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...Beijing resumed giving the green light to tech companies for US listings last year after an 18-month pause over national security concerns stemming from the botched New York IPO of ride-hailing service Didi...
...It is also a test of Beijing’s willingness to let Chinese companies raise billions of dollars on Wall Street after its crackdown on the technology sector....
...China has introduced new guidelines that will mean US microprocessors from Intel and AMD are phased out of government PCs and servers, as Beijing ramps up a campaign to replace foreign technology with homegrown...
...Additional reporting by Nian Liu in Beijing...
...Additional reporting by Andy Lin in Hong Kong and Hannah Murphy in San Francisco...
...Reporting by Ryan McMorrow in Beijing, Eleanor Olcott in Hong Kong, Ivan Levingston in London, Tabby Kinder in San Francisco and James Fontanella-Khan in New York...
...According to four people, these talks have included family offices in Hong Kong, the territory that is increasingly controlled by Beijing....
...Meanwhile, other Chinese business figures, particularly in the investment and technology sectors, have sought residency in Singapore and expanded or opened offices in the city-state in recent years....
...It has faced difficulties raising a new fund since Shan criticised Beijing in 2022....
...Additional reporting by Ryan McMorrow and Nian Liu in Beijing...
...“But I look forward to opening up . . . mainlanders like to buy Hong Kong things.” Additional reporting by Wenjie Ding in Beijing...
...Since then, geopolitical relations between Washington and Beijing have frayed and Chinese authorities have launched a crackdown on technology companies with the goal of breaking down a “monopolistic” business...
...Additional reporting by Wenjie Ding in Beijing...
...“If North Korea receives weapons technology from Russia, North Korea will be equipped with better technology and a better capability to provoke....
...He continues to hold 23 per cent of the shares of the company, which is listed in Hong Kong and valued at HK$31bn (US$4bn)....
...Humanity again needs to co-ordinate to avert a catastrophe that could arise from unprecedented technology,” the statement said....
...to an official media interview on Wednesday with the “person in charge of the state secrets bureau”, the new law codifies the party’s management of secrets and emphasises confidentiality around emerging technologies...
...Chinese AI stocks have risen rapidly as the technology advances and Beijing provides solid guidance on its deployment....
...Beijing’s commerce ministry said last year it would “firmly oppose” a forced sale by ByteDance....
...Its rise comes even though OSL, previously known as BC Technology, has not made an annual profit since at least 2019, when it changed its name from Branding China, and lost HK$266mn last year....
...Meituan’s Hong Kong-listed shares are down more than 80 per cent from their 2021 peak. Part of that is due to weak consumer spending growth amid an economic slowdown....
...But Beijing last year banned banks from making comments that “disparage” the country. Wall Street banks have toned down the warnings they include in some Hong Kong filings....
...Beijing has approved at least 40 LLMs for public use, as regulators accelerate adoption of AI technology while maintaining strict oversight over its application....
...On Thursday, Chinese foreign minister Wang Yi condemned US efforts to deny China access to advanced technologies....
...“The most intense price competition is actually happening in the high technology area for the production of vehicles, solar panels, wind turbines . . . so it is hitting economies like Germany, Korea, Taiwan...
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