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

  • Middle East Tensions Rise: A New Era or Just a Storm in a Teapot?
    Jerusalem
    Saudi-Israeli Relations on the Horizon Amidst Palestinian-Israeli Clashes
  • Pro-Russian Party Triumphs in Slovakia: What Does It Mean for European Aid to Ukraine?
    former Prime Minister Robert Fico
    As the European Union enters its election season, Western support for Ukraine faces challenges. Ukraine's three eastern neighbors-Slovakia, Poland, and Hungary-are grappling with mounting pressures against aiding Ukraine.
  • Evergrande Saga Deepens: Chairman Hui Ka Yan Investigated Over Offshore Transfers
    China tells Evergrande to avoid dollar bond defaults, Bloomberg reports
    In a recent development that has sent shockwaves through the financial world, Hui Ka Yan, the chairman of China's debt-laden property giant Evergrande Group, is under investigation by Chinese authorities. The probe is centered around suspicions that Hui attempted to transfer assets offshore while the company was mired in a quagmire of unfinished projects.
  • Hui Ka Yan's 'Spouse' Holds Canadian Passport, Son Deeply Involved in Evergrande Affairs
    China tells Evergrande to avoid dollar bond defaults, Bloomberg reports
    On September 28, Hui Ka Yan, chairman of China Evergrande's board of directors, was taken into custody for alleged illegal activities. Due to prior speculations of a "technical divorce", there are concerns in the market about whether his "spouse" Ding Yumei has distanced herself from Hui's assets.
  • Chinese Billionaire Hui Ka Yan and His Son, Along with Several Evergrande Executives, Under Investigation - Insider
    China Evergrande
    Rumors of Hui Ka Yan's detainment had been circulating within Evergrande for some time. "We're not sure if he's being investigated or just assisting with one," said an insider.
  • End of an Era: China's Real Estate Tycoon Hui Ka Yan Faces His Downfall
    End of an Era: China's Real Estate Tycoon Hui Ka Yan Faces His Downfall
    Following Evergrande's deepening debt crisis, the fate of Hui Ka Yan, often referred to as the "Chinese real estate magnate," has taken a dramatic turn.
  • China Evergrande Crisis Deepens: Creditors Mull Legal Action Amid Missed Payments
    China Evergrande's electric car unit's shares tumble 26% after warning
    China Evergrande Group, the beleaguered property giant, is facing intensified scrutiny and potential legal challenges as its financial woes deepen. A significant faction of offshore creditors is contemplating joining a winding-up court petition against the developer if it fails to present a new debt restructuring plan by next month, according to sources familiar with the matter. This move comes as concerns grow over the company's ability to meet its financial obligations and the broader implications for China's real estate sector and global markets.
  • ChatGPT Levels Up: Now Speaks and Recognizes Images, Edging Closer to the 'Super Assistant' Dream
    China's Payment Association Cautions Against AI Tools like ChatGPT Due to Data Leak Risks
    OpenAI's ChatGPT is evolving - it's now equipped to speak and "see."
  • NVIDIA's $50 Billion GPU Ambition: Can the AI Industry Reap $200 Billion in Returns?
    Nvidia
    From a profit perspective, the generative AI trend that has been hot since the beginning of the year has one clear winner: NVIDIA.
  • Apple's 5G Ambitions Stymied: Why Qualcomm Still Holds the Cards
    CHINESE TECH
    Apple has long sought to develop its own 5G baseband chips to reduce its reliance on Qualcomm. However, the launch of the iPhone 15 series has underscored that Apple still grapples with Qualcomm's dominant position in the 5G chip market.
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