China’s Ministry of Public Security said on Friday that police in 2016 arrested 4,261 suspects in 1,886 cases related to infringement of personal information. Among the suspects, 391 were insiders in industries including banking, education, telecommunications, delivery services, the stock market and e-commerce, said the ministry.
Category: Tencent
China’s Great Rebalancing Has Gone Missing From Stock Market
It was supposed to be the face of new China — a stock market in the technology hub of Shenzhen designed to nurture future stars like Alibaba Group Holding Ltd. and Tencent Holdings Ltd. Yet the ChiNext market set up in 2009 is proving a dud, at least when measured against the old-economy heavy Shanghai Composite Index in recent months. That’s in face of economic data that show how the new growth drivers — consumption and services, where private companies dominate — are in good shape.