SoftBank Suffers Loss Amidst China’s Tech Crackdown
Tokyo-based investment management company SoftBank Group has announced a net loss for the July-September quarter. This is the company’s first quarterly net loss in a year and a half. Softbank is popular for its Vision...
China’s Billionaire Class Exposed in Hurun’s 2021 Rich List; Bottled Water and New Energy Create Fortunes
The 2021 Hurun China Rich List was announced on Oct. 27 and according to the calculation of wealth, as of Jan. 15, 2021, the wealth of bottled water king, Zhong Shanshan, 67, grew by US$3.9 billion...
Billionaire Actress Zhao Wei Purportedly Flees China, Is Scrubbed From the Mainland’s Internet
Award winning Chinese actress, director and successful business woman, Zhao Wei, has reportedly fled China after being completely scrubbed from the internet in the People's Republic. Beijing authorities have blacklisted the billionaire from all social...
Investors ‘Sell’ Chinese Tech Stocks as Beijing Continues Crackdown
The Chinese Communist Party’s crackdown on the country’s tech companies has wiped out a trillion dollars from global stock markets. And as Beijing continues to tighten its noose over tech firms, investors are becoming increasingly...
Belgium Alibaba Airport Hub a Weak Link in Homeland Security Because of Communist Party Connection
Chinese spies may have free access to critical information in Belgium after the government allowed foreign investment by the Chinese Communist Party (CCP) in the Liege Airport through Jack Ma’s Alibaba, warns the country’s Justice...
Xi Jinping Targets Jack Ma’s Alibaba
China’s leading tech company in the crossfire between rival Communist Party factions In many ways, Alibaba Group is the face of China’s tech industry, penetrating every aspect of Chinese life with its products, from Taobao...
‘Little Jack Ma’ Used and Abandoned by Chinese Agency
Fan Xiaoqin first became an internet sensation and child celebrity in China in 2016 due to his uncanny resemblance to Chinese entrepreneur Jack Ma, earning him the nickname of “Little Jack Ma.” It came to...
Why Alibaba’s Jack Ma Disappeared, Then Reappeared
Three months ago, China’s wealthiest man suffered a setback so massive that it could only have been caused by China’s most powerful man. Chinese financial services company Ant Group owns the country’s biggest online payment...
China Pressures Jack Ma to Hand Over Customer Data
The Chinese communist regime is pressuring Jack Ma to hand over customer data collected by his companies Alibaba and Ant Group. Both companies are under anti-monopoly investigation after Ma criticized the CCP for stifling innovation...
Beijing Moves in on Tech Mogul Jack Ma
In October, leading Chinese entrepreneur Jack Ma offered criticism of the Chinese Communist Party (CCP), warning that the regime’s attempts to control financial risks would stifle innovation. Two months later, Ma is facing the repercussions. ...
Ant Group Investor Injured in Attack. Offers HK$10M Bounty
A record bounty of HK$10 million is being offered to capture suspects who attacked an Ant Group investor nicknamed "Cash Cow", a friend of Chinese e-commerce giant Alibaba’s founder Jack Ma. According to local reports,...
