Ethan Zhao
Senior Reporter
The Latest
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Ralph Lauren Awaits Turnaround Amid Investor Impatience
Stock Slide Continues Ralph Lauren's stock has dropped for the seventh consecutive day. As of August 14th, its share price dipped 0.32% to $121.07, even as the S&P 500 index rose by 0.58%. Despite the company's share price surging 10.96% since the beginning of the year and previously being among the best-performing U.S. stocks in June, the recent declines might be linked to the first quarter financial results for the fiscal year 2024 released on August 10. 
Stock Slide Continues Ralph Lauren's stock has dropped for the seventh consecutive day. As of August 14th, its share price dipped 0.32% to $121.07, even as the S&P 500 index rose by 0.58%. Despite the company's share price surging 10.96% since the beginning of the year and previously being among the best-performing U.S. stocks in June, the recent declines might be linked to the first quarter financial results for the fiscal year 2024 released on August 10. -
Tesla Ramps Up Efforts for Full Self-Driving Launch in China Amidst Fierce Competition
While tech giants like Huawei and Xpeng are fervently advancing in the autonomous driving space in China, Tesla isn't staying behind. 
While tech giants like Huawei and Xpeng are fervently advancing in the autonomous driving space in China, Tesla isn't staying behind. -
U.S. Tightens Restrictions on Chinese Investments; Allies UK and Australia Mull Similar Measures, Japan and South Korea Face Pressure
In October of the previous year, after the U.S. announced restrictions on the export of semiconductor manufacturing equipment to China, it had urged the Netherlands and Japan to follow suit. By the end of June and July this year, both countries had announced control measures for semiconductor equipment exports. 
In October of the previous year, after the U.S. announced restrictions on the export of semiconductor manufacturing equipment to China, it had urged the Netherlands and Japan to follow suit. By the end of June and July this year, both countries had announced control measures for semiconductor equipment exports. -
Youth Reading Habits in the UK Shaped by YouTube and TikTok
This week, the spotlight is on YouTube as Gen Z's primary book information channel, Hollywood screenwriters struggling financially after nearly 100 days of strike, and Google's global music preparations for AI song licensing. 
This week, the spotlight is on YouTube as Gen Z's primary book information channel, Hollywood screenwriters struggling financially after nearly 100 days of strike, and Google's global music preparations for AI song licensing. -
Japanese Beauty Brands Turn to E-Commerce for China Growth
Japanese beauty titans are finally giving e-commerce the attention it deserves. 
Japanese beauty titans are finally giving e-commerce the attention it deserves. -
Europe's Chip Boom: A Dance in the Semiconductor Ballroom
In 2023, the semiconductor world is buzzing. While Nvidia takes the spotlight as the premier reveler, European chip manufacturers are a close second. Fueled primarily by automotive chips and SiC, Europe's chipmakers are experiencing a financial windfall. Having tasted success, they now set their sights on even grander futures, positioning themselves across broader arenas. 
In 2023, the semiconductor world is buzzing. While Nvidia takes the spotlight as the premier reveler, European chip manufacturers are a close second. Fueled primarily by automotive chips and SiC, Europe's chipmakers are experiencing a financial windfall. Having tasted success, they now set their sights on even grander futures, positioning themselves across broader arenas. -
Evergrande Faces Massive Losses Amid Ongoing Liquidity Crisis
Late on August 10th, Evergrande Group Ltd. (referred to as "Evergrande" hereafter) issued several reports, including the 2022 bond annual and semi-annual reports, the 2021 bond annual report, as well as their annual audit reports for 2022 and 2021, and the semi-annual financial report for 2022. 
Late on August 10th, Evergrande Group Ltd. (referred to as "Evergrande" hereafter) issued several reports, including the 2022 bond annual and semi-annual reports, the 2021 bond annual report, as well as their annual audit reports for 2022 and 2021, and the semi-annual financial report for 2022. -
Chinese Classifieds Website 58.com's Reputation at Risk: Can Investigation of Resume Sales Salvage Its Credibility?
On August 10, in response to allegations that its subsidiary, Xinhua Yingcai, had been selling resumes, 58.com asserted that they were taking the matter seriously. They promptly established a special investigation team to examine the accusations, emphasizing their intolerance for such behavior. 
On August 10, in response to allegations that its subsidiary, Xinhua Yingcai, had been selling resumes, 58.com asserted that they were taking the matter seriously. They promptly established a special investigation team to examine the accusations, emphasizing their intolerance for such behavior. -
Country Garden Faces Major Losses, Unveils Four Rescue Measures
Late Thursday evening, on August 10, Country Garden issued a profit warning on the Hong Kong Stock Exchange. 
Late Thursday evening, on August 10, Country Garden issued a profit warning on the Hong Kong Stock Exchange. -
Unmasking Medical Corruption in China: How Deep Does it Run?
However, the pressing concern remains: while many describe the Chinese medical sector as "deeply corrupt," there's little clarity on the extent or nature of this corruption. How can a problem be addressed if its depth and nuances are not fully understood? 
However, the pressing concern remains: while many describe the Chinese medical sector as "deeply corrupt," there's little clarity on the extent or nature of this corruption. How can a problem be addressed if its depth and nuances are not fully understood?
