ByteDance acquired Shanghai-based video app Musical.ly - whose user base was largely American - for $1 billion in 2017 without seeking CFIUS approval, relaunching it as TikTok the following year. ( read original story ...)
Asia shares rise as Oracle strikes deal for TikTok’s US business
Hong Kong’s Hang Seng climbed 0.5 per cent and China’s CSI 300 of Shanghai- and Shenzhen-listed stocks gained ... is likely to own a minority stake in TikTok’s US business while addressing the White ... ( read original story ...)
China Stock Market May Tick Higher Again On Monday
(RTTNews) - The China stock market on Friday halted the two-day slide in which it had tumbled more than 80 points or 2.5 percent. The Shanghai Composite Index now sits just above the 3,260-point ... ( read original story ...)
China’s Demand for Condo Butler Service Sparks 390% Stock Gain
Surging demand for butler-like concierge service at the millions of condominiums in China is creating one of the hottest sectors in the nation’s stock market. ( read original story ...)
China Issues New Rules to Tighten Control Over Financial Holding Firms
Jack Ma's Ant Financial, now renamed Ant Group, is seeking dual listings in Hong Kong and Shanghai. The regulation will take effect on November 1, 2020, and will give companies a one year grace ... ( read original story ...)
The Shanghai cafe helping China’s underprivileged and disabled stand on their own two feet
A cafe in Shanghai, which is operated by a special needs school, is staffed mostly by the mentally disabled. Its staff includes seven graduates from the Special Education School in Pudong New Area and ... ( read original story ...)
Aotearoa in 20: Koko Tao misses some things about Shanghai, but she loves the life her family has made in New Zealand
Koko Tao misses the late nights and spectacular food of Shanghai, but she loves the space, freedom and warmth of the people of Aotearoa. ( read original story ...)