Latest news with #ChinaTech
Bloomberg
10-06-2025
- Business
- Bloomberg
Billionaire Johnson Family's VC Fund to Exit China Tech Holdings
A venture capital fund backed by Fidelity Investments ' billionaire Johnson family plans to unload its Chinese technology holdings amid heightened tensions between Beijing and Washington, according to people familiar with the matter. Eight Roads, Abigail Johnson's family firm that was an early investor in China's internet sector, began exploring the sale of all its investments in about 40 Chinese tech companies earlier this year, the people said, asking not to be identified discussing a private matter.
Yahoo
01-06-2025
- Business
- Yahoo
Need to Improve Visibility of Asian Americans: Chen
The White House is planning wider sanctions on China's tech sector with new regulations targeting subsidiaries of Chinese companies. This came shortly after President Trump commented that Beijing violated a tariff agreement without giving any specifics. The escalating US-China tensions that the discourse of Asian American, Pacific Islander identity, safety, and economic opportunity has become all the more urgent. The Asian American Foundation CEO Norman Chen has more on the story. Sign in to access your portfolio
Bloomberg
30-05-2025
- Business
- Bloomberg
Need to Improve Visibility of Asian Americans: Chen
The White House is planning wider sanctions on China's tech sector with new regulations targeting subsidiaries of Chinese companies. This came shortly after President Trump commented that Beijing violated a tariff agreement without giving any specifics. The escalating US-China tensions that the discourse of Asian American, Pacific Islander identity, safety, and economic opportunity has become all the more urgent. The Asian American Foundation CEO Norman Chen has more on the story. (Source: Bloomberg)
Bloomberg
30-05-2025
- Business
- Bloomberg
US Plans Wider China Tech Sanctions With Subsidiary Crackdown
The Trump administration plans to broaden restrictions on China's tech sector with new regulations to capture subsidiaries of companies under US curbs. Officials are drafting a rule that would impose US government licensing requirements on transactions with companies that are majority-owned by already-sanctioned firms, according to people familiar with the matter.
Bloomberg
30-05-2025
- Business
- Bloomberg
NetEase Shares Near Record High as China's Gen Z Embraces Games
NetEase Inc. shares are closing in on their first new all-time high in over four years, as a wave of youthful consumerism adds to a host of positives for China's game stocks. Hong Kong-listed shares of the company behind hits like Eggy Party are now less than 3% away from their 2021 record. The stock ranks among the top gainers this year on indexes of Chinese tech and global game companies.
