As the global semiconductor shortage drags on, smugglers are getting creative. The South China Morning Post reported that Chinese customs recently seized more than 300 Intel PC chips from two different drivers trying to enter Mainland China via the Hong Kong-Zhuhai-Macau Bridge. One of the drivers had more than 250 Intel chips taped to his chest and calves, according to the report. The...
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The Briefing Asia Markets
Covid’s Tech Stars Twinkle Again—at Least Today
Life in our pandemic-dominated world increasingly feels like one of those scary TV series where just when you think the monster has been vanquished, you realize it’s still alive. Today’s big market sell-off on news of the new Covid-19 variant in South Africa—dubbed Omicron by the World Health Organization—is a good reminder of how vulnerable the market is to another flareup of the virus....
Tech Stocks Fall as New Covid Variant Leads to Market Sell-Off
Quarterly Results From Meituan and Pinduoduo Highlight Challenges for China Tech
China’s Government Asks Didi Global to Devise Plan to Delist From U.S.
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