Kuaishou held IPO in Hong Kong instead of U.S. after trade war

From left, the flags of the Hong Kong Inventory Alternate, China and Hong Kong are seen flapping within the wind on Could 6, 2019. Anthony Wallace | AFP | Getty Pictures Enterprise agency DCM simply generated a $16 billion return … Read more

China video apps Kuaishou, Douyin become e-commerce sites like Alibaba

A person holding a cellphone walks previous an indication of Chinese language firm ByteDance’s app TikTok, recognized regionally as Douyin, on the Worldwide Synthetic Merchandise Expo in Hangzhou, Zhejiang province, China October 18, 2019. Reuters BEIJING — Chinese language customers … Read more