Page 8 - Chinese Companies
Chinese automaker Great Wall Motor plans hydrogen fuel-cell SUV model
Great Wall Motor will roll out its first hydrogen fuel-cell sport utility vehicles and launch a fleet of 100 hydrogen heavy trucks this year
 "Chinese automaker Great Wall Motor plans hydrogen fuel-cell SUV model")
Chinese tech firms face US ultimatum over issue of US accounting standards
New York-listed Chinese tech firms could soon be forced to leave the US market after the country's SEC started implementing a law to remove foreign firms that did not comply with accounting standards
 "Chinese tech firms face US ultimatum over issue of US accounting standards")
Xiaomi to invest Rs 100 crore to double retail reach in one year
As per IDC, in 2020 Xiaomi continued to hold the top spot in the local smartphone market with 27% share, while it had some 20% share in the television market
 "Xiaomi to invest Rs 100 crore to double retail reach in one year")
US SEC begins rollout of law aimed at delisting Chinese companies
The top US securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with auditing standards
 "US SEC begins rollout of law aimed at delisting Chinese companies")
ByteDance hires Xiaomi executive as CFO, moving towards IPO
ByteDance owns TikTok
 "ByteDance hires Xiaomi executive as CFO, moving towards IPO")
China's Xiaomi fourth-quarter profit rises 36.7% on handset demand
This comes just as its major Android rival fell out of the market
 "China's Xiaomi fourth-quarter profit rises 36.7% on handset demand")
US Commerce Dept subpoenas Chinese companies over possible security risk
The US Department of Commerce on Wednesday served subpoenas on multiple Chinese companies that provide Information and Communications technology and services (ICTS) in the country
 "US Commerce Dept subpoenas Chinese companies over possible security risk")
Xi Jinping warns against tech excess in sign crackdown will widen
China's market regulator on Tuesday tightened scrutiny over the country's booming livestreaming e-commerce platforms
 "Xi Jinping warns against tech excess in sign crackdown will widen")
US designates five Chinese companies including Huawei as security threats
In light of the worsening relations between the United States and China, Washington has labeled Chinese tech companies, including Huawei, as national security threats
 "US designates five Chinese companies including Huawei as security threats")
Five Chinese companies pose threat to US national security, says FCC
The FCC said the companies included Huawei Technologies Co , ZTE Corp, Hytera Communications Corp, Hangzhou Hikvision Digital Technology Co and Zhejiang Dahua Technology Co
 "Five Chinese companies pose threat to US national security, says FCC")
From Xiaomi to Kuaishou, all-male boards rule at hot Chinese companies
Of the 25 largest firms on the MSCI ACWI index without any female directors last year, 14 were Chinese
 "From Xiaomi to Kuaishou, all-male boards rule at hot Chinese companies")
China's Xiaomi to bring smart TVs in India under Redmi brand
The firm looks to further expand its position in the burgeoning smart TV segment in the country
 "China's Xiaomi to bring smart TVs in India under Redmi brand")
Ant employees expected a windfall, but are stuck with unsellable shares
The move underscores two intertwined challenges facing Ant, four months after Chinese authorities torpedoed its $35 billion initial public offering
 "Ant employees expected a windfall, but are stuck with unsellable shares")
Chinese fintech firms expected to meet capital requirements within 2 years
Chinese financial regulators have rolled out a slew of measures since last year to tighten the oversight of online lending practices
 "Chinese fintech firms expected to meet capital requirements within 2 years")
As border tensions ease, India to clear 45 investments from China: Report
The proposals have been held up since last year after India tightened controls on Chinese investment in the country in retaliation against alleged Chinese troop incursions
 "As border tensions ease, India to clear 45 investments from China: Report")
Tencent raises $8.3 billion with its biggest offshore syndicated loan
The deal comes amid a flurry of debt financings by tech giants, with Alibaba Group Holding Ltd. issuing $5 billion of bonds in early February
 "Tencent raises $8.3 billion with its biggest offshore syndicated loan")
China's bad loan season descends again and this time it may be really bad
The debt of local government financing vehicles and property developers are looking precarious while several trust investment firms are on shaky ground
 "China's bad loan season descends again and this time it may be really bad")
Tencent exec being probed over links to 'personal' corruption allegations
The move comes amid Beijing's unprecedented crackdown on its home-grown internet platforms
From MX TakaTak to Roposo, TikTok's Indian clones play a tough catch-up
Local contenders have cashed in on the Chinese short video app's exit but acquiring the scale to sustain themselves will be a huge challenge going forward
 "From MX TakaTak to Roposo, TikTok's Indian clones play a tough catch-up")
China's Luckin Coffee seeks US Chapter 15 bankruptcy protection
The firm's explosive growth was derailed last year by accounting fraud
 "China's Luckin Coffee seeks US Chapter 15 bankruptcy protection")
