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Posted on August 6, 2021

China Removes Duolingo From App Stores, Hitting U.S. EdTech

Duolingo Inc., a Pittsburgh company that makes a popular language-learning app, was removed from some app stores in China, signaling the government’s crackdown on for-profit education may be extending …

( read original story …)



Posted on August 6, 2021

China Telecom Seeks $7.3 Billion in World’s Top 2021 Listing

China Telecom Corp., one of the three mainland telecom carriers booted off the New York stock exchange, is planning to raise 47.1 billion yuan ($7.3 billion) from a listing in Shanghai that is set to …

( read original story …)



Posted on August 6, 2021

Indonesia monitoring COVID-19 impact on companies, spillover risk: Finance Minister

JAKARTA: Indonesian financial authorities are assessing the economic impact of a surge in COVID-19 cases, including the effect on the corporate sector and the spillover risk to the financial system, …

( read original story …)



Posted on August 6, 2021

Next China: Caught Off Guard by ‘Spiritual Opium’

Losing $1 trillion puts people on edge. And this week — not a fortnight after Beijing’s crackdown on after-school tutoring sparked a shocking sell-off — a commentary in a newspaper little read outside …

( read original story …)



Posted on August 6, 2021

China Removes Duolingo From App Stores, Hitting U.S. EdTech

Duolingo Inc., a Pittsburgh company that makes a popular language-learning app, was removed from some app stores in China, signaling the government’s crackdown on for-profit education may be extending …

( read original story …)



Posted on August 6, 2021

China Telecom prices shares for US$8.4 billion Shanghai listing after removal from NYSE

China Telecom was one of four companies delisted in New York as part of a US blacklisting over purported ties to the Chinese military.

( read original story …)



Posted on August 6, 2021

Next China: Caught Off Guard by ‘Spiritual Opium’

Losing $1 trillion puts people on edge. And this week — not a fortnight after Beijing’s crackdown on after-school tutoring sparked a shocking sell-off — a commentary in a newspaper little read outside …

( read original story …)



Posted on August 6, 2021

Top China Chipmaker Surges as Supply Crunch Brightens Outlook

Semiconductor Manufacturing International Corp. jumped as much as 10% in Hong Kong after raising its annual sales outlook, as a prolonged global chip shortage drove up prices of chipsets.Revenue at …

( read original story …)



Posted on August 6, 2021

An uncertain future for China fintechs? Part 2

As a result of policy direction in China and its implications on investor sentiment, fintechs may face tougher paths to raise money in the markets where they generate their business.

( read original story …)



Posted on August 6, 2021

China Telecom prices shares for US$8.4 billion Shanghai listing after removal from NYSE

China Telecom was one of four companies delisted in New York as part of a US blacklisting over purported ties to the Chinese military.

( read original story …)



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