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China's Biggest Messaging App WeChat Suspends NFT Accounts
In China, there is no regulation around NFTs yet. Users can buy these digital collectibles from a marketplace but secondary trading is heavily restricted.
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China Stocks Lead Gains in Asia; Shares of Evergrande's Electric Car Unit Plunge More Than 10%
Hong Kong-listed shares of China Evergrande Group’s electric vehicle unit returned to trade on Wednesday.
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Alibaba Leads $60 Million Funding Into Augmented Reality Glasses Maker Nreal in Metaverse Play
Chinese technology giants are trying to get in on the metaverse act. A collaboration with Nreal could help Alibaba expand its augmented reality capabilities.
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Chinese Tech Stocks Mostly Rise as Meituan Jumps More Than 11% in Mixed Asia Trading
Profits at China’s industrial firms rose 5.0% for the January to February period as compared with a year earlier, according to data released Sunday.
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Hong Kong Drops Nearly 3% as Chinese Stocks Tumble; Tech Stocks Fall
Apple is reportedly planning a hardware subscription service for iPhones that could launch as soon as the end of this year.
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Asia-Pacific Markets Mixed; Singapore's Travel-Related Stocks Jump After Easing of Covid Measures
Singapore on Thursday announced plans to ease Covid restrictions.
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Tencent ‘Exploring' a Financial Holding Company for WeChat Pay If Chinese Regulators Require It
Chinese giant Tencent said it is exploring whether regulators will require it to create a financial holding company to house is fintech business.
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Tencent Reports Slowest Revenue Growth on Record as China's Regulatory Headwinds Remain
Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021.
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Chinese Internet Stocks in Hong Kong Continue to Surge Amid Hopes of Easing Regulations
Shares of Chinese tech firms in Hong Kong soared on Wednesday trade, as the Hang Seng Tech index climbed around 2%.
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Japan's Nikkei 225 Closes 3% Higher as SoftBank Group Shares Surge 7%
Japan’s Nikkei 225 rose 3% on Wednesday, closing at 28,040.16 as shares of SoftBank Group jumped 7.22% while Fast Retailing climbed 5.21%.
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Hong Kong's Hang Seng Finishes in Negative Territory, But Ends Week More Than 4% Higher
Hong Kong’s Hang Seng index slipped 0.41% on Friday but still saw its first positive week in five following a big gains on Wednesday and Thursday.
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Hong Kong's Hang Seng Index Soars 7% as Tech, Property Stocks Surge; Japan's Nikkei Up More Than 3%
Hong Kong’s Hang Seng index led gains among the region’s major markets, surging 7.04% to close at 21,501.23 and erasing heavy losses from earlier in the week.
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Hong Kong's Hang Seng Index Surges 9%, Best Day Since October 2008 as Tencent, Alibaba Jump More Than 23%
Hong Kong’s Hang Seng index closed 9.08% higher on Wednesday but remains down more than 2% so far this week after seeing heavy losses on Monday and Tuesday.
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Hong Kong's Hang Seng Index Drops to Lowest Close Since February 2016; Oil Prices Fall Around 6%
Shares in China lagged among Asia-Pacific markets on Tuesday, with the release of much better than expected Chinese economic data offering little respite.
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Chinese Tech Giant Tencent Plunges 10% After Report of Record Anti-Money Laundering Fine
Tencent shares fell nearly 10% to close at 331.80 Hong Kong dollars ($42.38), their lowest closing level since Dec. 5, 2019.
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European Markets Close Higher Amid Renewed Hopes for Ukraine-Russia Talks
European stocks closed higher on Monday ahead of further talks between Russian and Ukrainian negotiators.
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Hong Kong's Hang Seng Index Drops About 5% as Investors Monitor China's Covid Wave
Hong Kong’s Hang Seng index dropped 4.97% on the day to 19,531.66, leading losses among the region’s major markets as Chinese tech stocks took a beating.
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Japan's Nikkei Falls 2% as Shares in Asia Decline; Chinese Tech Stocks in Hong Kong Drop
The Nikkei 225 in Japan fell 2.05% on Friday, shedding some of its nearly 4% gain on Thursday, with shares of conglomerate SoftBank Group dropping 6.21%.
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Major Mainland China Markets Lead Losses in Mixed Asia Trading Day
Shares in Asia-Pacific were mixed on Wednesday, as markets in mainland China and Hong Kong struggled to recover from losses seen earlier in the week.
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As U.S. and European Businesses Cut Ties With Russia, Chinese Tech Firms Remain Silent
Companies including Huawei, Xiaomi and Alibaba declined to comment when contacted by CNBC about whether they would cut their business in Russia.