Friday, January 21st, 2022

Tag: Chinese

Not recommending Nio or any Chinese stocks

Veru: “Veru is in for a very important breast cancer indication. They just got fast-track designation by the FDA this morning. It’s at $5. It made no sense that the stock didn’t...

Chinese Premier Li Keqiang urges more tax cuts to boost China’s slowing economy

“Our country’s economy is facing new downward pressures,” Premier Li Keqiang told financial and tax officials at a meeting Wednesday in Beijing, according to the government news agency Xinhua. “It is necessary … to...

Chinese ‘live-streaming queen’ Viya hit with huge tax evasion penalty

Chinese live-stream shopping influencer Huang Wei, known as Viya, has received a $210 million penalty for tax evasion and has been kicked off social media. It’s the largest penalty ever imposed on a live-streamer,...

Chinese electric car start-up Nio reveals a new sedan AR VR glasses

Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio BEIJING — Chinese electric car company Nio revealed Saturday a new sedan and custom augmented reality (AR) glasses that reduce the...

Hu Xijin, top editor at major Chinese state tabloid the Global Times, retires

He added that he will continue as a “special commentator” for the tabloid, and will “continue to contribute to the development of the Global Times and continue to do my best for the [Chinese...

Weibo fined by Chinese regulator for publishing illegal information

The Cyberspace Administration of China (CAC) said Weibo had violated a cybersecurity law on the protection of minors as well as other laws but did not give further details. It also said Beijing’s local...

‘Risk of Chinese miscalculation through overconfidence is real’

MI6 Chief Richard Moore speaks at the International Institute for Strategic Studies, London, where he said that Britain’s intelligence agencies must open up to co-operation with the global tech sector if they are to...

Chinese factory activity data for November, oil prices

SINGAPORE — Shares in Asia-Pacific mostly rose in Tuesday trade as Japanese stocks led gains regionally, with investors reacting to the release of Chinese factory activity data for November. Japan’s Nikkei 225 gained 1.26%...

Chinese real estate developer Kaisa announces debt restructuring plan

Kaisa Group Holdings Ltd.’s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Kaisa announced Thursday plans...

U.S. blacklists dozens of Chinese tech firms

Chinese and U.S. flags flutter outside a company building in Shanghai, China November 16, 2021. Aly Song | Reuters WASHINGTON – The Biden administration added a dozen Chinese companies to its trade blacklist on...