Tue, 21-Oct-2025

SEC warns 80 more Chinese companies of impending U.S. delisting

The U.S. Securities and Exchange Commission added over 80 companies to its list of entities facing possible expulsion from American exchanges, including China’s JD.com, Pinduoduo, Bilibili and NetEase. The SEC on Wednesday expanded the list, consisting of U.S.-listed Chinese entities, on a provisional lineup under a 2020 law known as The Holding Foreign Companies Accountable … Read more

Former Google employee becomes China’s second richest person

Former Google employee becomes China's second richest person

A former Google employee Colin Huang has been declared as the second richest person in China. His e-commerce business, Pinduoduo faced an increase in sales. According to the international news website Forbes, Colin Huang has defeated Tencent’s Pony Ma in the ranking of top richest persons. Alibaba’s Jack Ma remains first. Forbes had valued Colin … Read more