Hello Inc., a Chinese bike rental app backed by Ant Group, canceled plans for a New York IPO amid tightening regulatory scrutiny on overseas IPOs. Why it matters: Formerly known as Hellobike, Hello Inc. is the latest Chinese tech company to backtrack on overseas IPO plans since Chinese...

Tencent’s popular super app WeChat said Tuesday it has temporarily suspended new user registrations, attributing the decision to “related laws and regulations.” Why it matters: This is the first time Tencent has suspended new user registration for the ubiquitous app in China, which many...

If you care about China tech, it’s time to get to know the country’s main tech regulators. 2021 started with the country tightening antitrust regulations on big technology players, shaving billions of dollars off their market caps. The crackdown reached a new high this month when the...

Beijing unveiled new rules on Saturday on the country’s private education sector, barring after-school tutoring companies, including edtech companies, from earning profits, raising capital, or going public and imposing new limits on extracurricular study.Why it matters: The new rules will...

On Saturday, China’s top market regulator ordered Tencent to end exclusive music licensing deals within 30 days from Saturday, writing that the action was “the first case” of “necessary measures to restore market competition” in a Saturday statement (in Chinese).Why it matters: The...

China’s securities regulator on Thursday approved China Telecom to list on the Shanghai Stock Exchange, two months after the state-owned telecommunications company was delisted from the New York Stock Exchange (NYSE).Why it matters: China Telecom’s domestic listing comes as US-China...

More Chinese people are dissatisfied with overtime schedules and voting against “996” with their feet. Bytedance and Kuaishou could start a wave of...

Gotion High-Tech, a Chinese battery maker, will build a battery factory with Volkswagen in Germany, the company announced on Tuesday. Gotion is the latest Chinese battery manufacturer to expand overseas, with its eyes on European automakers embracing electric vehicles.Why it matters: The new...

Blockchain technology’s tamper-proof and distributed nature will be key to building mutual trust and enabling lower cost trade solutions that will allow small and medium enterprises (SMEs) to benefit from the coming economic recovery, Geoff Jiang of AntChain said recently.In a speech at the...

Proposed revisions to China’s cybersecurity review process would require companies that control data of more than 1 million users to seek permission from regulators before filing for IPOs overseas. China’s cyberspace authority proposed a series of revisions to the cybersecurity review rules...

The Shenzhen government issued the most detailed data regulation on data in China yet. The regulation laid the groundwork for future national and regional data legislation, experts said. Passed on June 29 by top legislators in Shenzhen, the regulation bans several common data practices seen...

ByteDance announced Friday that it will cancel weekend work days at the beginning of August, an employee told TechNode. The company currently requires staff to work every other Sunday in a schedule known as “big and small weeks.” The change in policy comes amid a national backlash against...

Top market regulators in China announced on Wednesday night a large batch of antitrust punishment. Tech majors Didi, Alibaba, Tencent, Suning, and Meituan were fined the maximum penalty under current law for violating the Anti-Monopoly Law by not declaring deals to the regulators.Why it...

China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues affecting the macroeconomy and the stock prices of...

Alibaba strengthens its local services to combat Meituan. Troubled retailer Suning gets a $1.36 billion bailout from Alibaba and a provincial government. Chinese regulators to increase penalties for misleading price practices. Nayuki Tea goes public in Hong Kong. Logistics firm Yunquna raises...