Bloomberg: Xi Jinping’s “common prosperity” makes investors uneasy, Chinese regulators meet with Wall Street executives to defend against technology companies
According to Bloomberg, China recently defends against technology companies and the “common prosperity” from Chinese President Xi Jinping makes global investors feel disturbed. Chinese regulators and Wall Street executives had a closed meeting on Thursday, which defending the recent suppression of multiple industries, claiming that its regulatory measures are not aimed at technology or private companies.
According to quoted resources from the report, Fang Xinghai, Vice Chairman of China Securities Regulatory Commission, Senior Officials of the People’s Bank of China, and financial companies such as Goldman Sachs, Citadel, and BlackRock, held a 3-hour closed-door meeting on Thursday.
During the meeting, Fang Xinghai stated the supervision from Chinese government to Chinese companies should not be interpreted as being decoupled from the US or international financial markets. He stated that, China recent measures are targeting at companies operating consumer platforms and strengthens the supervision to improve privacy safety and national security. For measures that are aiming at education training industries and gaming industries, it is aiming to reduce the concerns of society.
Source: Stand News #Sep19
https://bit.ly/3GRsUvQ
#Bloomberg #XiJinping #WallStreet #China #Technology #Supervision #Privacy #NationalSecurity #Education #GamingIndustries
According to Bloomberg, China recently defends against technology companies and the “common prosperity” from Chinese President Xi Jinping makes global investors feel disturbed. Chinese regulators and Wall Street executives had a closed meeting on Thursday, which defending the recent suppression of multiple industries, claiming that its regulatory measures are not aimed at technology or private companies.
According to quoted resources from the report, Fang Xinghai, Vice Chairman of China Securities Regulatory Commission, Senior Officials of the People’s Bank of China, and financial companies such as Goldman Sachs, Citadel, and BlackRock, held a 3-hour closed-door meeting on Thursday.
During the meeting, Fang Xinghai stated the supervision from Chinese government to Chinese companies should not be interpreted as being decoupled from the US or international financial markets. He stated that, China recent measures are targeting at companies operating consumer platforms and strengthens the supervision to improve privacy safety and national security. For measures that are aiming at education training industries and gaming industries, it is aiming to reduce the concerns of society.
Source: Stand News #Sep19
https://bit.ly/3GRsUvQ
#Bloomberg #XiJinping #WallStreet #China #Technology #Supervision #Privacy #NationalSecurity #Education #GamingIndustries
#University
HKUST president to step down a year early
#HKUST #WeiShyy #StwpDown #Education
Source: Citizen News, #Nov9
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HKUST president to step down a year early
#HKUST #WeiShyy #StwpDown #Education
Source: Citizen News, #Nov9
Read more
⬇️⬇️⬇️⬇️
#University
HKUST president to step down a year early
On November 9, 2021, the Hong Kong University of Science and Technology (#HKUST) announced that its president #WeiShyy will step down on October 19 next year, almost a year before his five-year term is due to end.
Shyy didn't explain why he was resigning.
The aerospace professor became head of HKUST in September 2018 and is the President with the shortest tenure.
During Anti-ELAB movement in 2019, #AlexChow, a HKUST student, who fell to his death in a car park after partaking a nearby pro-democracy protest.
When the news broke out on November 8, 2019, Shyy suspended an ongoing congregation immediately.
He was seen shedding and wiping away tears while asking participants of the ceremony to stand and observe a moment of silence.
On the same day, Shyy issued an open letter requesting Hong Kong authorities to conduct independent and thorough investigation into the cause of death of Alex Chow, saying the police force, in particular, should clarify why there was a delay in first aid assistance.
Shyy stated in the open letter, "If there is no satisfactory explanation, it will set off our indignation. "
Source: Citizen News, #Nov9
https://bit.ly/3bRu1h1
#ViceChancellor #Education #HKUST #WeiShyy #StwpDown
HKUST president to step down a year early
On November 9, 2021, the Hong Kong University of Science and Technology (#HKUST) announced that its president #WeiShyy will step down on October 19 next year, almost a year before his five-year term is due to end.
Shyy didn't explain why he was resigning.
The aerospace professor became head of HKUST in September 2018 and is the President with the shortest tenure.
During Anti-ELAB movement in 2019, #AlexChow, a HKUST student, who fell to his death in a car park after partaking a nearby pro-democracy protest.
When the news broke out on November 8, 2019, Shyy suspended an ongoing congregation immediately.
He was seen shedding and wiping away tears while asking participants of the ceremony to stand and observe a moment of silence.
On the same day, Shyy issued an open letter requesting Hong Kong authorities to conduct independent and thorough investigation into the cause of death of Alex Chow, saying the police force, in particular, should clarify why there was a delay in first aid assistance.
Shyy stated in the open letter, "If there is no satisfactory explanation, it will set off our indignation. "
Source: Citizen News, #Nov9
https://bit.ly/3bRu1h1
#ViceChancellor #Education #HKUST #WeiShyy #StwpDown
眾新聞
科大校長史維請辭 明年10月卸任 曾畢業禮落淚公布周梓樂死訊
香港科技大學宣佈,校長史維已向大學校董會請辭,將於明年10月19 日卸任。