Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>In Depth: How China’s insurance industry is slowly opening to the ill</li><li>Officials probed after fatal crash of bus traveling to Covid quarantine facility</li><li>Hong Kong may scrap hotel quarantines and pre-arrival tests</li></ul>

In Depth: How China’s insurance industry is slowly opening to the illOfficials probed after fatal crash of bus traveling to Covid quarantine facilityHong Kong may scrap hotel quarantines and pre-arrival tests

CX Daily: How China’s Insurance Industry Is Slowly Opening to the Ill

Equity Bottom-Up

<ul><li>Southeast Asian conglomerate Sea Ltd. has pumped the brakes on its e-commerce unit Shopee’s expansion, resorting to measures such as reneging on jobs offers to Chinese employees at the last minute.</li><li>The strategy shift came as the Singaporean company backed by Chinese tech giant Tencent Holdings Ltd. tries to slash costs to shore up its bottom line amid widening losses.</li><li>The red ink has followed several years of aggressive expansion by Shopee, which has piled pressure on its balance sheet this year, just as challenges raising money abroad mounted.</li></ul>

Southeast Asian conglomerate Sea Ltd. has pumped the brakes on its e-commerce unit Shopee’s expansion, resorting to measures such as reneging on jobs offers to Chinese employees at the last minute.The strategy shift came as the Singaporean company backed by Chinese tech giant Tencent Holdings Ltd. tries to slash costs to shore up its bottom line amid widening losses.The red ink has followed several years of aggressive expansion by Shopee, which has piled pressure on its balance sheet this year, just as challenges raising money abroad mounted.

Reneging on Job Offers Underscores Sea’s Retrenchment

<ul><li>In Depth: The weak link in China’s new-energy power plan: weather</li><li>Debate rages after residents barred from earthquake evacuation due to Covid curbs</li><li>Xi tells nation to mobilize for ‘core technology’ breakthrough</li></ul>

In Depth: The weak link in China’s new-energy power plan: weatherDebate rages after residents barred from earthquake evacuation due to Covid curbsXi tells nation to mobilize for ‘core technology’ breakthrough

CX Daily: The Weak Link in China’s New-Energy Power Plan: Weather

Research from Tech in Asia, Tech in Asia

Tech in Asia

Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

News from Tech in Asia

Thematic (Sector/Industry)

<ul><li>SeaMoney (a unit of Sea Group) and GoTo overtook Grab in the fintech space among ASEAN countries in 2021 primarily because the latter does not have an ecommerce entity</li><li>The report noted that the growth in fintech revenue in the region was driven by Indonesia. Overall financial inclusion in the region, however, is still low compared to China and the US</li><li>But categories such as digital banking and e-wallets present a huge opportunity to Southeast Asian super app players</li></ul>

SeaMoney (a unit of Sea Group) and GoTo overtook Grab in the fintech space among ASEAN countries in 2021 primarily because the latter does not have an ecommerce entityThe report noted that the growth in fintech revenue in the region was driven by Indonesia. Overall financial inclusion in the region, however, is still low compared to China and the USBut categories such as digital banking and e-wallets present a huge opportunity to Southeast Asian super app players

Sea, GoTo Overtook Grab in ASEAN Fintech Space 2021, Says Report

<ul><li>China eases Covid-19 test rules for air travelers from more countries</li><li>Global investors continue to dump yuan bonds as Treasurys, dollar rise</li><li>Chinese President Xi Jinping pledges to open door wider to world</li></ul>

China eases Covid-19 test rules for air travelers from more countriesGlobal investors continue to dump yuan bonds as Treasurys, dollar riseChinese President Xi Jinping pledges to open door wider to world

CX Daily: China Eases Covid-19 Test Rules for Air Travelers From More Countries

Singapore

Singapore Telecommunications Limited wireless telecommunication services. The Company offers diverse range of services including fixed, mobile, data, internet, TV,  and digital solutions. Singapore Telecommunications serves customers worldwide.

NetLink NBN Trust designs, builds, owns, and operates fiber network infrastructures. The Company offers fiber network resources, including ducts, manholes, and cables. NetLink NBN Trust also focuses on leasing telecommunication infrastructures to telecommunication service providers. NetLink NBN Trust serves customers in Singapore.designs, builds, owns, and operates fiber network infrastructures. The Company offers fiber network resources, including ducts, manholes, and cables. NetLink NBN Trust also focuses on leasing telecommunication infrastructures to telecommunication service providers. NetLink NBN Trust serves customers in Singapore.

StarHub Ltd. is a fully-integrated info-communication company offering a full range of information, communications, and entertainment services for both consumer and corporate markets in Singapore. The Company provides mobile network and multi-channel cable TV services, including high definition and on-demand services, as well as high-speed residential broadband services.

Digilife Technologies Limited Limited offers mobile telecommunication solutions. The Company provides a portfolio of voice, data and computing services along with VoIP technology. S 121 Ltd supports access from mobile devices through either mobile broadband (3G/4G) or WiFi.

Polaris Limited provides a wide range of telecommunications services. The Company's services services range from prepaid communication services to wholesale voice traffic.

Edition Ltd offers software and content for cellular telephones.  The Company offers software that allows for customized ring tones, personal voice mailbox, mobile karaoke, and other services.

World Wrestling Entertainment, Inc. operates as a media and entertainment company. The Company offers live wrestling events, television programming, music publishing, advertising, licensing, and home video streaming services. World Wrestling distributes its programs worldwide in various languages.

NetEase, Inc. is an Internet technology company that develops applications, services and other Internet technologies in China. The Company's core businesses consist of email service, web portal and online entertainment, including online gaming services. NetEase also offers online advertising, search, mobile applications and e-commerce.

Nintendo Co., Ltd. globally develops, manufactures and sells home-use video game hardware and software in home entertainment business.  The company also produces home-game products including cards.

Roku, Inc. designs and manufactures consumer electronic products. The Company offers wireless enabled devices that stream audio and video content from the internet to home entertainment systems. Roku serves customers globally.

Endeavor Group Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, offers entertainment content, as well as specializes in marketing and licensing, representation, and event management. Endeavor Group Holdings serves customers worldwide.

HYBE Co., Ltd. operates as an entertainment company. The Company provides music production, album distribution, entertainers management, publicity, planning, training, and other services. HYBE also makes television shows.

Kunlun Tech Co., Ltd. offers comprehensive Internet value-added services. The Company focuses on social network interactive and online game fields. Kunlun Tech also provides localized translation outsourcing and agency advertising services.

Bilibili Inc. provides online entertainment services. The Company offers a platform that covers a wide array of genres and media formats, including videos, live broadcasting, mobile games, animation, and comics. Bilibili serves customers in China.

China Ruyi Holdings Limited operates as a holding company. The Company, through its subsidiaries, focuses on online streaming video and internet community businesses. China Ruyi Holdings also manufactures and sells photographic, electronic, and multimedia accessories.

37 Interactive Entertainment Network Technology Group Co.,Ltd designs, develops, and operates mobile games and web games. The Company also provides game promotion, customer service, top-up payment, and other services. 37 Interactive Entertainment Network Technology Group conducts its businesses in China.

37 Interactive Entertainment N (002555 CH)

Sea Limited offers information technology services. The Company provides online personal computer and mobile digital content, e-commerce, and payment platforms. Sea serves customers worldwide.

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Sea (SE US)

CX Daily: How China’s Insurance Industry Is Slowly Opening to the Ill

In Depth: How China’s insurance industry is slowly opening to the ill. Officials probed after fatal crash of bus traveling to Covid quarantine...

Caixin Global

Reneging on Job Offers Underscores Sea’s Retrenchment

Southeast Asian conglomerate Sea Ltd. has pumped the brakes on its e-commerce unit Shopee’s expansion resorting to measures such as reneging on...

Caixin Global

CX Daily: The Weak Link in China’s New-Energy Power Plan: Weather

In Depth: The weak link in China’s new-energy power plan: weather. Debate rages after residents barred from earthquake evacuation due to Covid curbs

Caixin Global

Sea, GoTo Overtook Grab in ASEAN Fintech Space 2021, Says Report

SeaMoney (a unit of Sea Group) and GoTo overtook Grab in the fintech space among ASEAN countries in 2021 primarily because the latter does not...

Tech in Asia

CX Daily: China Eases Covid-19 Test Rules for Air Travelers From More Countries

China eases Covid-19 test rules for air travelers from more countries. Global investors continue to dump yuan bonds as Treasurys, dollar rise

Caixin Global

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