After the authorities surprisingly canceled the IPO of Alibaba's financial subsidiary Ant Group, the group is threatened with further cuts. According to reports, Beijing wants Alibaba to drastically scale back its media holdings. The independence of the South China Morning Post is in danger.
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Nachdem die Behörden überraschend den Börsengang der Alibaba-Finanztochter Ant Group absagten, drohen dem Konzern weitere Einschnitte. Laut Berichten will Peking, dass Alibaba seine Medienbeteiligungen drastisch zurückfährt. Die Unabhängigkeit der South China Morning Post ist in Gefahr.
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The trade turmoil with the US has created a new trend: the "homecoming" of Chinese corporations to domestic trading venues. Listed in the US, they now go to Shanghai, Shenzhen or Hong Kong. In Baidu's case, however, the willingness to pay is limited. But with Bilibili, the next trading debut is already on the horizon.
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Science fiction authors from the People's Republic are becoming increasingly popular around the world. The country offers them an ideal breeding ground for futuristic stories. In the meantime, the genre is even receiving official support. This was not always the case, as the genre is constantly on the verge of open social criticism.
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