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Two weeks after one of China’s most popular social media personalities disappears, China publishes new "guidelines" for influencers.

Two weeks after one of China’s most popular social media personalities disappears, China publishes new "guidelines" for influencers.

A thousand-year-old poem just cost Chinese delivery giant Meituan tens of billions of dollars in market value, further rattling a tech industry that is already on edge.

CEO’s Post of Ancient Poem Interpreted as Criticism of Beijing Rattles Stock Market A Chinese billionaire rattled the stock market by quoting an ancient poem on social media, reflecting on the fall of the Qin Dynasty—the first empire in China. Although the post was later deleted, his company’s stock plunged to a new low of the year. “The Book Burning Pit,” read as “Fen Shu Keng” in Chinese, was a seven-character quatrain written by Tang dynasty poet Zhang Jie, questioning the tyranny of Qin Shi Huang, the first Emperor of the Qin Dynasty, or China, who ordered philosophical book...

BBC News Published image copyrightGetty Images Shares in Chinese food delivery giant Meituan have fallen sharply after its boss reportedly shared a 1,000-year-old poem on social media. The Book Burning Pit by Zhang Jie was posted, then deleted, by the firm's billionaire chief executive, Wang Xing. The Tang dynasty poem was interpreted as a veiled criticism of President Xi Jinping's government. Meituan is currently under investigation over allegations of abusing its market dominance. The company is one of China's biggest takeaway food delivery and lifestyle services platforms and is backed by ...