Evergrande founder sells almost 10% stake amid debt crunch

Uncategorized 12/04/21, 07:02

China Evergrande founder Hui Ka Yan sold his 1.2 billion Evergrande shares on November 25th, raising 2.7 billion $HK - about 0.35 billion USD. Hui Ka Yan's share ownership has fallen from 70,97% to 61,88%.  Reuters reported that Hui Ka Yan's wife Ding Yumei holds about 792 million shares of Evergrande ...

Chinese regime website attacked by Anonymous

Tech 10/07/21, 03:07

The renowned Anonymous hacker group has launched consecutive attacks on the Chinese Communist Party (CCP) official websites over the past week. The hacktivist group first targeted the Chinese Cultural Center, a Chinese government tourism promotion website, last Thursday, Sept. 30. The group uploaded 10 links to pages that promote Taiwan independence, ...

Website honoring Tiananmen victims censored in Hong Kong

World 10/01/21, 18:15

An online museum that keeps the memories of the Tiananmen Square victims alive has accused Hong Kong officials of trying to cancel it. The museum has been inaccessible to Hongkongers in the city since Thursday, per Reuters. In a statement, the museum said the culprit behind the blockage was trying to "erase historical memory." The museum ...

University lobbies wants to pull ‘unethical’ artificial intelligence study

Australia & Oceania 09/19/21, 22:40

Technical facial recognition research should be retracted for ethical reasons, a higher education provider said. A study, partly funded by the Chinese government and a former Curtin University professor, has drawn fierce criticism for adopting immoral practises. The Western Australian education provider claims it discovered multiple ethical violations regarding informed consent and ...

Human rights groups urge broadcasters to drop coverage of Beijing Olympics

U.S. 09/08/21, 15:33

Human rights groups are calling for global broadcasters, including those in the U.S., to drop their intentions to cover the 2022 Beijing Olympics. The major sports event is alleged to have the intention of helping the Chinese government to restore its international image among other gains, which had been tainted with ...

House GOP report points to Chinese lab as source of COVID-19

World 08/03/21, 05:39

A study released by the House Republicans on Monday, Aug. 2, concludes that the coronavirus that caused the COVID-19 pandemic leaked from the Wuhan lab in China. The Republicans on the House Foreign Affairs Committee, led by Rep. Michael McCaul (R-Texas), released their report of the investigation into the origins of ...

China sentences outspoken billionaire Sun Dawu to 18 years in prison

Politics 07/29/21, 15:08

A prominent Chinese billionaire has been sentenced to 18 years in prison in China on Wednesday, July 28, the latest in a series of sentences handed down to outspoken business leaders. Billionaire Sun Dawu runs one of the country's largest private agricultural businesses in the northern province of Hebei, China. His Hebei ...

Chinese Communist Party close to invading Taiwan, US admiral says

U.S. 03/24/21, 11:19

U.S. Admiral John Aquilino, while testifying before the Senate Armed Services Committee on Tuesday, March 23, warned that Taiwan faces an imminent threat of invasion by the communist Chinese regime even sooner than imagined by the international community.  Aquilino has been nominated to become commander of the U.S. Indo-Pacific Command (INDOPACOM), ...

Rep. Jim Banks introduces bills to counter CCP aggression

U.S. 02/19/21, 12:35

Rep. Jim Banks (R-Ind.), member of the Armed Services Committee, on Thursday, Feb. 18, introduced five pieces of legislation to counter the Chinese Communist Party (CCP), which he said is the U.S.'s foremost enemy. “The greatest threat to American freedom and justice is the Chinese Communist Party, which is why I’m ...

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