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The Latest Breaking News on China tech

Shanghai Composite Index Fell 0.62% on Friday

Shenzhen Component Index closed down 0.81%

Caixin Global

TikTok's new feature is very similar to classic Facebook button

The feature is supposed to help small creators

Liverpool Echo

Shanghai Composite Index Fell 0.11% on Thursday

Shenzhen Component Index closed down 0.13%

Caixin Global

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Shanghai Composite Index Rose 0.49% on Tuesday

Shenzhen Component Index closed up 0.12%

Caixin Global

Shanghai Composite Index Rose 2.06% on Monday

Shenzhen Component Index closed up 2.03%

Caixin Global

China top tech dealmaker goes missing amid graft crackdown

Shares of the company that operates one of China’s top investment banks, China Renaissance, plunged Friday after the firm said it had lost touch with its founder Bao Fan, one of the country’s most high-profile bankers

The Independent UK

China Green Bulletin: New Ford-CATL Battery Plant, Green Energy Capacity Trumps Coal

Chinese firms search the world for mining assets, Beijing promotes EVs in rural areas

Caixin Global

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TikTok Planning 2 More Data Centers in Europe amid Data Security Concerns

Chinese social media company TikTok plans to open two more data centers in Europe, a senior executive said on Friday, a move that could mitigate concerns over the security of users' data and ease regulatory pressure on the company. TikTok has been seeking to assure governments and regulators that users'…

Asharq Al-Awsat

Shanghai Composite Index Fell 0.77% on Friday

Shenzhen Component Index closed down 1.61%

Caixin Global

China’s top tech dealmaker Bao Fan goes missing

The billionaire investment banker is unreachable, according to the investment bank he founded.

Al Jazeera

Shanghai Composite Index Fell 0.96% on Thursday

Shenzhen Component Index closed down 1.3%

Caixin Global

Online Grocer Dingdong Posts First-Ever Quarterly Profit After Slashing Costs

The turn to profitability also comes with the demise of former archrival Missfresh, which in July shuttered its mainstay instant-delivery retail business

Caixin Global

Shanghai Composite Index Fell 0.39% on Wednesday

Shenzhen Component Index closed down 0.25%

Caixin Global

Chinese cameras leave British police vulnerable to spying, says watchdog

Warning in surveillance commissioner’s report comes after Chinese CCTV cameras banned from government property

The Guardian - UK

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Caixin Global

Developer Seazen Loses Contact With Co-President Qu Dejun

Executive who hasn’t been seen in public since Jan. 16 is said to be cooperating with authorities probing matters related to his career at Wanda Group

Caixin Global

Shanghai Composite Index Fell 0.3% on Friday

Shenzhen Component Index closed down 0.59%

Tribune News Service

Little-noticed US funding for China tech sector now draws scrutiny

WASHINGTON — Even as Washington takes a hard line on keeping U.S. technology and data beyond China’s reach, the federal government has thus far been slow to close another channel of technology assistance: potentially billions of dollars in U.S. investment in Chinese tech startup companies.

The Independent UK

Chinese e-retailer JD.com leaving Thailand, Indonesia

Chinese online retailer JD

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The Guardian - UK

China to take ‘golden shares’ in tech firms Alibaba and Tencent

Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check

Bangkok Post

TikTok's Efforts to Distance Itself From Chinese Parent Stumble Over Talent

TikTok has accelerated efforts to move workers away from China in an attempt to distance itself from its Chinese parent, but the short-video app still counts on local talent to handle some key functions and continues to recruit there.

Caixin Global

Douyin Accused of Foul Play Over World Cup 4K Streaming Rights

Court orders ByteDance’s popular short video app to remove ads promoting its 4K live streaming after a China Mobile subsidiary complained

Benzinga

Cross-Border E-commerce Trader Zibuyu Files for IPO Despite Sinking Profits

Key Takeaways: Cross-border e-commerce company Zibuyu has filed for a Hong Kong IPO, but could be undermined by its heavy reliance on Amazon and the U.S. market The company’s first-half profit plunged 46% as its merchandise return rates and costs both rose sharply By Stone Shek

The Guardian - UK

Beijing-backed Chinese language schools in UK to be replaced with teachers from Taiwan

MPs in talks with Taiwan to help phase out Confucius Institutes as relations between the countries worsen

The Independent UK

China grants gaming license to NetEase, 1st since crackdown

China has granted a game license to its second largest gaming firm, NetEase, the first in over a year in a possible sign Beijing may be easing a crackdown on the industry

Benzinga

Alibaba, Baidu Slide Over 3% As Wall Street Horror Spreads To Hong Kong Stocks: Report Sparks Fears Of US-China Tensions Over Taiwan

Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.

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