Henry Ren / Bloomberg:
As President Xi Jinping consolidates his grip on China’s ruling party, Alibaba, JD.com, Naspers, and other tech stocks drop by 10%+ — US-listed Chinese stocks tumbled in premarket trading, with investors spooked by President Xi Jinping’s tightening grip on China’s ruling party …
Bloomberg:
Anxious about regulators, Naspers, SoftBank, Berkshire, and other early investors in Chinese tech giants are selling; $7.6B in Tencent shares could be sold — For early backers, they’ve been some of the most profitable Chinese stock investments of all time: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and BYD Co.
Tracy Qu / South China Morning Post:
After a 24+ hour Alibaba Cloud outage on December 18, Alibaba names Wu Zeming as CTO and says CEO Daniel Zhang Yong will oversee Cloud, effective immediately — Alibaba Group Holding has named a new chief technology officer (CTO) and removed the president of its cloud computing services unit …
Bloomberg:
Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking export controls, aiming to limit Beijing’s semiconductor progress — Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery …
Bloomberg:
Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking export controls, aiming to limit Beijing’s semiconductor progress — Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery …
Bloomberg:
Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking export controls, aiming to limit Beijing’s semiconductor progress — Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery …
Bloomberg:
Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking export controls, aiming to limit Beijing’s semiconductor progress — Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery …
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