Cheng Leng
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Articles by Cheng Leng
‘China’s Instagram’ targets male users as RedNote readies for IPO
China’s answer to Instagram is betting on male users to fuel its next stage of growth as it prepares for the biggest initial public...
China competirá contra el dólar con pagos digitales
Joe Leahy y Cheng Leng Pekín / 15.06.2026 00:19:08 China se prepara para el despliegue comercial de un programa de moneda digital que puede cambiar la forma de las transacciones transfronterizas, reducir la dependencia del dólar y estrechar los lazos de Pekín con sus socios comerciales de la Iniciativa de la Franja y la Ruta.
China tees up digital payments system to compete with dollar
China is getting ready for the commercial rollout of a digital currency programme that could reshape cross-border transactions, reduce...
Chinese investors rush to open Hong Kong accounts amid Beijing crackdown
Chinese investors are rushing to Hong Kong to open bank accounts and buy investment products, as Beijing cracks down on cross-border...
Chinese investors turn to digital bets for exposure to US tech IPOs
Chinese investors are using digital assets to circumvent Beijing’s capital controls and simulate investments in hot US IPOs such as...
PwC cuts partner payouts in China Evergrande fallout
PwC partners in Hong Kong are set to miss out on payouts collectively worth hundreds of thousands of dollars after a record fine for...
Nvidia chief Jensen Huang to join board at prestigious Beijing university
Jensen Huang has agreed to join the advisory board of a prestigious Chinese university that counts Apple’s Tim Cook as chair, as the...
China cracks down on illegal cross-border securities trading
China’s top securities watchdog will penalise three brokerages for conducting illegal cross-border securities businesses in an effort to...
Morgan Stanley issues China-only iPhones to its Hong Kong bankers
Morgan Stanley has given its entire Hong Kong investment banking team special devices to use in mainland China, in a sign of rising...
Electric ships and trucks to buoy battery boom, says China lithium boss
Even the most bullish forecasts for lithium demand underestimate the rise of new battery-powered industries, one of China’s biggest...
Schroders plans to exit China mutual funds business after just three years
Schroders plans to exit its fully owned China mutual funds business as the 200-year-old company seeks to streamline its presence in the...
China warns UK over nationalisation of British Steel
China has warned the UK government over its planned nationalisation of British Steel and said it should “refrain from abusing...
War disruption grows and data centres go to space
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Hello, this is Kenji, presenting this edition of #techAsia from Tokyo after our short Golden Week holiday break.
By Kenji Kawase Verified, Cheng Ting-Fang Verified, Lauly Li, Zijing Wu Verified, Cheng Leng Verified, Eleanor Olcott Verified, Yifan Yu Verified
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Financial Times
Verified
DeepSeek nears $45bn valuation as China’s ‘Big Fund’ leads investment talks
China’s biggest state-backed semiconductor investment vehicle is in talks to lead the financing of DeepSeek’s first fundraising that...
DeepSeek nears $45bn valuation as China’s ‘Big Fund’ leads investment talks
China’s biggest state-backed semiconductor investment vehicle is in talks to lead the financing of DeepSeek’s first fundraising that could Upgrade to read this Financial Times article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
China flexes trade power with soaring use of export controls
China has nearly tripled its use of export controls in the past five years, a report shows, underlining Beijing’s willingness to leverage...
Tropical Chinese island bids to be world’s largest free-trade hub
A tropical Chinese island is pushing through the country’s most ambitious free-trade experiment since Beijing established its first...
How will the Iran war impact China? You asked, we answered
China imported about half of its crude oil from the Middle East last year, but the country is estimated to hold the world’s largest...
AI and tech companies drive Hong Kong listings to 5-year high
Chinese AI and technology companies have driven Hong Kong listings to a five-year high, as investor demand for the sector continues to...
China aprovecha la guerra en Irán para quedarse con más mercado mundial
Se espera que la guerra de Estados Unidos e Israel contra Irán ayude a los exportadores chinos a ganar cuota de mercado global frente a rivales en países más afectados por los altos precios de la energía y los shocks en las cadenas de suministro, según economistas.
Iran war gives Chinese exporters chance to grab global market share
The US and Israel’s war on Iran is expected to help China’s exporters gain global market share from rivals in countries hit harder by...
Chinese IPOs in US falter amid scrutiny of manipulation schemes
Chinese company listings on US stock exchanges have ground to a halt after a two-year boom as regulators in both countries step up...
China curbs ‘low-quality’ listings to cool Hong Kong IPO boom
China has moved to stop “low-quality” companies from listing in Hong Kong as it seeks to slow but not halt an IPO boom.
Chinese provinces set lower growth targets for 2026
Most Chinese provinces are targeting lower economic growth this year, in what many economists believe is a signal Beijing will set a...
Ford in talks with Geely to use spare plant capacity and platform sharing
Ford is in talks with China’s Geely for a partnership in Europe as the US carmaker seeks to revive its struggling passenger vehicle...
Tesla’s car-lite shift and an app to die for
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Hello from California, this is Yifan, your #techAsia host this week. If you haven’t heard, 2026 is all about physical AI.
By Yifan Yu Verified, Cheng Leng Verified, Zijing Wu Verified, Ryan Mcmorrow Verified, Cissy Zhou Verified
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Financial Times
Verified
China’s GDP grows 5% in 2025 as exports offset weak domestic outlook
China’s GDP grew 5 per cent last year despite US President Donald Trump’s tariff war, as booming exports offset more anaemic growth in...
Chinese asset manager hits Rmb1tn ETF milestone as ‘national team’ supports stocks
One of China’s largest asset managers has become the first company in the country to pass Rmb1tn ($143bn) in exchange traded funds under...
Donald Trump’s Russian oil sanctions hit India and China’s imports
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India and China’s largest refineries are looking at curbing imports of Russian oil, cutting off a critical source of funds for Vladimir...
By David Sheppard Verified, Andres Schipani Verified, Krishn Kaushik Verified, Chris Kay Verified, Cheng Leng Verified, Edward White Verified
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Financial Times
Verified
Chinese tech giants pause stablecoin plans after Beijing steps in
Chinese tech giants have paused plans to issue stablecoins in Hong Kong, after Beijing raised concerns about the rise of currencies Upgrade to read this Financial Times article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Chinese tech giants pause stablecoin plans after Beijing steps in
Chinese tech giants have paused plans to issue stablecoins in Hong Kong, after Beijing raised concerns about the rise of currencies...
Microsoft steps further from China, rare earth miners get a boost
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Hello from Tokyo, this is Katherine Creel, your host for this week’s #techAsia.
By Katherine Creel, Lauly Li, Cheng Ting-Fang Verified, Zijing Wu Verified, Cheng Leng Verified, Kenji Kawase Verified
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Financial Times
Verified
Private equity groups Carlyle and Boyu lead bids for Starbucks China
Private equity groups Carlyle and Boyu Capital are the leading contenders to acquire a majority stake in Starbucks’ China business, as...
China opens probe into Qualcomm and imposes retaliatory fees on US ships
China has launched an antitrust investigation against US chipmaker Qualcomm and imposed fees on American-owned ships docking at Chinese...
China launches customs crackdown on Nvidia AI chips
China has stepped up the enforcement of its controls on chip imports, as Beijing seeks to wean the country’s technology companies away...
China launches customs crackdown on Nvidia AI chips
China has stepped up the enforcement of its controls on chip imports, as Beijing seeks to wean the country’s technology companies away from Upgrade to read this Financial Times article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Singapore and Hong Kong go for gold in precious-metal trade
In the centre of a maximum-security storage facility sits one of the world’s biggest vaults for precious metals, emblematic both of Asian...
China drops Google antitrust probe during US trade talks
China is dropping an antitrust probe into Google, as Beijing and Washington step up negotiations over TikTok, Nvidia and trade at a time...
China blocks sale of Nvidia AI chips
Tech News Tube is a real time news feed of the latest technology news headlines.Follow all of the top tech sites in one place, on the web or your mobile device.
China blocks sale of Nvidia AI chips
China steps up efforts to boost semiconductor independence, compete with US. China’s Internet regulator has banned the country’s biggest technology companies from buying Nvidia’s artificial intelligence chips, as Beijing steps up efforts to boost its domestic industry and compete with the US.
China blocks sale of Nvidia AI chips
Flying cars crash into each other at Chinese air show Two flying cars crashed into each other at a rehearsal for an air show in China which was meant to be a showcase for the technology. The Xpeng AeroHT vehicles collided in mid-air, with one catching fire during landing, the company said in a statement to Reuters. The company said people at the scene …
China bans tech companies from buying Nvidia’s AI chips
China’s internet regulator has banned the country’s biggest technology companies from buying Nvidia’s artificial intelligence chips, as...
China rules that Nvidia violated its antitrust laws
Tech News Tube is a real time news feed of the latest technology news headlines.Follow all of the top tech sites in one place, on the web or your mobile device.
China says Nvidia violated antitrust law when it bought Mellanox
A Chinese regulator has found Nvidia violated the country’s antitrust law, in a preliminary finding against the world’s most valuable...
China detains banker son of ex-regulator facing corruption probe
Chinese authorities have detained a senior banker whose father, the country’s former top securities regulator, is also under...
Gigantes energéticos rusos acuden a China para recaudar fondos
Cheng Leng Hong Kong / 08.09.2025 01:45:32 Chinase prepara para reabrir su mercado nacional de bonos a las principales compañías rusas de energía, en un cambio de política que refleja cómo se profundizan los lazos diplomáticos y económicos entre Pekín y Moscú.
China paves way for renminbi fundraising by Russian energy giants
China is preparing to reopen its domestic bond market to major Russian energy companies, in a shift of policy that reflects deepening...
Chinese stocks slide the most in five months
Chinese stocks slid the most in five months on Thursday, a day after President Xi Jinping projected his nation’s global ambition with a...
China steps in to tame animal spirits as solar sector racks up billions in losses
China has ordered the solar sector to rein in overcapacity and cut-throat pricing as the biggest manufacturers suffer billions of dollars...
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