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China: Businessmen, who criticised govt COVID-19 response, could face 25 years in jail ANI | Updated: May 11, 2021 17:04 IST
Beijing [China], May 11 (ANI): Chinese businessmen Sun Dawu, who has been vocal in criticising Chinese authorities about its handling of the COVID-19, could face 25 years in prison if convicted on a range of charges against him.
Sun Dawu has been accused of provoking trouble and disturbing public order, illegal mining, encroachment on state farmland, obstructing public service and illegal fundraising, among other charges, prosecutors in Gaobeidian in Hebei province said in a document on Wednesday.
The document also listed the charges against 19 other people who were detained with Sun in November over a land dispute between his Dawu Agricultural and Animal Husbandry Group and a state farm, South China Morning Post reported.
Healthcare e-Commerce Market to Watch: Spotlight on Remdi SeniorCare, Walgreens Boots Alliance Inc., Doc Morris
iCrowd Newswire
The
Healthcare e-Commerce market research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Healthcare e-Commerce market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Healthcare e-Commerce market size forecast, market data & Graphs and Statistics, Tables, Bar & Pie Charts, and many more for business intelligence.
Coco Liu, Yoojung Lee and Ishika Mookerjee, Bloomberg News Wang Xing , Bloomberg
(Bloomberg) It took just 28 Chinese characters on an obscure social media platform to ignite a controversy thatâs rattled the countryâs tech industry.
Meituan CEO Wang Xing lost $2.5 billion of his wealth after he posted verses from a millennium-old poem about the misguided attempts of Chinaâs first emperor to quash dissent. Wang, a usually plain-speaking engineer who enjoys literary classics, later scrubbed his post and explained he was really calling out the short-sightedness of his own industry, trying to clarify there was no implied criticism of the government. But the damage was done: Meituan shed $26 billion over two days, the biggest loser in a broader tech rout.
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Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the
SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 46.6%. But there is no question some big-name stocks performed better than others along the way.
Alibaba’s Difficult Road: One company that has been a disappointing investment in the last year has been Chinese e-commerce and cloud services giant
Alibaba Group Holding Ltd - ADR (NYSE: BABA).
Fortunately for Alibaba investors, the COVID-19 pandemic actually boosted demand for Alibaba’s e-commerce, cloud services and various other online businesses and services.