HSBC spinoff: Bank’s top execs face tense shareholders in Hong Kong calling for a breakup

Hong Kong CNN  —  HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up. At an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn took questions from investors on issues ranging from how…

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Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates

Hong Kong CNN  —  China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing. The Cyberspace Administration of China (CAC) will review products sold by Micron in the…

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Pinduoduo: One of China’s most popular apps has the ability to spy on its users, say experts

CNN  —  It is one of China’s most popular shopping apps, selling clothing, groceries and just about everything else under the sun to more than 750 million users a month. But according to cybersecurity researchers, it can also bypass users’ cell phone security to monitor activities on other apps, check notifications, read private messages and…

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Hamas-Israel conflict: ‘In China, social media is bursting with support for Palestine’

Amid the ongoing conflict between Israel and Hamas, Chinese social media users have come out in support of Palestine. On Weibo, which boasts nearly 600 million users, a wave of antisemitism and anger towards Israel has emerged, the Business Insider reported quoting posts on Weibo. While Weibo is heavily moderated and may not accurately represent…

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‘Ignition plan’: Was China behind Hardeep Singh Nijjar’s killing in Canada?

NEW DELHI: According to an ANI story, Chinese Communist Party (CCP) agents may be behind the assassination of Khalistani extremist Hardeep Singh Nijjar in Canada. As per the report, independent blogger Jennifer Zeng alleged that the CCP orchestrated the killing to create discord between India and the West Zeng, a Chinese-born rights activist residing in…

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China and U.S. hold Asia-Pacific consultation in Washington

Senior Chinese and U.S. diplomats have had a candid, in-depth and constructive exchange of views on bilateral relations, the regional situation in the Asia-Pacific, respective regional policies and international and regional issues of mutual interest, according to the Chinese Foreign Ministry. In a statement released on Friday, the ministry said Chinese Vice Foreign Minister Sun…

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