Page 33 - Wang Xing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It was the kind of brazen PR stunt that Jack Ma might have dreamed up. But this wasn’t the flamboyant Chinese billionaire who disappeared from public view eight months ago. It was Mark Zuckerberg, bobbing up and down on a hydrofoil surfboard, clutching an American flag and exuding all the confidence of a man worth $130 billion. The contrast between the social media mogul’s July 4th Instagram video and the day’s big event in China could hardly have been starker. Regulators in Beijing had just hours earlier banned Didi Global Inc.’s ride-hailing service from app stores, delivering...

Beijing is taking advantage of a strengthening economy and stable financial markets to toughen up its corporate sector. But the crackdown could bring undesirable consequences and lead to panic.

Provided by Dow Jones By Elaine Yu China's tech crackdown is mostly affecting firms listed outside the country, helping to create a big performance gap between onshore and offshore Chinese stocks. In the three months to Tuesday, an iShares exchange-traded fund tracking an MSCI Inc. index of 490 onshore Chinese stocks, or A Shares, has gained 8.9%, according to FactSet. A similar vehicle that follows the broader MSCI China index is up just 0.2% over the same period. Over the last 12 months, the former has outperformed by 20 percentage points. The wider inde...

הרשויות בסין הולכות למקד מאמצים במאות אפליקציות, כשמטרתן לנקות את תחום האינטרנט הגדל במהירות ובפראות בסין

BEIJING — The founder of food delivery giant Meituan Dianping will donate shares worth about $2.27 billion to his personal charity, a stock exchange filing…