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Welcome back dear readers to your China Digest. ByteDance's Tiktok sale saga continues, as on Friday, the Chinese government updated its list of technologies that are prohibited and restricted for export, including “personalized content-recommend technology based on data analysis,” which could complicate the sale of TikTok to a US firm. In other news, the Shenzhen Stock Market will now allow dual-class shares, designed to give some shareholders more voting power than others, which may encourage Chinese companies to list in domestic stock markets. In our feature story, know more about Chinese logistics firm Best's expansion model in Southeast Asia, and learn about the top five Chinese online platforms online platforms for sports lovers. Also, check our infographic story about Ant Group, which filed this week to list its shares in Hong Kong and on Shanghai's Star Market, in what is set to be the world’s biggest IPO. As always, stay up to date with KrASIA.   
— By     Simone Martin 


China’s new restrictions on tech exports could hit more than TikTok

As Chinese brands go global, regulations at home and abroad may impede their operations.


The new measures are partly a response to the company’s controversial workplace culture.

Shenzhen follows Hong Kong and Shanghai in allowing tech companies to implement a dual-share structure.

Alibaba will be the biggest shareholder of the beauty service provider after the deal.



Alibaba-backed Best is trying to balance fast growth with dreams of profitability.


Sports in China have seen skyrocketing online viewership, creating new opportunities for digital giants to woo fans and turn them into customers.

By 2025, the country’s e-commerce sector is projected to generate 41.3 million tonnes of plastic waste, but efforts are being made.
Pearl Mountain seeks a slice of a global video editing software market that is expected to hit USD 1.1 billion by 2025.

What is it like to be a social media KOL in China?
Millennials are flocking to the career of social media KOL in China, but it could be a harder job than most people think.
Ant Group to launch what could be the worlds’ biggest IPO soon
The firm has greater ambitions than just being the operator behind payment platform Alipay.

Video Exclusive   |   4 mins watch


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September to October 2020

Singapore x Asia Innovation Partnership Forum 2020

KrASIA and EDB is proud to present: Singapore x Asia Innovation Partnership Forum 2020: Opportunities and Challenges of Southeast Asia's New Economy. This virtual event aims to facilitate robust discussions on SEA's tech and innovation ecosystems, uncovering the opportunities for companies to grow and scale globally, and how cross-border partnerships play a role for such growth.
There are 3 industry focuses: Smart City (September 3), FinTech (September 23) and Deep Tech (October 22); all session run from 2:00pm - 4:40pm SGT. We're excited to have guests speakers from Alibaba, Grab Financial, CapitaLand, Visenze, Sea Group, Wavemaker Partners, Quest Ventures, Qiming Capital and more!
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