Trump to Ban Any US Transactions with Tencent and ByteDance
The messaging service app WeChat owned by Tencent and the popular short-video-sharing app TikTok owned by ByteDance will both be banned in 45 days. The US government cited national security issues when announcing restrictions on two popular Chinese social media apps.
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Consumer Staples, Financials, Consumer Discretionary
Is the U.S. TikTok the biggest opportunity for going global in 2024?
TikTok, a short-video social platform under ByteDance, made its debut in May 2017 and has since become a global phenomenon with over 1 billion active users worldwide.
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· Financials
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The second batch of homesteads sold intensively in Shanghai this year began to trade 32 plots from July 25, reducing the quantity and improving the quality
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· Automotive
According to the German business daily, Mercedes Benz will stop manufacturing class a cars around 2025.
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· Communication
Tencent QQ responded to large-scale account theft: the affected area has been controlled and criminal evidence of Mafia gangs is being collected
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· Consumer Staples
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