(Bloomberg) — Washington’s latest move to restrain Beijing from fostering its chipmaking industry is powering China’s semiconductor stocks as the US restrictions could fire up support for homegr...
Tag: Chinese
Warren Buffett-backed BYD surpasses Tesla in global EV sales a decade after Elon Musk doubted the Chinese company’s technology
BYD, the Chinese electric vehicle firm partly owned by Warren Buffett’s Berkshire Hathaway, became the world’s largest electric vehicle maker in the first half of 2022, wrestling the title from ...
The Chinese Unit of Sequoia Capital to Raise $9 Billion for New Funds (Report)
Sequoia Capital’s Chinese subsidiary will reportedly secure $9 billion for four new funds. Those will be distributed towards supporting fintech and cryptocurrency startups in China. According to a cov...
Chinese Tech Giants Vow Support Additional Regulations on Digital Collectibles
Chinese tech giants join the state-backed efforts in regulating the digital collectibles by voicing support for the “self-discipline initiative” that ensures identity checks on users, adheres to the c...
Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police – Security Bitcoin News
A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and i...
Alibaba Stock Is Rising Again. Why Chinese Tech Could Keep Outperforming.
Text size Alibaba stock had a tough run in 2021. Greg Baker/AFP via Getty Images Alibaba lost almost half of its market value last year while the S&P 500 gained more than 25%, disappointing inves...
Hacker offers To Sell Data Of One Billion Chinese Residents for 10 Bitcoins
– Advertisement – An anonymous individual or organization is selling what they claim to be information on a billion Chinese residents for about $200,000. According to NY Times, An anonym...
Exposed Shanghai Police Database Covering One Billion Chinese Citizens Priced At 10 Bitcoins
The now-closed post on the forum specified, “In 2022, the Shanghai National Police (SHGA) database was leaked. This database contains many terabytes of data and information on Billions of Chinese ci...
Chinese tech giants including Tencent and Ant Group pledge to ban NFTs
Leading Chinese tech companies, including Tencent, JD.com and Ant Group, have pledged to ban non-fungible tokens (NFTs) and crypto marketplaces as part of the country’s latest wave to outlaw the digit...
Hacker Offers to Sell 23 Terabytes of Stolen Data Belonging to Chinese Citizens for 10 Bitcoin – crypto.news
A hacker going by the pseudonym ChinaDan has claimed that he is selling about 23 terabytes of stolen personal information belonging to more than one billion Chinese citizens. Stolen Data Is Available ...
Hacker asks for 10 bitcoin for allegedly stolen data of a billion Chinese citizens
Hackers are selling personal records of Chinese citizens stolen during a cybersecurity breach that allegedly targeted a database of Shanghai National Police (SHGA). The security breach, which occurred...
Chinese Companies Will Verify Identities For NFT Purchases
Per a report from the South China Morning Post, Chinese private companies implemented an initiative to de-anonymize non-fungible token (NFT) trading. Called “Self-Discipline Initiative”, major compani...
Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data
An anonymous hacker has offered to sell the stolen personal data of over 1 billion Chinese citizens for 10 Bitcoin (BTC), roughly $200,000. The data includes the names, birthplaces, addresses, phone n...
Binance CEO Raises Alarm on Chinese Data Breach
Binance CEO Changpeng “CZ” Zhao sounded the alarm on a massive data leak of one billion Chinese residents that went up for sale on the dark web. Twenty-three terabytes of data containing names, addres...
Chinese ride-hailing giant Didi still awaits final ruling from Beijing, one year after it was put under cybersecurity review
Ride-hailing giant Didi Chuxing is still waiting for a final ruling from Chinese authorities, one year after Beijing shocked the market by initiating an unprecedented cybersecurity investigation into ...
Chinese Developer Shimao Fails to Pay $1 Billion Dollar Bond
(Bloomberg) — Chinese developer Shimao Group Holdings Ltd. said it didn’t pay a $1 billion dollar note that matured Sunday, adding to a record year of offshore-bond delinquencies in the sector. ...
Airbus sells 292 A320 aircraft to four Chinese airlines in a blow to Boeing, as US-China tension tips balance in European maker’s favour
Airbus has secured a bulk order for 292 of its A320 single-aisle aircraft from four Chinese airlines, as deteriorating US-China relations tipped the balance for aviation sales in the European manufact...
Chinese President Xi Jinping Praises ‘One Country, Two Systems Success As He Swears In New Hong Kong Leader
China’s President Xi Jinping waves following his speech after a ceremony to inaugurate the city’s new leader and government in Hong Kong on July 1, 2022, on the 25th anniversary of the cit...
Dubai Duty Free On Track For $1.5 Billion Sales, Despite Missing Chinese Shoppers
Dubai Duty Free opened a series of luxury boutiques during the pandemic including this one from … [+] Dior. Dubai Duty Free Dubai Duty Free is forecasting a big hike in sales this year helped in...
Court Ruling Opens Door For EB-5 Foreign Investor Immigrants
A recent District Court ruling has impacted the U.S. EB5 regional center investor immigration … [+] program. getty Recent litigation regarding the U.S. EB-5 Regional Center Investor Immigration ...
Chinese Equities Outperform Asia For The Day, Week, Month & Quarter
China Last Night KraneShares Key News Asia ended the month with a thud except for China which is fitting as China and Hong Kong equities were the only positive markets for the month. For Q2, China and...
Chinese Professor Loses $2.4 Billion After SenseTime Slumps
(Bloomberg) — A co-founder of SenseTime Group Inc. lost almost half of his fortune after shares of the artificial intelligence giant plummeted 47% on Thursday. Most Read from Bloomberg Tang Xiao...
Samsung to produce Bitcoin mining chips; Secures Chinese ASIC firm as 1st customer
South Korean electronics giant Samsung is reportedly working on three nanometer chips that can be utilised in Bitcoin (BTC) mining after the company hinted about the product during the 2022 Q1 financi...
Chinese plans to save hit a record high in Q2; job concerns rise
Education remained the most popular category for Chinese consumer’s planned spending, according to a People’s Bank of China survey in the second quarter of 2022. China News Service | China...
NIO shares extend losses as Chinese EV maker denies short-seller report
NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% NIO, -11.4...
Chinese Messaging App WeChat Set To Ban All Accounts Associated With Crypto And NFTs
The crypto industry has experienced a lot of turmoil since 2021 till date. There have been many calls for regulations, mining bans, crypto gain taxes, etc. All these issues have made the sector very u...
Chinese electric vehicle maker Li Auto to raise $2B in US stock offering
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images Chinese electric vehicle maker ...
Chinese blockchain developer calls crypto a Ponzi scheme
Reuters Videos Spain shifts strategy on African migration: sources STORY: They were trying to reach Europe, and some paid with their lives.The deaths of at least 23 people as they tried to cross into ...
What would you think of Chinese State media expecting Bitcoin to go ZERO?
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Why Chinese Imports Of U.S. LNG Collapsed
As European LNG buyers are snapping up cargoes from the United States in a race to replace Russian pipeline deliveries, America has become a major supplier to Europe, and its sales to China have dwind...