Chris Liu
The Latest
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China Evergrande's New Equity Offer Draws Bondholders' Doubts Amid Debt Challenge
China Evergrande's latest attempt to address its mounting debt crisis involves a proposal for offshore bondholders: convert their debt into nearly a 30% equity stake in each of the developer's two Hong Kong-listed subsidiaries. However, the embattled property firm's proposition is meeting skepticism, as it grapples to prevent a potential liquidation. China Evergrande's latest attempt to address its mounting debt crisis involves a proposal for offshore bondholders: convert their debt into nearly a 30% equity stake in each of the developer's two Hong Kong-listed subsidiaries. However, the embattled property firm's proposition is meeting skepticism, as it grapples to prevent a potential liquidation. -
Apple Unveils New MacBook Pro with M3 Chips, Promising Record Battery Life
Apple, the tech giant known for its groundbreaking innovations, has once again made headlines with the announcement of its new MacBook Pro models powered by the 3-nanometer M3 chips. This latest development promises not only a significant boost in performance but also the "longest battery life ever in a Mac," according to Apple's official statement. Apple, the tech giant known for its groundbreaking innovations, has once again made headlines with the announcement of its new MacBook Pro models powered by the 3-nanometer M3 chips. This latest development promises not only a significant boost in performance but also the "longest battery life ever in a Mac," according to Apple's official statement. -
X Rings in Change: New Audio and Video Calls
In a move that has taken many by surprise, X, formerly known as Twitter, has introduced audio and video calling features to its platform. This ambitious step is part of the company's broader strategy to transform X into a "super app." The latest update, now available on the App Store, brings this feature to the forefront, allowing users to make and receive calls directly through the X app. In a move that has taken many by surprise, X, formerly known as Twitter, has introduced audio and video calling features to its platform. This ambitious step is part of the company's broader strategy to transform X into a "super app." The latest update, now available on the App Store, brings this feature to the forefront, allowing users to make and receive calls directly through the X app. -
Apple's iPhone 15 Prices Plummet in China, Prompting Concern
Apple, having established its presence in China for years, seems to be facing an unprecedented challenge. On October 23, the drastic price drop of the iPhone 15 series became a trending topic on Weibo. Apple, having established its presence in China for years, seems to be facing an unprecedented challenge. On October 23, the drastic price drop of the iPhone 15 series became a trending topic on Weibo. -
Apple's 'Scary Fast' Event: Anticipation Builds for New M3 Chip and Macs
Apple, the tech behemoth known for its innovative products and groundbreaking announcements, has once again captured the attention of the tech world. The company recently sent out invitations for its "Scary Fast" virtual event, scheduled for October 30. With the event's intriguing tagline and its proximity to Halloween, speculation is rife about what Apple might unveil. Apple, the tech behemoth known for its innovative products and groundbreaking announcements, has once again captured the attention of the tech world. The company recently sent out invitations for its "Scary Fast" virtual event, scheduled for October 30. With the event's intriguing tagline and its proximity to Halloween, speculation is rife about what Apple might unveil. -
Foxconn Responds to Tax Investigation; Industrial Fortune Union Shares Plunge
Following a report by the "Global Times" on October 22nd that relevant departments were conducting tax audits and land use investigations into Foxconn's subsidiaries, Foxconn Group (also known as "Hon Hai Technology Group") responded on its official website on October 23rd. The company emphasized its commitment to legal and regulatory compliance worldwide and pledged to cooperate fully with the relevant authorities. Following a report by the "Global Times" on October 22nd that relevant departments were conducting tax audits and land use investigations into Foxconn's subsidiaries, Foxconn Group (also known as "Hon Hai Technology Group") responded on its official website on October 23rd. The company emphasized its commitment to legal and regulatory compliance worldwide and pledged to cooperate fully with the relevant authorities. -
Apple's Next Big Move: Generative AI Integration into iPhone and iPad by 2024
On October 20, reports emerged that Jeff Pu, an analyst at Haitong International Securities, believes Apple plans to integrate generative AI technology into the iPhone and iPad by the end of 2024 at the earliest. On October 20, reports emerged that Jeff Pu, an analyst at Haitong International Securities, believes Apple plans to integrate generative AI technology into the iPhone and iPad by the end of 2024 at the earliest. -
China Evergrande Reworks Debt Restructuring Amid Mounting Challenges
China Evergrande Group, the beleaguered property giant ensnared in a massive debt crisis, is in the process of amending terms of its previously proposed $20 billion offshore debt restructuring deal. The move comes in response to evolving circumstances for the firm and the demands of its creditors, according to a disclosure on Friday. China Evergrande Group, the beleaguered property giant ensnared in a massive debt crisis, is in the process of amending terms of its previously proposed $20 billion offshore debt restructuring deal. The move comes in response to evolving circumstances for the firm and the demands of its creditors, according to a disclosure on Friday. -
Shein's Balancing Act: Addressing Labor, Environmental, and Copyright Challenges Ahead of Potential U.S. IPO
Shein, a digitally native retailer, has emerged as a formidable player. With its roots in China and now headquartered in Singapore, the company's ambitions to go public in the U.S. have been met with both anticipation and skepticism. Shein, a digitally native retailer, has emerged as a formidable player. With its roots in China and now headquartered in Singapore, the company's ambitions to go public in the U.S. have been met with both anticipation and skepticism. -
BYD's Financial Triumph: Q3 Net Profit Set to Double Amid NEV Sales Surge
China's electric vehicle behemoth, BYD, has projected its net profit for the third quarter to skyrocket, potentially doubling from the previous year. This announcement has sent ripples across the automotive and financial sectors, underscoring China's burgeoning dominance in the new energy vehicle (NEV) market. China's electric vehicle behemoth, BYD, has projected its net profit for the third quarter to skyrocket, potentially doubling from the previous year. This announcement has sent ripples across the automotive and financial sectors, underscoring China's burgeoning dominance in the new energy vehicle (NEV) market.