Hong Kong Internet Shout out Gong Hee Fat Choi, week in review

China final night time Crane per week in evaluate China launched 2022 financial knowledge this week. GDP grew +3.0% whereas retail gross sales fell -0.2%, lower than anticipated. Chewy founder Ryan Cohen publicizes a stake in Alibaba and is looking for extra share buybacks primarily based on the corporate’s low valuation. World financial leaders collect … Read more

China’s video game makers are coming in cold as crackdowns ease

HONG KONG (Reuters) – China’s finish to an enormous crackdown on the online game market is predicted to revive the battered business this 12 months, however remaining restrictions on some content material and financial headwinds will restrict the extent of the restoration. Extreme restrictions imposed by Beijing in 2021 have laid waste to the as … Read more