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Chip fund chief Ding Wenwu is suspected of serious violations of the law, according to the Central Commission for Discipline Inspection
"We cannot and should not legitimise the use of an app which has been described by tech experts as `essentially Chinese Government spyware,`" said a letter by six politicians.
The planned stake purchase in French firm Ubisoft would be Tencent's latest major foreign deal since a regulatory crackdown in late 2020
Trading in the Hong Kong digital bank's stock, which was regularly noted on Reddit's WallStreetBets this week, has seen its market cap pass Goldman Sachs since listing last month
"This hack is a retaliation of the attacks on the Taiwan presidential website," said the post, with photos of Pelosi and Taiwan President Tsai Ing-Wen posted on the website.
YMTC's new chip marks a breakthrough for the company and helps it close the gap on rivals including the US's Micron and South Korea's SK Hynix.
The Hong Kong company, which provides loans and services to startups, briefly surpassed the value of Facebook-owner Meta
Experts say there could be major impacts, such as price surges, if Washington limits shipments of US chipmaking equipment to memory chip producers in China
Video games designer is in talks to spin off its China unit amid concern over foreign data storage and interest in expanding to the metaverse
Taiwan is home to the world's biggest semiconductors manufacturer, TSMC, and its shares closed down on Tuesday along with those of chip firms in the US and Germany
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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