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Spirits were high when the stock of Chinese ride-hailing service Didi went public in New York. However, just two days later Beijing started a crackdown campaign against the company. Western investors are becoming increasingly skeptical about Chinese IPOs.
By Redaktion Table
Following the state-enforced closure of the Apple Daily newspaper, other China-critical media in Hong Kong are also fearing for their future. The National Security Act hangs over the editorial offices like a sword of Damocles. Even the renowned South China Morning Post is rumoured to be sold to a Chinese investor loyal to the state, who could turn it into an instrument for Beijing's propaganda.
By Marcel Grzanna
The trial of Huawei's chief financial officer Meng Wanzhou is set to come to a decision this week. The trial of Huawei founder Ren Zhengfei 's daughter, who has been placed under house arrest in Canada since December 2018, is taking a turn: Meng's lawyers now present HSBC transcripts, which intent to prove that the bank was fully aware and that the U.S. government misappropriated facts.
By Frank Sieren
