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Chinese business & finance
China’s answer to Instagram makes first profit
...“I am positive on the company, but the lack of a clear exit through an IPO is a big problem,” the investor said....
March 25, 2024
PwC
PwC to reverse controversial US tax split
...Ryan described the reorganisation as a “once-in-a-generation change” that grouped PwC’s US audit business together with tax reporting and compliance under the umbrella of “trust solutions”....
April 18, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Banco Santander SA
Santander chair Ana Botín welcomes UK banker bonus cap removal
...Santander executive chair Ana Botín has welcomed the removal of the UK’s banker bonus cap and said a similar move in the rest of Europe would better align bankers’ interests with those of their shareholders...
November 27, 2023
Shein
Shein profits double to over $2bn ahead of planned listing
...The group filed confidential paperwork for a US listing in November, but a person close to Shein said the company had heard little from the SEC since then....
March 31, 2024
PDD Holdings
Ex-workers at Temu owner PDD suffer surveillance and financial ruin over non-competes
...A few months after starting a new job, in November 2023, he received a summons for a Shanghai labour arbitration case....
March 11, 2024
Letter
Letter: ‘Progressive mum lit’ is a better description
...Adriana RyanDuillier, Switzerland...
February 8, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Transcript
Transcript: Taking the Byte out of TikTok
...Lawmakers say the app is a national security issue because its parent company, ByteDance, is based in China. Here to talk to me about it is the FT’s Ryan McMorrow. Hey, Ryan. Ryan McMorrowHi there....
April 23, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...“This legislation is a clear violation of the First Amendment rights of TikTok’s 170mn American users,” he said in a memo to staff, according to people who saw it. “We’ll continue to fight.”...
April 22, 2024
HTSI
The unbelievable lightness of Ana Khouri’s New York home
...“That’s just who Ana is,” says Anne-Gaëlle Van de Weghe, a close friend and the wife of TEFAF’s Christophe Van de Weghe....
February 17, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...The move comes as the US Congress prepares for a Saturday vote on a bill to ban ByteDance-owned short video app TikTok if it is not divested to a non-Chinese owner....
April 19, 2024
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...Jeff Yass’s Susquehanna International Group first invested $80,000 in ByteDance, the Chinese owner of TikTok, on the back of an idea sketched on a napkin in a Beijing coffee shop more than a decade ago....
April 24, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
Alibaba suspends IPO for logistics arm Cainiao
...Alibaba had once hoped to take Cainiao public at a $20bn valuation but struggled to find much interest amid a deep market downturn in Hong Kong....
March 26, 2024
Transcript
Transcript: Baidu’s ‘do-or-die’ bet on AI
...Now, that’s a bit less compared to her husband Robin Li’s salary, but Ryan tells me it’s still quite a hefty sum for a Chinese tech company....
February 7, 2024
Ryan Neelam
America, take heed — China is winning the diplomacy race
...Ultimately, diplomacy is a long game: it is an investment in relationships with a view to exerting influence when it counts....
March 6, 2024
Ana Botin
Energy supply is critical but business must also reduce energy demand
...Demand for energy is set to rise by up to a third between now and 2050 to support a global economy that will be twice as large and a population of 2bn more people....
January 7, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
#techAsia
China’s telcos dial it back and south-east Asia’s green shift slows Premium content
...The Shanghai-based company, valued at $20bn in the latest fundraising round three years ago, raked in $500mn in net profit last year on revenues of $3.7bn, write the Financial Times’ Eleanor Olcott and Ryan...
March 28, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
March 21, 2024
ReviewFiction
Anita de Monte Laughs Last — Xochitl Gonzalez’s art world murder mystery
...That story was as nothing, however, compared with the accusation in 1985 that Andre had pushed his wife, the Cuban-American performance artist Ana Mendieta, out of the window of their 34th-floor apartment...
April 9, 2024
News in-depthXiaomi Corp
The Steve Jobs of China turns car salesman in Xiaomi’s EV evolution
...Last week, he took to a Beijing stage in a teal blazer to gush over his triumph of making a car just three years after unveiling his ambition....
April 5, 2024
#techAsia
TikTok’s fate and Taiwan tech suppliers’ shift Premium content
...Financial Times’ Ryan McMorrow, Eleanor Olcott, Mercedes Ruehl and Ivan Levingston....
April 4, 2024
#techAsia
Nvidia goes big and US chip projects stutter Premium content
...Surging sales, uncertain future TikTok has hit $16bn in sales in the US, where the viral video app that has hooked Gen Z users is at risk of being banned, writes the Financial Times’ Ryan McMorrow....
March 21, 2024
Letter
Letter: Arctic analysis frozen in cold war thinking
...China is a force for world peace, a contributor to global development, a defender of the international order....
November 22, 2023
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Alibaba’s sales growth falls short of expectations
...The company said it would add $25bn to a share buyback programme authorised until March 2027 and that repurchases last year reduced total share count by 3.3 per cent, after accounting for shares given to...
February 7, 2024
FT GlobetrotterTips from the top
Ryan ‘Mr Lyan’ Chetiyawardana’s favourite bars around the world
...Website; Directions Ryan “Mr Lyan” Chetiyawardana, one of the world’s leading bartenders, runs four venues around the globe: London’s Seed Library and Lyaness (which is launching a new menu in March), Silver...
February 27, 2024
News updates from March 5: China targets 5% GDP growth in 2024, Gold and Bitcoin hit record highs
China to set ‘ambitious’ economic growth target of around 5%
...China will target economic growth of around 5 per cent this year, a rate described as “ambitious” by analysts, as the world’s second-largest economy battles challenges ranging from a property slowdown to...
March 5, 2024

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