Follow South China Morning Post - Money & Wealth, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/scmp324 Sat, 30 Sep 2023 01:44:47 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCO-rgfaxs5BOXn9ye8UNv30 The Chinese short video app has sent a team from Singapore to talk with Indonesian officials about the new law that has taken immediate effect, threatening TikTok’s business model.]]> Fri, 29 Sep 2023 12:30:13 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCO-rgfaxs5BOXn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/noi6417NcCN_yUcqOZaneJVjH6qdYdAk Trudy Dai Shan no longer holds legal representative roles at several Alibaba subsidiaries indicating she will focus all her efforts on Taobao and Tmall Group.]]> Thu, 28 Sep 2023 14:00:13 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCN_yUcqOZaneJVjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/noi6417NcCPHpNIezqg3XOzdsCmHakzH Consumers in the United Kingdom, Spain, the Netherlands, Belgium and South Korea will now receive their parcels within five working days of placing an order on AliExpress, thanks to its joint initiative with Cainiao.]]> Tue, 26 Sep 2023 15:30:10 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCPHpNIezqg3XOzdsCmHakzH https://api.follow.it/track-rss-story-click/v3/noi6417NcCMLAxdV7STG3JVjH6qdYdAk Evergrande’s debt plight is lighting up mainland Chinese social media platforms as users debate its ultimate fate. Brock Silvers at Kaiyuan Capital says there is ‘plenty of time on the clock’ for founder Hui Ka-yan to salvage the situation.]]> Tue, 26 Sep 2023 12:14:51 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCMLAxdV7STG3JVjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/noi6417NcCMzdLibPK2UK8b1naedg1wr The filing by Hangzhou-based Cainiao comes at a crucial time for Hong Kong’s stock market, as its benchmark Hang Seng Index struggles to claw its way out of this year’s 11.7 per cent slump.]]> Tue, 26 Sep 2023 11:42:26 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCMzdLibPK2UK8b1naedg1wr https://api.follow.it/track-rss-story-click/v3/noi6417NcCPZJYyCJFpcs5VjH6qdYdAk Huawei teases new luxury smartphone and launches a new gold-inlaid smartwatch but makes no comment on the chip behind its Mate 60 Pro handset.]]> Mon, 25 Sep 2023 13:00:11 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCPZJYyCJFpcs5VjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/noi6417NcCNIELIy92NguMb1naedg1wr More than 20 investors have expressed interest in putting money into China Reform Holdings’ new fund, according to Chinese media.]]> Mon, 25 Sep 2023 12:00:09 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCNIELIy92NguMb1naedg1wr https://api.follow.it/track-rss-story-click/v3/noi6417NcCMYaM5vI0rx68b1naedg1wr Property crisis and worsening financial situation leave Chinese investors struggling to afford payments.]]> Sun, 24 Sep 2023 00:00:17 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCMYaM5vI0rx68b1naedg1wr https://api.follow.it/track-rss-story-click/v3/noi6417NcCMlLiDwA4dRiylmFkX7M1Jw Chinese consumers are increasingly willing to pay for high-quality products, as smartphone prices continue to rise, analysts say.]]> Fri, 22 Sep 2023 17:30:17 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCMlLiDwA4dRiylmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/noi6417NcCNP2l_6kJWlQOzdsCmHakzH At a summit in Shanghai, an academic has echoed some of his peers by recommending the dumping of US Treasuries – a move that they say would help ensure the safety of China’s overseas assets.]]> Fri, 22 Sep 2023 17:00:08 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCNP2l_6kJWlQOzdsCmHakzH https://api.follow.it/track-rss-story-click/v3/noi6417NcCP58xWLp0vmQOzdsCmHakzH Ren’s comments on importance of in-house operating systems to Huawei’s future have surfaced amid flurry of excitement over the tech giant’s powerful new smartphone, the Mate 60 Pro.]]> Fri, 22 Sep 2023 14:30:13 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCP58xWLp0vmQOzdsCmHakzH https://api.follow.it/track-rss-story-click/v3/noi6417NcCMAwb68HrcR6ps0ohxaO6Yr The Silicon Valley company joins several other US investment firms, including Sequoia Capital, that have made similar moves under pressure in Washington.]]> Fri, 22 Sep 2023 13:00:10 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCMAwb68HrcR6ps0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/noi6417NcCNcbnrVroww0nn9ye8UNv30 The Chinese government has begun a campaign to prevent ‘triangular debt’ from impacting the economy at large, imploring state borrowers to make good on their obligations to private firms.]]> Thu, 21 Sep 2023 15:00:19 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCNcbnrVroww0nn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/noi6417NcCNcbnrVroww0qCY3L745TL_ Sales of Intel’s Gaudi2 processors, which are tailor-made to comply with US trade restrictions, have been strong since their launch in July, according to Taiwanese media.]]> Thu, 21 Sep 2023 15:00:14 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCNcbnrVroww0qCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/noi6417NcCOs2omn11HpiOT5HJgy6HUf The executive says the telecoms giant will embrace an “all intelligence” strategy to transform itself into a key provider of computing power to support China’s AI development.]]> Wed, 20 Sep 2023 11:19:47 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCOs2omn11HpiOT5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/noi6417NcCNm9okOHHASJClmFkX7M1Jw YMTC is working with Chinese suppliers to make replacements for parts made by US firm Lam Research, according to people familiar with the matter.]]> Wed, 20 Sep 2023 03:00:16 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCNm9okOHHASJClmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/noi6417NcCPAlfUXdspUd-T5HJgy6HUf Ren Zhengfei, who serves as Huawei’s chief executive, said he was against ‘xenophobia’ towards any foreign brand and sees Apple as a valuable teacher.]]> Tue, 19 Sep 2023 14:32:45 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCPAlfUXdspUd-T5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/noi6417NcCP4PRU3qhwaS-T5HJgy6HUf Greater adoption of home-developed chips, servers and personal computers would enable China to achieve hi-tech advances, according to Huawei deputy chairman Eric Xu.]]> Mon, 18 Sep 2023 15:30:14 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCP4PRU3qhwaS-T5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/noi6417NcCOEo7jPVgtMCJs0ohxaO6Yr Alibaba’s additional investment in its Turkish platform comes after it made an operating profit in the country for the first time in the June quarter.]]> Mon, 18 Sep 2023 14:00:31 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCOEo7jPVgtMCJs0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/noi6417NcCMzu-FcgUPQkHn9ye8UNv30 With Apple on track to launch its Vision Pro headset next year, GDI thinks the world is ready to embrace VR and related technologies.]]> Sun, 17 Sep 2023 03:00:28 +0200 https://api.follow.it/track-rss-story-click/v3/noi6417NcCMzu-FcgUPQkHn9ye8UNv30