The Latest Breaking News on China tech

State Armor Action's ad campaign exposes TikTok's ties to CCP, raising national security concerns.

Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards the tech sector.

Shenzhen Component Index closed up 1.46%

Shenzhen Component Index closed up 0.6%

The EU also sent requests for info to tech giants on their use of generative artificial intelligence.

China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its Chinese parent company, blasting Washington's "bandit" mentality and vowing Beijing would "take all necessary measures" to protect the interests of its companies overseas.

Shenzhen Component Index closed down 0.52%

China is reportedly making huge progress in becoming self-sufficient in the tech industry. China is on a beeline to get all of its state-wide institutions on domestic technology by 2027.

With rapid e-commerce expansion, the upsurge in social media networking, and the emergence of new, advanced technologies, the internet industry is flourishing. Amid this, let’s analyze compelling factors that make internet stocks Alibaba (BABA) and Amazon (AMZN) ideal buys now. Continue reading….

Shenzhen Component Index closed down 1.37%

Breach could disrupt Shein’s reported plans to list in UK as companies are legally required to declare ‘person with significant control’