China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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67,925 articles matching the search query.
Alibaba: China tech giant shares jump after breakup plan announced
The Chinese technology giant will embark on the biggest restructuring in its history.
Bitcoin, Ethereum, Dogecoin Rise Amid CFTC Binance Lawsuit: Analyst Says Apex Crypto Under $30K Is A Gift
Major coins traded in the green on Tuesday evening as investors continued to process the implications of the Commodity Futures Trading Commission, or CFTC, lawsuit against Binance and its founder Changpeng Zhao.
Alibaba revamp plan lifts tech stocks in Hong Kong, pushes index past 20,000
Alibaba Group gained US$34 billion in value over the past 24 hours. helping power a rally in Chinese tech stocks after a business revamp. The move came a day after co-founder Jack Ma returned to mainland China.
Alibaba Leads China Tech Gains as Investors Cheer Breakup Plan
Alibaba Group Holding Ltd.’s massive overhaul plan boosted Chinese tech stocks, with investors betting the sector is in for an overdue revaluation as the regulatory environment improves.
Alibaba shares soar 15% in Hong Kong on news of major overhaul
Alibaba in its announcement to split its company into six business groups is aimed to "unlock shareholder value."
SoftBank Shares Soar After Alibaba Unveils Breakup Plans
SoftBank Group Corp. surged in Tokyo trading after Alibaba Group Holding Ltd. announced a six-way split of its businesses, fueling optimism for a recovery at one of the Japanese company’s most important holdings.
China e-commerce giant Alibaba outlines future strategy
Top executives of Chinese e-commerce and financial giant Alibaba say it plans to spin off some of its sprawling e-commerce and finance empire as independent businesses to make them more flexible and maximize their value.
Chinese miners targeted like ‘sweet pastry’ in Africa, so why are they staying?
Investors from China are tapping into the wealth of resources across the continent but in many regions, they are also in the path of violence.
BYD profit surged by 400% last year as the electric vehicle market keeps going in China
After posting record sales, China's largest EV company is looking to take on Tesla
Foreign Startups Fearful of Returning to Post-Covid Zero China
China wants the world to know its economy is open for business again, but foreign startups and smaller companies have a growing list of reasons the giant consumer market is losing its allure.
Biden Aide Speaks With China Counterpart as Tension Spikes
White House National Security Advisor Jake Sullivan spoke with China’s top diplomat Wang Yi on Friday, people familiar with the matter said, as the two sides look to ease tensions that have continued to build in recent months.
Crypto’s Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, Coinbase
The crypto revolution was supposed to make finance more decentralized, but much of the industry is centralized. Regulatory pressure could change that.
CFTC ‘Goes Straight For The Knockout’ In Complaint Against Binance
Latest U.S. move against the world’s largest crypto exchange comes as federal judge stalls purchase of Voyager assets.
Binance Sees $2 Billion in Outflows as Troubles Compound
In a tumultuous few days, the crypto giant raised fees, suffered software issues and faced a regulator lawsuit.
Ernie Bot, China’s answer to ChatGPT, is delayed — again
Baidu's Ernie Bot is not being rolled out to the public. But we found Ernie Bot shuts down the conversation when asked about anything remotely sensitive.
'There Is a Lot to Unpack’ in CFTC's Complaint Against Binance: Coinbase Chief Legal Officer
Coinbase Chief Legal Officer Paul Grewal reacts to the CFTC alleging Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs. "There's a lot to unpack. The CFTC has undertaken a great effort to understand what's been happening," Grewal said.
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit
The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s actionagainst Binance and CEO Changpeng Zhao.
Crypto Council Not Surprised CFTC Is Targeting Binance
Sheila Warren, Crypto Council for Innovation CEO, isn't surprised the CFTC is saying that crypto exchange Binance Holdings and its chief executive officer Changpeng Zhao broke American derivatives rules. She's on "Bloomberg Crypto." (Source: Bloomberg)
Chicago-Based Radix Trading Is One of Three Quant Firms in Binance Suit: WSJ
The CFTC's lawsuit against Binance and CEO Changpeng Zhao noted at least three U.S.-based quantitative firms that were active on the exchange.
Bitcoin price holds its ground in the wake of CFTC case against Binance
Bitcoin’s week got off to a rocky start, but investors are beginning to see a light at the end of the tunnel.
Who are the 15 arrested Hong Kong pro-democracy leaders?
On April 18, Hong Kong police arrested 15 well-known pro-democracy leaders for their roles in allegedly organizing and participating in unlawful mass assemblies last August and October. Ryan Tang explains who each of these leaders is.
Editor’s note for Wednesday, April 22, 2020
Dear Access member, In our reporting on the crisis in Sino-African relations caused by the ill treatment of African residents of Guangzhou, we have been using the…
Editor’s note for Tuesday, April 21, 2020
Dear Access member, Two things to think about: “Magical thinking — you could call it denial — hampered the ability of even some of the most…
Hong Kong rounds up pro-democracy leaders as Beijing asserts power over the city
The China Project illustration by Derek Zheng Last week, we noted that the rule of law in Hong Kong took another setback when Luò Huìníng 骆惠宁…
