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An executive order from President Biden on American data security means some Chinese apps will have to toughen up protection if they want to stay in the market, Reuters reports. Biden last week signed an order to replace one from former President Trump that implemented bans against WeChat (TC...
China is ramping up pressure on its Internet companies, pushing more antitrust scrutiny of the homegrown firms, according to The Wall Street Journal. That includes surprise government visits to companies including ride-hailing company Didi Chuxing (DIDI), the report says, with senior executiv...
A litany of contradictions surfaced last week, including the continued filings of U.S. IPOs by Chinese companies despite the rising political tensions between the U.S. and China. The suppression of Chinese technological advancements appeared to have spurred China's self-reliance, bene...
5./15 WEST/iStock Unreleased via Getty Images President Biden has signed a new executive order directing a review of data collection by foreign-owned apps, in the process undoing three executive orders from former President Trump targeting Chinese apps. With one order, Trump had sought to ban...
As it stands, the disclosed potential deal doesn't make a lot of sense. It seems like there's something missing that would explain why Ackman and Pershing Square would go to this length. It is also unclear to me why it took so long; the deal appears to have little downside to Vive...
Prosus (PROSY +0.7%), one of the biggest investors in Tencent Holdings (TCEHY -0.2%), is seemingly redirecting part of its Tencent stake into online tech learning via a $1.8B deal for developer community Stack Overflow. It's one of the biggest acquisitions for Prosus, a holding of Naspers (NP...
Polen Capital is a global independently-owned growth equity boutique, led by an experienced team of investment professionals who are committed to preserving and growing the assets of our clients through a prudent and disciplined long-term investment approach. During the first quarter ...
The strengthening in the Chinese yuan spurred investors to rotate back into growth and consumer names. Whether the rotation play into value and cyclical has halted remains to be seen. Tencent Holdings faced several negative developments in the past week. Yet, shareholders were st...
Chinese ETFs had their time in the sun, outperforming their U.S. counterparts last week as the latter was mired in inflation worries and the rout in cryptocurrencies. Media coverage on Alibaba and Ant Group has turned positive while Tencent becomes the new fall guy. Baidu delivere...
Tencent sailed smoothly through the past quarter's storms. Just as other Chinese platform companies, it will reinvest some of its incremental profits back into the business. While the company added more detail on these investments than other peers, investors remain concerned about...
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Cutting-edge technologies at Hong Kong tech fairs attract over 66,000 buyers worldwide HONG KONG, Apr 16, 2023 - (ACN Newswire) - Hong Kong showcased its strengths in innovation and technology (I&T) at a series of innovation and tech fairs, including the first-ever InnoEX co-org...
Inaugural InnoEX kicks off today HONG KONG, Apr 12, 2023 - (ACN Newswire) - The first-ever InnoEX, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), which is running in conjunction with the...
Inaugural InnoEX promoting Hong Kong's Innovation and Technology Development HONG KONG, Mar 28, 2023 - (ACN Newswire) - Innovation and technology (I&T) play an important role in Hong Kong's development blueprint, especially in the growing demand for smart city technologies and a...