China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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682 articles matching the search query.
China Tech Rout Deepens as New Regulations Mulled; Alibaba Dives
The rout in Chinese technology giants deepened on Thursday after the industry was hit with a fresh round of proposed regulations.
Tencent Doubles Social Aid to $15 Billion as Scrutiny Grows
Tencent Holdings Ltd. is doubling the amount of money it’s setting aside for social responsibility programs, marking one of the largest philanthropic efforts by China’s internet giants as regulatory scrutiny intensifies.
Tencent to Work With Chinese Regulators to Limit Minors’ Online Game Time
The Chinese tech company made the pledge as it reported slowing revenue growth in electronic games amid China’s intensifying scrutiny of the tech sector.
Chinese president vows to ‘adjust excessive incomes’ of super rich
Chinese Communist party to crack down on almost weekly creation of billionaire company bosses
Tencent is Ready to Back its Biggest Investment Yet Ahead of Chinese Regulations
Humility and obedience are a required down payment for companies hoping to show their fealty to Chinese regulators.
Tencent Looks Abroad as Beijing Tightens the Screws at Home
With its credit in Beijing taking a steep nosedive, Tencent’s overseas expansion can soften the blow from regulatory ire at home.
Rift Forms on Didi’s Board Following Beijing’s Regulatory Assault
A rift has developed among the top executives of three of China’s internet giants, in the wake of Didi Global’s decision to go public in New York.
Tencent’s fintech outshines gaming revenue growth amid regulatory scrutiny
Chinese social media and gaming giant Tencent Holdings posted US$6.6 billion in second-quarter profit amid Beijing’s tighter scrutiny of Big Tech.
Tencent Warns of More China Tech Curbs After Growth Sputters
Tencent Holdings Ltd. warned investors to brace for more regulatory curbs on China’s tech sector, telegraphing that Beijing plans to expand restrictions over its internet giants.
Alibaba’s U.S. Shares Fall to Lowest Since 2019 as China Cracks Down
The shares of several tech companies declined after authorities in Beijing released a new round of proposed regulations.
Alibaba’s new blockchain auction site is selling rights to Star Wars art
A new section of Alibaba Auction allows artists to sell the rights to their works using blockchain, with bids next month starting at US$15 per piece.
China Tech Stocks Hit by Salvo of Criticism Over Games
Chinese technology stocks slumped Monday after sustaining another round of criticism from state media over online games.
China State Media Seeks Strengthened Oversight for Online Games
China should tighten regulations of online games to ensure they don’t misrepresent history, state media reported after a government-controlled agency criticized the industry earlier this month.
China’s Corporate Intervention Drives Investors to Industries Beijing Supports
The government corporate intervention in China that has hammered internet stocks is driving investors to sectors still in Beijing’s good graces.
Beijing’s tech crackdown trips trading debut of Tencent-backed Krafton
The PUBG: Battlegrounds creator’s disappointing launch has come after Chinese state media’s latest broadside against video gaming and market leader Tencent.
Alibaba Scandal Gives China's #MeToo Another Chance to Take Hold
Today’s top tech stories:
China Tech Stocks Rise as Analysts Turn Positive After Selloff
Chinese internet stocks rallied in Hong Kong on Tuesday after some brokers started to turn optimistic on the sector and said investors were making an attempt to find a bottom in prices after the recent selloff.
We Doctor Said to Face Data Queries From HKEX Ahead of IPO
We Doctor Holdings Ltd. is fielding queries about its data governance from Hong Kong Exchanges and Clearing Ltd. as the Chinese health-care startup pursues an initial public offering in the city, according to people familiar with the matter.
ByteDance Lays Off Hundreds After China’s Education Crackdown
TikTok-owner ByteDance Ltd. has laid off hundreds of employees as the social giant shuts down a significant part of its online education businesses to comply with Beijing’s new regulatory regime for the after-school tutoring industry.
China TikTok-Rival Kuaishou Craters, Widens China Tech Rout
Kuaishou Technology fell the most on record after a post-listing lockup on sales of its shares expired, underscoring the extent of investors’ fears about a widening Chinese online crackdown.