China’s Crackdown on Big Tech

Companies considered to be “key software enterprises” have enjoyed preferential taxation for years, but this may soon change.

Cathay Innovation investment director Rajive Keshup and partner Nicolas du Cray share insights on their investment strategies for the rest of 2021.

Investors expect even tighter rules and a series of punishments for tech companies.

Probe into law firm handling deal comes as Beijing ramps up scrutiny on tech.

The State Council’s regulations to protect certain categories of data, spanning transportation to defense, will go live on September 1.

State agencies now hold 1% share and board seat at domestic unit.

The company said it will deepen collaboration with the broader Tencent ecosystem to enhance its promotional capabilities.

Banned from teaching academic subjects in the public curriculum, private education companies are looking for a niche in line with government ambitions.