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April 9, 2021
Exclusive: China set to clear Tencents $3.5 billion Sogou deal subject to data security conditions: sources 4 Min Read (Reuters) - China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. FILE PHOTO: A Tencent logo is seen at its booth at the...
April 9, 2021
By Pei Li and Julie Zhu (Reuters) - Chinas antitrust regulator is ready to clear tech giant Tencent Holdings Ltds plan to take the countrys no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. The regulator, State Administration of Market Regulation (SAMR), has no objection to the $3.5 billion deal for the 60% of U.S.-listed Sogou that Tencent do...
April 9, 2021
4 Min Read (Reuters) -China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. FILE PHOTO: A Tencent logo is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Ti...
April 9, 2021
* Approval pending data security, private info protection remedies -sources * Huya-Douyu merger, subject to similar remedies, to be approved soon -sources April 9 (Reuters) - Chinas antitrust regulator is ready to clear tech giant Tencent Holdings Ltds plan to take the countrys no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. The regulator, Stat...
April 8, 2021
Apr 8, 2021 at 12:50PM In todays video, I look at why Chinese stocks are down big. The main culprit for the sell-off today was Prosus (OTC:PROSY), with its intention of selling some of its position of Tencent (OTC:TCEHY). Prosus is currently the biggest shareholder of Tencent, and the sell-off triggered a red flag for investors. Since there have been no fundamental changes to Chinese stocks, this event might be giving investors a chance to enter the Chinese market at...
March 15, 2021
After Jack Ma rankled China's leaders with criticism, intense scrutiny of his tech conglomerate continues.
March 11, 2021
DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 23, 2021 News provided by Share this article Share this article WUHAN, China, March 11, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the fourth quarter and full...
February 27, 2021
Find out why you should be ready to pounce on these stocks.
February 13, 2021
Source: Shutterstock Depending on your age, you either remember this device because you saw it as a youngster at the dawn of the mobile age, or you remember using one of the pioneers in smartphones. This Canada-based company stormed into the market as mobile technology was rewriting the world. There were mobile phones that sold more, but few had the network security and reliability that this Canada-based phone maker provided. Its phones were supported by its network, and it was so secure that i...
February 12, 2021
The two largest Chinese esports streaming companies are featured in the fund: DouYu International (NASDAQ: DOYU) and HUYA Inc (NYSE: HUYA). Even with the 50% U.S. weighting, Stefanidis told Benzinga that several of the names offer multinational exposure. “Disney has STAR, one of the largest streaming services in India.” One name people may not be familiar with in the ETF is J-Stream Inc, which trades in Japan, he said. “J Stream was the first company in Japan to offer streaming servi...