US regulator is investigating Iqiyi for financial fraud

By Wei Sheng

Chinese video-streaming platform Iqiyi said Thursday that it is under investigation by US authorities over a short report released in April which accused the company of inflating 2019 revenue by up to 40%.

Why it matters: US regulators are more acti…

8 things to know about the Chinese tech giant behind Tiktok

By Wei Sheng

Everyone’s talking about Tiktok, the hot short video app that has been thrust into the global spotlight on the back of an emerging US-China cold war. But outside China, few people know about Bytedance, the elusive tech unicorn behind one of the world’s…

Ctrip said to be mulling delisting from Nasdaq

By Wei Sheng

Chinese online travel company Ctrip is considering delisting from Nasdaq and is in talks with potential investors to fund the plan, Reuters reported on Tuesday citing unnamed sources.

Why it matters: China’s largest online travel firm is the fourth …