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China injects cash after crackdowns taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Citic Securities plans to take stake in new private pension venture Photo by Josh Appel on Unsplash Premium Citic Securities Co. Ltd, one of China’s biggest brokerages, is planning to take part in a new pension joint venture, embracing the nation’s call to tackle a looming pension crisis fueled by questions surrounding the sustainability of the current pension system as the population rapidly ages. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Bring stories like this into your inbox every day. Sign up for our newsletter - The Daily Brief ....
Billionaire Who Missed Out on TikTok Is Trying to Beat It Bloomberg 6 hrs ago Zheping Huang (Bloomberg) In 2017, Su Hua, the founder of a Chinese startup called Kuaishou Technology, was on the verge of closing the biggest deal of his career the acquisition of a fledgling video service that would become TikTok. But arch-rival ByteDance Ltd. swooped in with a better offer, and Su missed out on what has become a global sensation. Now, the 38-year-old entrepreneur is getting some payback. In February, Kuaishou went public in Hong Kong, raising more than $5 billion on the strength of its booming video and commerce operations. ByteDance, meanwhile, tangled with the U.S. government and then got ensnarled in China’s tech crackdown, likely delaying its own initial public offering. ....
Billionaire who missed out on TikTok is now trying to beat it japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.
Billionaire Who Missed Out on TikTok Is Now Trying to Beat It bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.