SEC added Baidu, Futu Holdings, iQiyi, CASI(Beijing)Pharmaceuticals Technology Co., Ltd. and Nocera Inc. to a provisional list of companies that may be delisted from U.S. stock exchanges.
While TikTok’s ad revenue is growing at a 300% compound annual growth rate, ByteDance’s advertising revenue in China has stagnated, despite recent growth in TikTok’s e-commerce business.
Due to U.S. sanctions, Google has halted the certification of smartphones from a Russian telephone company, BQ, from running Android operating systems.
On March 24, the spokesperson of The Ministry of Commerce of China Shu Jueting, said that China expects the United States to cancel all additional tariffs imposed on China as soon as possible.
On March 24, oil and energy company Shell plc and Chinese automaker BYD signed a global strategic agreement to collaborate on charging terminals, home energy solutions, and the construction of electric vehicle service centres. The partnership will start in China