Page 22 - Clearing Ltd News Today

© Reuters. FILE PHOTO: A sign on a Chinese Cyberspace Administration (CAC) office is seen in Beijing, China, on July 8, 2021. REUTERS / Thomas Peter B

From March 1, China will also implement rules governing the use of algorithm recommendation technology

SHANGHAI, Jan 4 — China said today it will put in force new rules to increase its oversight of plans by Chinese platform firms to list on overseas stock markets in the latest move to tighten its grip on its sprawling technology sector. The Cyberspace Administration of China (CAC) said the new...

Cyberspace Administration of China will apply new rules to firms that hold data for more than 1 million users.

China on Tuesday said it would put in force new rules that will strengthen oversight over how its platform companies make plans to list abroad or use algorithms, in moves set to further tighten Beijing's grip over its sprawling technology sector.

New rules will boost oversight over how companies make plans to list abroad, use recommendation algorithms

A new listing regime for special purpose acquisition companies (SPACs), also called blank check companies, will come into force in January 2022.

LONDON, Dec. 3, 2021 /PRNewswire/ -- Krane Funds Advisors, LLC, ("KraneShares"), an asset management firm known for its global exchange-traded funds (ETFs) and innovative investment strategies

The prosecution had failed to provide unchallenged evidence that Eugene Yeoh had received bribes from his co-defendant, Richard Lum, said the judge.

Foreign investors' growing interest in the Chinese mainland's A shares and improving market connectivity with the mainland will further enhance Hong Kong Special Administrative Region's status as a key international financial hub, market experts said on Thursday.