Wency Chen

The move marks a retreat from Downing Street’s previous position.

China tech reporters don’t always play games, but the when they do, they occasionally prefer Chinese mobile games.

The company’s shares have fallen more than 60% since its peak in May 2018.

Among JOYY’s 520.1 million mobile monthly active users, 77% are from overseas markets.

The firm’s value has risen more than a third within two years.

The disposal of ByteDance’s stock will represent a gain of investment of around USD 66 million.

First introduced in China to curb the spread of coronavirus, the program checks for mask-wearing, vehicle disinfection, and drivers’ temperatures.

The proposed rules include a minimum of IPO fundraising and stricter accounting standards.