com adds record new users in Q2 amid regulatory tightening

Chinese e-commerce giant JD.com Inc told investors it does not expect any business impact from a wave of regulations hitting Chinese industry, after beating analysts’ expecta...

Platform News: China

China steps up tech scrutiny with rules over unfair competition, critical data

China has moved to tighten control of its technology sector, publishing detailed rules aimed at tackling unfair competition and companies’ handling of critical data.

Google Cloud

Banks take steps to reduce potential cloud computing risks, Google survey

Banks are taking steps to mitigate risks from their increasing use of external cloud computing services, a survey by Harris Poll and Google Cloud has said.

Platform News: NetEase

Sources: NetEase delays $1 billion Hong Kong listing of music streaming firm

NetEase Inc has delayed the $1 billion Hong Kong IPO of its music streaming service Cloud Village because of volatile trading in China’s major tech companies, two people with...

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