Bloomberg Markets and Finance published this video item, entitled “China Widens Crackdown on Tech” – below is their description.
Aug.09 — China’s widening crackdown on tech continues. We are also seeing a report that TikTok owner Bytedance Ltd. may be eyeing a revival of its Hong Kong IPO plans. Bloomberg’s Stephen Engle reports on “Bloomberg Daybreak: Asia.”Bloomberg Markets and Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
About This Source - Bloomberg Markets and Finance
Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Bloomberg Books #Ad
Chevron CEO Lays Out Firm’s Green Energy Goals
UN Secretary-General on Climate Change, Afghanistan, U.S.-China
“Bloomberg Markets” Full Show (09/17/2021)
In This Story: Hong Kong
Hong Kong, officially the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR), is a metropolitan area and special administrative region of the People’s Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world.
Hong Kong became a colony of the British Empire after the Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898. The whole territory was transferred to China in 1997. As a special administrative region, Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of “one country, two systems”.
Investors Losing Confidence in China Property Sector: Bocom
See-through masks from Hong Kong open up communication for lip-readers during pandemic
HK official: HK is ready to embrace China’s 14th Five-Year Plan
In This Story: TikTok
TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.
ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.
3 Recent Items: TikTok
Taylor Swift Does Wildest Dreams TikTok Trend
Reached the GOAL | Cholitas climbers play football on a mountain top
Stonehenge: redemption? | The famous monument undergoing restoration for the first time in decades