TikTok Deal

NEWS WRAP: China, U.S. reach framework deal on TikTok

The agreement is expected to resolve U.S. security concerns while ensuring the popular social media platform retains its ‘Chinese characteristics’    By Lee Shih Ta U.S. and Chinese officials said…
Butong gets set for IPO

BRIEF: Hesai jumps in Hong Kong trading debut

Shares of autonomous driving technology company  Hesai Group (2525.HK; HSAI.US) opened up 7.7% in their Hong Kong trading debut on Tuesday, and continued to rise during the morning to close up…

BRIEF: Sainsbury ends talks with JD.com on Argos sale

E-commerce giant JD.com Inc. (9618.HK, JD.US) has been actively seeking acquisitions of brick-and-mortar retailers in Europe, but that expansion suffered a setback with the collapse of a deal in the…