China tech bosses hail Beijings guidance after year of regulatory storm

10:00am, Thursday, 10'th Feb 2022 South China Morning Post
Bosses of major Chinese tech companies, including Tencent Holdings Pony Ma Huateng and Alibaba Group Holdings Daniel Zhang Yong, applauded Beijings latest tech policy guidelines delivered at a symposium last month, the Cyberspace Administration of China (CAC) announced on Thursday.Ma, founder and chief executive of social media and gaming giant Tencent, conducted a study session of the ideas shared in the symposium, which was organised to promote the healthy and sustainable development of
Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Thursday, while the benchmark Hang Seng Index drifted into negative territory. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV ) +2.1% Alibaba Group Holding Limited (NYSE: BABA ) +1.3% Baidu Inc. (NASDAQ: BIDU ) +0.8% Li Auto Inc. (NASDAQ: LI ) -1.9% Tencent Holdings Limited (OTC: TCEHY ) -1.2% JD.com Inc . (NASDAQ: JD ) -0.2% Alibabas shares extended gains from the previous session after significant losses recorded earlier in the week were seen as overdone. Alibaba-backed video platform Bilibili Inc . (NASDAQ: BILI ) is looking to hire 1,000 new content moderators and closely monitor the health of Full story available on Benzinga.com

UN approves NFT standards initiative led by Tencent

05:37am, Thursday, 10'th Feb 2022 Coin Telegraph
Chinese entertainment giant Tencent will be collaborating on the project with a number of others, including Alibaba subsidiary Ant Group.
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A project on the technical framework for non-fungible tokens (NFTs) led by Tencent Holdings, with the involvement of Ant Group and others, has been approved by a United Nations specialised agency, which the company says makes it the world’s first UN-approved standards project on the digital tokens.The project, called “technical framework for distributed ledger technology (DLT)-based digital collection services”, has been approved by the International Telecommunication Union, the UN agency for…
Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index firmly into positive territory. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV ) +8.3% Alibaba Group Holding Limited (NYSE: BABA ) +6.0% Baidu Inc. (NASDAQ: BIDU ) +5.0% JD.com Inc . (NASDAQ: JD ) +4.3% Li Auto Inc. (NASDAQ: LI ) +2.8% Tencent Holdings Limited (OTC: TCEHY ) +1.8% Why Is It Moving? Shares of Alibaba and other tech companies rebounded after two days of losses that were seen as overdone. Alibabas shares had fallen in the previous two sessions amid worries about the Chinese e-commerce giants plan to Full story available on Benzinga.com
Streaming platform Tencent has now restored most of the cut scenes, with about one minute of mostly sex scenes between Brad Pitt and Helena Bonham Carter still missing.

Fight Club No Longer Ends with Whimper in China After Backlash

04:39pm, Tuesday, 08'th Feb 2022 The Epoch Times
Finally, Chinese people can watch the original ending of David Finchers 1999 cult classic movie Fight Club on Chinas Tencent streaming platform. Last month, Tencent released the Chinese version of the movie on its platform. However, audiences found out that about 11 of the movies 12-minute ending were cut, and the movie ended with a []

China, Hong Kong Stocks Take Body Blow

01:08pm, Tuesday, 08'th Feb 2022 Baystreet Canada
Shares in Asia-Pacific were mixed on Tuesday, with Chinese stocks among the biggest losers regionally. In Japan, the Nikkei 225 recovered 35.65 points, or 0.1%, to 27,284.52. Shares of conglomerate SoftBank Group slipped 0.9%, with the firm announcing plans to take Arm public after a planned sale of the subsidiary to Nvidia collapsed due to “significant regulatory challenges.” The Japanese yen traded at 115.50 per U.S. dollar, weakening after trading close to 115 against the greenback earlier. In Hong Kong, the Hang Seng Index plummeted 250.06 points, or 1%, to 24,329.49, with Chinese tech stocks in the city dropping. Alibaba plunged 2.3% and Tencent declined 1.4% while Meituan slipped 2%. The Australian dollar was at $0.712 after yesterday’s climb from below $0.708. CHINA In Shanghai, the CSI 300 lost 25.32 points, or 0.6%, to 4,608.77 Market sentiment on China stocks may have taken a hit after the U.S. Commerce Department said Monday it had added 33 Chinese entities to a red-flag export list.

Apex Legends Is Now Available On Android In Select Regions

08:55am, Tuesday, 08'th Feb 2022 CNN-News18
Apex Legends Mobile is being developed in-house by Respawn Entertainment. However, the studio is getting assistance from Chinese company Tencent.
In a rare reversal of censorship, Chinese tech company Tencent has restored the original ending of the 1999 cult film Fight Club. The sudden turnaround comes after intense backlash from Chinese netizens who were familiar with the movies plot and significant negative publicity about the change in international media. But of course, they cut out the nudity, keeping in line with censorship norms in Asia. Last month Tencent Video streamed a censored version of he movie that replaced the original ending with a message saying disaster was avoided and surprise, surprise the police had saved the day. Read [] The story Chinas Tencent restores original Fight Club film ending, cuts nudity as seen on Thaiger News .
The original ending of Fight Club has been restored by Chinese streaming giant Tencent after they had replaced it with an onscreen message explaining that the authorities won the day
Chinese ''Fight Club'' No Longer Ends In Arrests Following Backlash A Chinese streaming video service has quietly restored Fight Club to its original glory, after an edited version which cut out the film''s explosive ending received harsh criticism from fans. Users of Tencent Holdings video-streaming service can once again watch Edward Norton holding hands with Helena Bonham Carter as Project Mayhem culminates in a symphony of explosions, according to the Hollywood Reporter . Finchers original film, which stars Brad Pitt, Edward Norton and Helena Bonham Carter, ends with the narrator (Norton) killing off his imaginary alter ego, Tyler Durden (Pitt), and then watching as buildings explode across a city skyline, suggesting that his anarchist crusade to take down consumerist society has begun. Tencent sparked outrage and ridicule after replacing the explosion scene with a note at the end which said that police prevented the explosions, arrested Norton''s character, and sent him to a lunatic asylum until his release in 2012. "The police rapidly figured out the whole plan and arrested all criminals, successfully preventing the bomb from exploding.
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WORLD: Chinas Tencent restores Fight Club ending after backlash

03:52pm, Monday, 07'th Feb 2022 Barbados Today
SOURCE: BBC NEWS Chinese streaming giant Tencent has reinstated the original ending of a Hollywood movie after a censored version last month sparked backlash. The original ending to the 1999 film Fight Club, starring Brad Pitt, shows scenes of explosions and relentless fighting. But Chinas version simply showed a message on the screen saying [] The post WORLD: Chinas Tencent restores Fight Club ending after backlash appeared first on Barbados Today .
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