Chinese video app Tiktok's biggest competitor is going public in Hong Kong on Friday. The company is expected to reach a market valuation of $60 billion at the start of trading. Although Kuaishou's business is growing rapidly, the startup is struggling with several problems. International expansion has been slow. Recent tighter laws in China are also slowing Kuaishou down.
By Redaktion Table
China wants to demonstrate technological superiority with the presentation of the new quantum computer "Jiuzhang". The competition in quantum computing will become tougher because the technology is the great hope in battery research, drug development and autonomous driving.
By Ning Wang
Bloomberg's ranking of "green billionaires" is dominated by the Chinese. The shareholders of EV, battery and solar manufacturers are benefiting from the boom in sustainable investments. But caution is advised: Large parts of the "green fortune" are based on massively increased stock market prices.
By Nico Beckert
