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Golden Bull Posts H1 2019 Net Loss of USD 6.5 Mln
Golden Bull, 1/30/20
Golden Bull (Nasdaq: DNJR), which formerly operated an online peer-to-peer (P2P) lending platform in China that provided borrowers access to short-term loans, today announced its financial results for the six months ended June 30, 2019. Read More
Regulators Crack Down on Short Video Operators Bilibili, Miaopai
TechWeb, 7/27/18
Chinese regulators have conducted a cleanup operation targeting China's online short video industry, including bullet-screen video platform operator Bilibili Inc. (Nasdaq: BILI), Weibo's (Nasdaq: WB) official mobile short video recording and sharing app Miaopai, and 17 other online short video platforms. Read More
China to Strengthen Management of Online Live Broadcasting Services
The Beijing News, 7/24/18
A group of Chinese regulators is planning to release new rules aimed at strengthening management of online live broadcasting services. Read More
CCTV Expose Criticizes Today's Headlines for Illegal Medical Ads in Lower-tier Cities
TechWeb, 3/30/18
State broadcaster China Central Television recently aired an expose on a half hour economics program, accusing online and mobile news platform Today's Headlines of creating an advertising trap. Read More
China's SAIC to Strengthen Regulation of Online Advertising Industry
SAIC, 2/12/18
China's State Administration for Industry and Commerce (SAIC) has issued a notice that from April to October this year, a concentrated effort will be made to reform the following five types of false, illegal online advertising, particularly for online presences with significant social impact and wide coverage such as portal websites, search engines, e-commerce platforms, mobile clients, and new media accounts: 1. Read More
Update: Alibaba Launches 'City Brain 1.0' Smart City System Management Platform
China Securities Journal, 10/11/17
Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) has announced the launch of version 1.0 of its "City Brain" project for smart city system management following a year of testing in Hangzhou. Read More
China to Randomly Inspect Live Streaming Platforms for Illegal Content in 2017
MOC, 1/25/17
China's Ministry of Culture has announced plans to conduct random inspections of live streaming operators in 2017, with a focus on cracking down on performances including vulgar or obscene content. Read More
58.com to Prohibit Sales of Bikes Belonging to Bicycle Sharing Apps
Sina.com, 12/15/16
Bikes made available through mobile bicycle sharing apps "ofo" and "Mobike" have been appearing for sale by third parties on used goods classifieds platforms, with asking prices reaching up to RMB 2,000 per bike. Read More
WeChat Pay, Alipay Implement Transfer Limits
National Business Daily, 12/01/16
Chinese third-party payment processors Alipay and WeChat Pay have announced that beginning today, they will be limiting the number of online transfers an account can make on their platforms in accordance with regulations enacted today by the Chinese government. Read More
Alipay Introduces Stricter Terms of Use in Compliance with New PBoC Rules
Sina Tech, 12/01/16
Chinese third-party payment processor Alipay has announced the Notice on Safeguarding the Security of User Funds by Combating Telecommunication Fraud, a series of usage limitations introduced to comply with new regulations from the People's Bank of China that went into effect today. Read More
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