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Nikki Sun

Stories by Nikki Sun

Analysis

Alibaba ‘rectification’ marks slowdown of China’s internet economy

Leading platform operators are expected to turn increasingly toward business services for growth.

Analysis

How China’s regulatory landscape is steering self-driving startups into the fast lane

Companies in the US and China are racing to improve test results to help commercialise self-driving cars.

Analysis

China’s local governments are driving the country’s EV vision

China has a goal to push the sales of new energy vehicles to 25% of overall car sales by 2025.

COVID-19

Uber to move APAC region headquarters to Hong Kong from Singapore

The decision comes after Uber earlier this month said that it will close 45 offices and lay off more than 3,000 workers globally.

IPOs & Markets

Li & Fung investors approve deal to delist Hong Kong trading house

The move allows the founding family to take the company private during a difficult business environment.

Analysis

HK consumer goods supplier Li & Fung plots future as global supply chain frays

Next week, Li & Fung shareholders will weigh a plan to delist from HK in a $10.7b take-private deal.

Deals

Tencent leads funding of up to $400m in car services startup Tuhu

Tuhu, founded in 2011, was valued at around $1.1 billion in its last funding round in September 2018.

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