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The Latest Breaking News on China tech

China's YMTC Starts Producing Mysterious New Memory, Ups 3D NAND Prices

Despite the market downturn, YMTC ups 3D NAND prices in China.

Tom’s Hardware

Shanghai Composite Index Fell 0.37% on Tuesday

Shenzhen Component Index closed down 0.34%

Caixin Global

Shein steals artists' designs, a federal racketeering lawsuit says

Three artists are accusing the e-commerce giant of selling exact copies of their designs on its website. Shein has faced similar accusations before.

WEKU

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Chinese Govt. Funds CUDA-Compatible GPU Startup to Compete Against Nvidia

Chinese government funds a domestic GPU designer to develop GPUs that will leverage Nvidia's CUDA.

Tom’s Hardware

Should Investors Buy or Sell Alibaba Group Holding (BABA)?

While Chinese tech conglomerate Alibaba (BABA) witnessed signs of recovery across its businesses this year following the nation’s reopening and easing regulatory measures, the recovery appears uneven as the company missed fourth-quarter revenue expectations. So, should investors buy or hold this tech stock? Read more to find out….

StockNews.com

Shanghai Composite Index Fell 0.78% on Wednesday

Shenzhen Component Index closed down 0.99%

Caixin Global

Mix Fold 3 aims to launch against Galaxy Z Fold 5 only in China

Xiaomi makes some exceptional phones, and foldables are among them, but the latter don't usually see a global launch; the third iteration seems to fall in the same path.

Android Central

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Shanghai Composite Index Rose 0.22% on Monday

Shenzhen Component Index closed up 0.5%

Caixin Global

Ant to buy back shares at 70% lower valuation than at IPO

Jack Ma-backed Ant Group Co is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the company.

The Times of India

Chinese tech firms handed massive fines

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

Bangkok Post

Shanghai Composite Index Fell 0.28% on Friday

Shenzhen Component Index closed down 0.73%

Caixin Global

US Set To Restrict China’s Access To Cloud Computing Services From Amazon, Microsoft

China's access to the Microsft and Amazon will be limited as the U.S. see Chinese techologies as national security concerns.

Zenger

Meta’s China Return Hits Roadblocks Over CEO’s Image And Censorship Worries

Meta's attempt to re-enter China faces challenges due to CEO's non-friendly image and concerns over censorship rules.

Zenger

Shanghai Composite Index Rose 1.31% on Monday

Shenzhen Component Index closed up 0.59%

Caixin Global

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news in one place.

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WEKU

Shein invited influencers on an all-expenses-paid trip. Here's why people are livid

After a recent trip to some of the company's facilities in Guangzhou, China, young tastemakers fawned over happy employees and sweat-free working conditions. Now the influencers are facing a backlash.

Caixin Global

Shanghai Composite Index Rose 0.62% on Friday

Shenzhen Component Index closed up 1.02%

Caixin Global

Shanghai Composite Index Fell 0.22% on Thursday

Shenzhen Component Index closed down 0.1%

Nottingham Post

Shein shoppers 'in love' with 'flattering and classy' £8 dress that suits 'all shapes and sizes'

The dress currently sits in second place in the store's top ranked list of dresses across the whole site

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Wales Online

Shein shoppers 'in love' with 'flattering' £8 dress that has 1,000 five star reviews

The dress currently sits in second place in the store's top ranked list of dresses across the whole site

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed down 0.47%

Caixin Global

Shanghai Composite Index Fell 1.48% on Monday

Shenzhen Component Index closed down 1.68%

Caixin Global

Shanghai Composite Index Fell 1.31% on Wednesday

Shenzhen Component Index closed down 2.18%

The Independent UK

Chinese e-commerce giant Alibaba announces new CEO and chairman in major management reshuffle

China’s Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies

Caixin Global

Shanghai Composite Index Fell 0.47% on Tuesday

Shenzhen Component Index closed up 0.28%

The Independent UK

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags

Shoppers were treated to deep discounts, new products and payment plans as online merchants sought to revive their sluggish appetite for spending during China’s first major online shopping festival after the end of zero-COVID policies

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