Yue Wang
Senior Contributor at Forbes
Forbes Asia writer. Previously @ TIME @Medill School of Journalism
Articles
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3 hours ago |
forbes.com | Yue Wang
Young entrepreneurs and scientists are using advanced technologies including AI to improve diagnostics and access to healthcare services.
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6 days ago |
forbes.com | Yue Wang
Chinese auto billionaire Eric Li’s decision to privatize the New York-listed electric vehicle brand Zeekr was cheered by investors, with Hong Kong-listed shares of the parent company, Geely Automobile, rallying as much as 6.7% Thursday morning. Geely, whose shares have risen 25% so far this year, announced its proposal to take Zeekr private in a stock exchange filing late Wednesday.
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1 week ago |
forbes.com | Yue Wang
China and the U.S. will hold talks in Switzerland beginning later this week to try to de-escalate trade tensions, although analysts say no major deal is likely from the initial meetings. The talks were announced in statements by both the Chinese and U.S. governments. According to the Treasury Department, U.S. Treasury Secretary Scott Bessent will visit Switzerland on May 8 and meet with representatives from China.
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2 weeks ago |
forbes.com | Yue Wang
Wang Ning, chairman and CEO of Chinese toy maker Pop Mart International Group, became $1.6 billion richer in a single day as the company’s surging popularity in the U.S. led its app to top download charts. The 38-year-old mogul now has a fortune of $16.1 billion, according to the Forbes Real Time Billionaires List. Wang, who derives his net worth from a company stake, saw Pop Mart’s Hong Kong-listed shares surge as much as 13.2% on Monday.
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3 weeks ago |
forbes.com | Yue Wang
Zhang Junjie, the 30-year-old founder of Chinese milk tea company Chagee Holdings, listed his firm on the Nasdaq Thursday amid a deepening trade war between China and the U.S. Shares rose 16% on the first day of trading despite the Donald Trump administration’s repeated threats to delist Chinese firms from American bourses. Chagee, which rallied as much as 50% from its initial public offering share price of $28 before some of the gains were pared, now has a market capitalization of $5.9 billion.
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Chinese Billionaire Eric Li To Delist Zeekr One Year After U.S. IPO via @forbes https://t.co/DzbYa6iWQW
The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments https://t.co/yFQHG1uubR
China, U.S. Officials To Start Trade Talks This Week, Lifting Markets via @forbes https://t.co/lWXuVs6ae8