Nasdaq is helping China keep IPOs at home

By Eliza Gkritsi

Nasdaq will release new restrictions on IPOs that will restrict many Chinese companies from listing on the stock exchange in the future. Chinese companies listed in the US are facing increasing skepticism after Luckin Coffee admitted to fraud in April….

Bytedance hires Disney streaming chief as Tiktok CEO

By Wei Sheng

Tiktok announced Tuesday it has hired Kevin Mayer, formerly The Walt Disney Company’s top streaming executive, as the chief executive officer of the popular short video app.

Why it matters: The company is intensifying its efforts to address con…