Xie Yu
Stories by Xie Yu
China may fine ride-hailing firm Didi more than $1b for data breaches
The move could bring an end to a probe into the firm's cybersecurity practices
Evergrande unit’s onshore bondholders reject proposal to delay repayment
Hengda is in talks with bondholders to reach an acceptable agreement soon
Evergrande canvassing creditors’ support against winding-up petition
The petition marks the first lawsuit of its kind against Evergrande, which has over $300b in liabilities.
US, Chinese regulators in talks to settle long-pending audit compliance deal
The standoff, if not resolved, could see Chinese firms kicked off New York bourses
US regulatory officials are in China for audit deal talks
The stand-off, if not resolved, could see Chinese firms kicked off New York bourses.
UBS names new manager to oversee $2b Asian high yield fund
Raymond Lin Gui will join UBS's asset management arm in Hong Kong on May 2.
US step to delist Chinese ADRs worsens investment, listing outlook
The move revived fears among investors and triggered a massive sell-off in Chinese ADRs.
China Evergrande to push ahead with sale of HK land after receiver appointment
The developer has been struggling to repay creditors, suppliers and investors in wealth management products.
Dashed dreams for China Evergrande’s $13b showpiece resort island
In 2017, China Evergrande founder Hui Ka Yan was Asia's richest man.
TikTok owner ByteDance’s revenue growth slowed to 70% last year
In 2020, the Beijing-based company's total revenue grew by over 100% to $34.3 billion.
