Josh Horwitz
Stories by Josh Horwitz
China tech veterans to start “domestic replacement” fund to help firms banned by US
China Europe Capital aims to raise $731m for the fund.
Taiwanese Apple supplier Catcher to sell two units to China’s Lens for $1.4b
Catcher makes metal casings for a range of consumer electronics, including the iPhone.
Chinese tech champions face bleak global prospects as great powers clash
Chinese firms such as DJI, Megvii, SenseTime, iFlytek and Hikvision are among those losing access to markets.
UCWeb lays off India staff, Club Factory halts payments after app ban
Alibaba's UC Browser had 130 million monthly active users in India.
SMIC shares surge in Shanghai debut after $6.6b offering
The capital raised will help SMIC build plants and replenish operating capital.
Chinese state-backed chip fund to cut stakes in two more tech companies
The stake reduction is part of a previously announced plan to cut holdings by 2% by Jan. 4, 2021.
Three Chinese firms secure approval for IPOs under new ChiNext system
China introduced a US-style IPO system to the ChiNext a month ago to reform the country’s stock markets.
Alibaba co-founder Jack Ma sells shares worth $9.6b, stake dips to 4.8%
The move comes as Ma plans to ramp up his focus on philanthropy.
Chinese chipmaker Cambricon Tech set to raise $367.8m in IPO
Cambricon’s IPO price tag values the company at 58.03 times its 2019 sales based on the post-IPO capital base.
Alibaba said to have dismissed live-streaming chief on nepotism charges
Zhao Yan was fired after he used his position to help third-party livestreamers score favorable positioning on Taobao Live.
