A lawmaker in China’s financial hub of Shanghai has called for the lifting of strict internet controls in free-trade zones, financial districts and universities to help support AI development and attract foreign investment and talent. Mao Xiangdong, vice-president of the Shanghai Institute of Technology and a member of the standing committee of the city’s people’s…
A college student in China missed her last chance to see a dying relative after her dormitory manager insisted on the curfew rule, sparking public fury. Many from the Guangdong Eco-Engineering Polytechnic in southern China’s Guangdong province posted the young woman’s accusations against dorm managers’ indifference in their dorm group chat, on November 24. The…
HONG KONG (Reuters) – Shares of China property developers surged on Monday after first-tier cities such as Guangzhou lifted all home purchase restrictions over the weekend, while Shanghai and Shenzhen announced plans to ease key buying curbs. Hong Kong’s Hang Seng Mainland Properties Index gained more than 10%, and the mainland’s CSI 300 Real Estate…
Shares of former U.S. President Donald Trump’s media company sprang back over 6% on Wednesday, rebounding from all-time lows after restrictions on insider selling expired last week. Two straight days of gains in Trump Media & Technology Group, which is 57% owned by the Republican presidential nominee, have lifted it 12%, bringing its market capitalization…