Ethan Zhao

Ethan Zhao
Senior Reporter
Ethan Zhao is a features reporter at Business Times specializing in company, technology and in-depth. For news tips and feedback, please contact: ethanz@businesstimes.cn

The Latest

  • Hong Kong's New Security Law Sparks Concerns Over City's Future as Global Financial Hub
    FLAG-RAISING
    Hong Kong's passage of the controversial Article 23 security law has drawn sharp criticism from foreign governments, rights groups, and business leaders, who warn that the legislation could erode the city's status as a global financial hub and further undermine civil liberties.
  • China Launches Queqiao-2 Relay Satellite to Support Ambitious Lunar Exploration Program
    China Launches Queqiao-2 Relay Satellite to Support Ambitious Lunar Exploration Program
    China has taken a significant step forward in its long-term lunar exploration program with the successful launch of the Queqiao-2 satellite on Wednesday. The 1.2-metric ton spacecraft, named after a mythological bridge made of magpies, will serve as a crucial communications link between ground operations on Earth and upcoming missions to the far side of the moon.
  • Hong Kong Legislature Unanimously Passes Sweeping New National Security Law
    Police officers fold Chinese and Hong Kong flags at a flag-lowering ceremony on the Golden Bauhinia Square in Hong Kong, China March 30, 2021.
    Hong Kong's legislature has unanimously passed a sweeping new national security law, known as Article 23, which critics and analysts warn will align the city's security laws more closely with those used on the Chinese mainland and deepen an ongoing crackdown on dissent.
  • Ant Group Appoints Han Xinyi as President in Major Organizational Reshuffle
    Ant Group
    China's Ant Group, the financial technology giant founded by Jack Ma, is undergoing a significant organizational reshuffle, the biggest since its regulatory revamp last year. According to an internal email from Ant CEO and chairman Eric Jing, Han Xinyi will become the new president of the company, and several key business units will set up their own boards of directors to operate more independently.
  • China Evergrande's Flagship Unit Accused of Inflating Revenue by $78 Billion, Founder Hui Ka Yan Banned for Life
    HSBC, StanChart may face secondary shockwaves from Evergrande crisis - analysts
    China Evergrande Group founder Hui Ka Yan has been barred from the securities market for life and fined 47 million yuan ($6.53 million) after the China Securities Regulatory Commission (CSRC) accused the group's flagship unit, Hengda Real Estate, of inflating results, engaging in securities fraud, and failing to make timely disclosures.
  • Hong Kong Court Sentences 12 for 2019 Legislature Storming Amid Pro-Democracy Protests
    Hong Kong
    A local court has handed down prison sentences to 12 individuals involved in the 2019 storming of the city's legislative council.
  • United Airlines Boeing 737 Loses External Panel Mid-Flight, Lands Safely in Medford, Oregon
    UNITED AIR
    A United Airlines Boeing 737-800 lost an external panel mid-flight on Friday, the latest in a series of incidents involving Boeing aircraft. The plane, carrying 139 passengers and 6 crew members, landed safely at its intended destination, Rogue Valley International-Medford Airport, about 70 minutes after departing from San Francisco International Airport.
  • House Passes Bill Paving Way for TikTok Ban, Fight Shifts to Senate Amid Uncertain Future
    NOT SO FAST
    In a resounding 352-65 vote, the House of Representatives approved a bill on Wednesday that could effectively ban the popular social video app TikTok in the United States unless its Chinese parent company, ByteDance, divests the platform.
  • Country Garden Faces Financial Strain, Misses Bond Coupon Payment Amid China's Housing Slump
    CHINA REAL ESTATE
    Country Garden Holdings Co., a significant player in China's real estate industry, is grappling with severe financial difficulties, underscored by its failure to fulfill a coupon payment on a yuan-denominated bond.
  • China Warns US TikTok Ban Would Be 'Act of Bullying' and Backfire on America
    Tiktok
    China has described a potential TikTok ban in the United States as "an act of bullying" that would ultimately backfire on America, just hours before the House of Representatives is set to vote on legislation that would force the popular short video app's Chinese owner ByteDance to sell the company or face being barred in the US.
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