Illustration of apple's commission that may lead to an anti-trust probe

An Apple Anti-Trust Probe, and Hong Kong’s Second SPAC Merger

China is reportedly preparing to attack Apple on anti-trust grounds related to its app store operation. What's driving this probe? And steel trader ZG Group nears a Hong Kong listing through a SPAC merger, only the second since the city launched its SPAC program three years ago. Why has progress been so slow?
Huawei stages improbable comeback

Huawei rings up improbable comeback as revenue soars

The Shenzhen-based telecoms giant said its revenue rose 22% in 2024, showing that years of U.S. sanction have failed to contain its rise Key Takeaways: Huawei reported its second-highest annual…

CHINA BULLETIN: TikTok Goes to Washington

In this week’s issue TikTok testifies in Washington, China discovers mRNA vaccines, and also re-discovers Australian coal. On a scale of 1 to 10, we give the week a 4.5 for offshore-listed China stocks.

CHINA BULLETIN: Mixed Manufacturing Signals

After a rough few weeks, China stocks finally gave investors something to cheer about last week when most of the country was closed for the Oct. 1 National Day holiday. The Hang Seng China Enterprises Index rose 2.7% during the week, while the iShares MSCI China ETF rose by a smaller 1.3%, compared with a 3% rise for the broader Hang Seng Index.