Tag: China
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No US venture firm is bigger in China than Sequoia Capital. But as tensions rise, even Sequoia is pulling back. Get the blog before anyone else…subscribe! From a report out this morning in The Wall Street Journal: Sequoia Capital has started screening some investments its China arm is considering in…
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Bao Fan did everything right. Despite being one of China’s top tech investors, Bao kept a low profile and hewed to the Communist Party line. Then, he disappeared. Get the blog before anyone else…subscribe! From an article out this morning in The New York Times: …on Valentine’s Day last week,…
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Venture funds are giving up on China. Funding has fallen 44% this year amid a government crackdown on tech. Get the blog before anyone else…subscribe! From a report out overnight in Bloomberg: Venture capital investments in China are falling sharply this year, making it one of the worst-performing countries globally…
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A major state-backed investment fund in China is in shambles as several top executives have been arrested. From the MIT Technology Review: Get the blog before anyone else…subscribe! China’s chipmaking industry descended into chaos last week, with at least four top executives associated with a state-owned semiconductor fund arrested on…
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Chinese homebuyers are refusing to pay their mortgages in a boycott that’s spreading across the country. Many fear the homes they’re paying for will never be finished. Now, suppliers to builders are also defaulting on loans. Get the blog before anyone else…subscribe! From ABC News Australia: A fast-growing mortgage boycott…
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Another quick delivery startup is struggling to keep its doors open. Beijing-based Missfresh is fighting huge losses and accounting irregularities. From a report that broke this weekend in the Financial Times: Tiger Global-backed grocery delivery start-up Missfresh is fighting to survive as it shuts operations across China, wallows in an…
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Never miss a post…subscribe! Citadel made a major loan to a Chinese surveillance company in 2006. This shadowy company, which doesn’t even appear to have a website, has sold surveillance equipment to China’s Communist government. From a new report from Crain’s Chicago Business: …in 2006, Citadel loaned $110 million to…
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+ CCP, China, Citadel, Communism, Finance, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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Never miss a post…subscribe! On a quiet block just south of bustling 42nd Street, my wife and I ducked into a doorway and disappeared. This isn’t a spy novel. But it is an incredible lunch. Hunan Manor in midtown Manhattan serves outstanding Chinese food firmly rooted in the traditions of…
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You just went to a protest marking the anniversary of the Tiananmen Square massacre. You were scared, but you went. You wore a mask and took a winding route home. No one could have seen you. You arrive home to your Hong Kong apartment and decide to check your bank…
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Tremendous 