About 200 companies in China and Hong Kong, including Alibaba and JD.com, no longer face the threat of a US delisting after US inspectors reviewed their audits (Bloomberg)

Bloomberg:
About 200 companies in China and Hong Kong, including Alibaba and JD.com, no longer face the threat of a US delisting after US inspectors reviewed their audits  —  About 200 companies based in China and Hong Kong are no longer facing an acute threat of being booted off American stock exchanges, sending shares surging.

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 …

Newley Purnell / Wall Street Journal:
Hong Kong officials and legislators criticize Google over a pro-democracy song, “Glory to Hong Kong”, appearing among the top results for the national anthem  —  Officials and lawmakers call on company to alter its results page to show China’s national anthem instead of a song made popular by antigovernment protesters

Bloomberg:
CryptoQuant: users removed net $3.7B in bitcoin, $2.5B in ether, and $2B+ in stablecoins from exchanges between November 6 and November 13, as FTX collapsed  —  The spectacular collapse of 30-year-old Sam Bankman-Fried’s crypto empire has fueled a spike in outflows across global crypto exchanges.

Sheila Dang / Reuters:
Twitter’s head of trust and safety Ella Irwin says the company manually reviewed “any and all accounts” that violated its new policy by posting links to ElonJet  —  Twitter Inc’s head of trust and safety told Reuters the company manually reviewed “any and all accounts” …

Zinnia Lee / Forbes:
Hong Kong-based digital payments startup Reap, which is developing tools for Web3 companies, raised a $40M Series A led by Acorn, Arcadia, and HashKey  —  Reap, a digital payment company based in Hong Kong, has netted $40 million in a funding round aimed at developing infrastructure …