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Ant and Alibaba are untangling operations amid China crackdown
Ant and Alibaba untangle their operations from each other and independently seek new business as they navigate China’s regulatory crackdown. Read more…
China crackdown
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NetEase delays China launch of Diablo Immortal, rattles Wall Street
NetEase delayed the rollout of Diablo Immortal in China just after the game’s official account on Weibo was banned from making new posts. Read more…
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China’s regulatory thaw leaves investors eager yet uneasy
As Chinese authorities signal that a two-year crackdown on the domestic technology sector is over, global investors are relieved yet nervous. Read more…
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Chinese vice-premier Liu tells tech execs it will all be okay
Chinese Vice-Premier Liu He made soothing comments to tech executives in further signs a crackdown on the sector is easing. Read more…
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Tencent will block access to unapproved overseas games
Tencent said it will shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games. Read more…
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Tencent says it will shut down Penguin Esports unit by June
Tencent says it will shut down its Penguin Esports unit by early-June, as it streamlines its businesses following a regulatory crackdown. Read more…
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Chinese tech stocks clobbered over fears of more regulatory crackdowns
Investor worries over the potential for a fresh wave of regulatory crackdowns by Beijing set off steep drops in Chinese tech shares. Read more…
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China’s CAC educates Chinese tech giants on new development strategies
The CAC said a symposium has given Chinese tech giants a “clearer understanding” on how to pursue development under new regulations. Read more…
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ByteDance downsizes investment team to satisfy Chinese regulators
ByteDance is shrinking its investment team and dissolving a sub-group focused on financial returns in response to crackdowns in China. Read more…
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Cryptocurrency stocks drop in Hong Kong, China intensifies crackdown
Cryptocurrency-linked stocks dropped in Hong Kong on Monday morning, after Chinese authorities intensified their crackdown on the industry. Read more…