How Big Is Weibo’s Censorship Discount?
Leonid Bershidsky argues at Bloomberg View that the value of Weibo’s “less-than-stellar” lower end public offering ($3.46 billion compared to Twitter’s $25.2 billion) “provides a unique opportunity to...
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Minitrue: Alibaba and the ‘Red Second Generation’
The following censorship instruction, issued to the media by government authorities, has been leaked and distributed online. The name of the issuing body has been omitted to protect the source. Do not...
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Party vs Profit in Tug of War Over Chinese Buddhism
Amid a renewed domestic interest in Buddhism, sacred Chinese Buddhist sites have in recent years become major tourist attractions. This tourism boom has been fueled by a growing spiritual vacuum amid...
View ArticleXi Personally Stopped Ant Group IPO
After Shanghai’s stock exchange abruptly suspended Ant Group’s initial public offering just 10 days after Jack Ma delivered a blistering speech comparing Chinese regulators to a “geriatric club” intent...
View ArticleTikTok Parent ByteDance Plans Hong Kong IPO After Shelving New York Listing
ByteDance, the Chinese tech giant behind TikTok, is reportedly planning a 2022 Hong Kong initial public offering (IPO) just months after shelving a potential offshore listing in fear of punishment from...
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