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Issue 568

WiC 568 (Jan 7, 2022)

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Making more sense

Internet & Tech, Talking Point SenseTime stock spikes higher after Hong Kong IPO, despite US sanctions

The 1956 novel Minority Report, which was turned into a blockbuster film of the same name by Steven Spielberg in 2002, underlined the Cold War ...

Losing influence

China Consumer Shockwaves as livestreaming celebrities hit by heavy fines for tax evasion

When an estranged boyfriend exposed actress Zheng Shuang in 2021 for using a covert contract to conceal her true income for a television show, the ...

Welcome to Magnetic Valley

Energy & Resources Beijing orchestrates a mega-merger as it seeks control over rare earths

For the past half century, the part of the world most associated with technological progress has been Silicon Valley. If you fancy living there, a ...

High seas, big profits

Corporate Q&A After a record year in 2021 for container shippers what does…

The shipping industry grabbed a lot of headlines last year. Indeed, after a decade in which freight rates had plunged, the owners of container ships ...

The stability trade

Banking & Finance How will the A-share market and Hang Seng Index perform in…

The Hong Kong stock market was humming along in bullish mood in late 2020, following a 17% rebound in the Hang Seng Index (HSI) in the fourth quarter ...

Off the scale

ESG Norges Bank dumps TCM firm on ESG concerns

Pangolins – or ‘scaly anteaters’ – have a history of being hunted for their supposedly medicinal properties. These included the treatment of ...

Shrink to fit

Banking & Finance Ant makes a further strategic retreat, closing Xianghubao

Ten years ago Muhammad Yunus’ Grameen Bank was a topic for widespread debate in the Chinese market. Entrepreneurs and government officials alike ...

Making a spectacle

Healthcare Mingyue Optical Lens IPO surges 150%

Danyang in Jiangsu province is China’s leading producer of reading glasses. Yet until December last year none of the main eyewear companies in the ...

The ‘ex’ factor

Entertainment China’s rising tide of divorces is proving dramatic fodder for Hunan…

After making dramas that explored modern-day parenting in Chinese society, the producers behind the TV franchise A Love For Separation, A ...

More losers than winners

Sport Shandong Taishan wins CSL, amid crisis in Chinese football

The last week of December brought triumph and despair as China’s much-disrupted football season came to a final halt. Celebrating wildly was ...

Cai Niangniang

Red Star Model who is pushing beauty boundaries

When some old advertisements featuring a Chinese model began spreading online late last month, they soon whipped up a storm. The problem (according to ...

Calling for calm

Sino-File “2022 will come with its fair share of challenges, but we…

Guo Ping, Huawei’s current ‘rotating’ chairman, gives an optimistic message to the staff of the Chinese technology giant. The company said its ...

Winning ugly

And Finally Alibaba’s Taobao rewards its quirkiest products

The Chinese shopping platform Taobao is a genuine wonder of the world. It often feels that there is no item too small or too niche that Taobao ...

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