The two women were on the empty streets for three hours. A 61 year-old pushing her 86-year-old mother down the road in a wheelchair, trying to find the nearest hospital willing to treat a patient with a fever. Now both have passed away
@hchuaeoan
This heavy weight conversation between Jack Ma & Elon Musk is getting off to quite a start. Two people riffing their own monologues (Elon going on about aliens and the importance of us becoming interplanetary species again) absolute no dialogue here. Jack’s expression says it all
Breaking: Hong Kong airport cancelling all flights for the rest of the day, and advising public to stay clear of the airport. Meanwhile China says HK has come to "critical juncture" and says HK shows sign of terrorism
Chinese billionaire Jack Ma dropped from public view after Ant’s IPO collapsed. But his spectacular fall from grace has been years in the making via
@BW
In terms of investment,
#Tencent
might be on of the most prolific globally. 700 portfolios, of which 122 have become unicorns, 63 have gone public. The combined market value of companies in which it holds a stake of >5% is worth more than $500 billion. Quite a finance powerhouse
The Peking University petition letter has now been stamped on ethereum so it can never be scraped from the web. Meanwhile posts on the same topic are disappearing from WeChat fast. Quite the symbolic move
Upping drone and QR code usage to the next level. Drivers trying to get into city required to register their travel history and this is helping speed things up
This Chinese vaccine scandal is becoming as big of a crises as the milk powder incident a decade ago. Public outraged over how a listed company, the nation’s second largest rabies vaccine producer, could get away such misconduct
People working in HK are ditching their personal phones, and wiping their data when travelling to mainland China. One banker refused to pack black outfits, while another deleted whatsapp
@fion_li
@sharonchenhm
@dantenkate
@SamMamudi
And the notice is out. Looks like an entire industry could be wiped out. Yuanfudao, zhangmen, zuoyebang, VIPkids, 51 talk, new orientalist, GSX, TAL… the list of companies affected goes on and on
There's no saving this dialogue, after Jack tried to talk about jobs, tesla, life expectancy, Elon ignores all that and follows up by saying "yeah. I don''t there's enough time. We gotta solve this neuralink thing"
Consumption downgrade is happening. Latest proof social media celebs who line up for as little as 80 yuan to take fake fux hotel city skyline shots at this place in Shenzhen
#instagramgeneration
“I don’t think there is consensus among Chinese women that they think it’s offensive. That’s where the disconnect is. It’s been normalized, and it’s going to be extremely hard to fight against.”
@ruima
In the first quarter of 2019, 35% of Chinese web users utilized a VPN, More than half of Chinese VPN users do so for routine activities such as accessing better music and TV shows; 41% of them use VPNs to access social networks or blocked news sites.
Some really nice data visualization on where the vaccines went on Chinese social media. The companies accounted for pretty high market share in Sichuan, Jiangsu, Shanxi, Xinjiang and the country's rust belt region
One of the hottest bond markets of the past decade is imploding in China — and offshore investors are swallowing almost all of the losses.
Read the Big Take ⬇
@RChoongWilkins
@lyssamcdonald
Bankers with Chinese expertise were once highly sought after in Hong Kong. Now they're facing a bleak job market — and re-evaluating their self worth via
@business
While legal experts differ on how often & under what circumstances this could happen, they agree a person residing in the US-or any country that has an extradition agreement w/HK-could be then sent from HK to Mainland China
@Ryan_J_Mitchell
@jeromeacohen
Tencent will team up with Pokemon to develop games, an alliance that may help the Nintendo-backed company crack the world's largest mobile gaming arena via
@technology
Wealthy Chinese are exploring bigger investments in private assets to avoid the wild swings in public markets. That dovetails moves of funds like Carlyle and KKR, which are courting Asia's rich as institutional investors recalibrate exposure
When you cover technology in China, this is what it’s like. The country is in the middle of a massive tech boom, minting billionaires as money sloshes into the sector. There are plenty of rags-to-riches stories. And much-inflated egos.
For years, China has claimed the No.1 number of patents annually, what’s unknown is most are dumped by the fifth year (91% of design patents and 61% of utility model patents are discarded in the time period)
@Robert_Fenner
@edwininla
@pelstrom
China is allowing Jack Ma’s Ant Group Co. to start operations at its consumer finance company, the first signs of progress after regulatory crackdowns that torpedoed the fintech giant’s record listing
China’s government has proposed establishing a joint venture with local technology giants that would oversee the lucrative data they collect from hundreds of millions of consumers
So the plans out: Jack Ma will step down as Alibaba Chairman a year from now, pass on the torch to Daniel Zhang. Remain on board till 2020 and stay as a lifetime partner
Across China, companies are telling workers that there’s no money for them. A growing number of people are facing the question of how to pay for their next meals and rent
@JPaskin
@hongjinshan
China did a second round of internet crackdowns in 2019, rips into
#Tencent
's news service, kills 9,300 mobile apps, scrubs 7 million web items in the span of 3 weeks
@DD2_Li
Alibaba's Jack Ma pretty cheeky. While he refutes idea that he was pushed out of co. on Investor Day, he doesn't forget to take a stab at rival 's Richard Liu by saying people were asking him what happened, "did something like Minnesota happen"
Also If passed, the new extradition bill would apply to Hong Kong citizens, foreign residents and even people passing through on business visas or as tourists
Hong Kong has extradition pacts with 30 countries and jurisdictions. Only 9 of those have similar deals with mainland. If the legislation passes, someone transferred to HK could presumably be transferred again to the mainland. via
@bbgvisualdata
@luluyilun
Absolutely disheartening to see so many Beijing migrant workers and their kids being evicted and with just a few days notice and struggling find a place to live as temperatures drop to -5 Celsius
Hong Kong activists raised HK$6.7 million in nine hours in a bid to plaster global newspapers with ads demanding the withdrawal of a controversial extradition bill ahead of the G-20 summit
@ShawnaKwan
China’s most prestigious science fiction novelist reveals that a lot of his work was written during work hours at a state-owned power plant, sparking debate about the level of slack in the nation’s vast state sector
@evelyn_pi
It’s a wrap for classes this semester. So many good features from the
#HKBU
students this year. If anyone looking for good freelance work on China, HK related stories DM DM
Yes it got trolled and bad reviews, but Tencent's Peacekeeper Elite is estimated to have made $150 million of gross revenue in the first month and could generate $1 billion by the end of the year, according to Niko Partners.
Finally the two agree on sth. Elon Musk goes back to Ma's point about birth rate. He says the view that the Earth is overpopulated is outdated. He thinks the biggest risk in the future is population collapse. Ma agrees!
Scoop: Pony Ma’s Tencent has been put on notice. China’s top financial regulators see Tencent as the next target for increased supervision after the clampdown on Jack Ma’s Ant, sources say. w
@cocojournalist
Zhengli & LuoJun