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BIZARRE: 24 | Mind Blowing Facts

China's Lipstick King Austin Li was a rich influencer adored by Beijing officials. One mistake triggered his downfall

Austin Li was beloved by young shoppers and the Chinese Communist Party. But when he tried to sell an ice cream cake to millions of his followers, everything went wrong.

ABC News

University tells students they can pass their swimming test ONLINE due to Covid outbreak

One hilarious social media user clad himself in goggles and speedos before "swimming" on his bed after Shanghai Univeristy moved its practical swimming course online

Daily Mirror

China’s Wavering Position on Russia’s Invasion of Ukraine Threatens Its Legacy at Home and Abroad

Beijing’s official policy has remained ambiguously in support of the Russian cause, but against its consequences.

The News Lens

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Assault of women at restaurant in China leads to police crackdown as more victims of violence come forward

Officials in Tangshan launched anti-crime campaign "Thunderstorm" in response to the attack, after vision of the incident online triggered outrage on Chinese social media site Weibo.

ABC News

Chinese Canadian pop star Kris Wu faces rape charge in court

Chinese Canadian pop star Kris Wu has faced rape and other criminal charges at a closed trial as China was in uproar over a video showing a group of men physically assaulting four women in another city

The Independent UK

Chinese police arrest nine after vicious attack on female diners at restaurant in Hebei province

The treatment of women is in the spotlight in China following a group of men savagely attacking female diners, with footage of the incident going viral online.

ABC News

Chinese police arrest nine after women brutally attacked at restaurant

The attack has sparked a public outcry about the mistreatment of women in China

Evening Standard

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Footage of women's beating sparks outrage in China

Surveillance footage of men assaulting women at a restaurant in the northeastern city of Tangshan has unleashed a flood of outrage on Chinese social media, prompting state media calls for punishment and renewing a debate over the treatment of women.

Reuters

China's online "tank" cake snafu raises Tiananmen questions

An online snafu involving China’s most popular e-commerce livestreamer and a cake decorated to look like a tank has raised questions among some Chinese over the violent crackdown on pro-democracy protests in Beijing's Tiananmen Square on June 4, 1989

The Independent UK

Nike to end its Run Club app in China in the latest retreat by a US brand

The world's largest sportswear brand will be discontinuing its running app in China come July, in a move that follows other mega US brands exiting the Chinese market.

ABC News

Weibo: Q1 Earnings Insights

Weibo (NASDAQ:WB) reported its Q1 earnings results on Wednesday, June 1, 2022 at 05:00 AM. Here's what investors need to know about the announcement.

Benzinga

Weibo Shares Gain On Q1 Beat Aided By User Base, Traffic

Weibo Corp (NASDAQ:WB) reported first-quarter FY22 revenue growth of 6% year-on-year to $484.6 million, beating the consensus of $473.98 million. Revenue grew 3% Y/Y on a CC basis. Segments: Weibo's Advertising and marketing revenues rose 10% Y/Y to $427.1 million. Value-added service (VAS) revenues decreased 17% Y/Y to $57.5 million. Drivers: Monthly active users (MAUs)…

Benzinga

Weibo's Earnings: A Preview

Weibo (NASDAQ:WB) is set to give its latest quarterly earnings report on Wednesday, 2022-06-01. Here's what investors need to know before the announcement. Analysts estimate that Weibo will report an earnings per share (EPS) of $0.46.

Benzinga

Earnings Preview: Weibo

Weibo (NASDAQ:WB) is set to give its latest quarterly earnings report on Monday, 2022-05-30. Here's what investors need to know before the announcement. Analysts estimate that Weibo will report an earnings per share (EPS) of $0.46.

Benzinga

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Reuters

No work and nowhere to live: a rural migrant's ordeal in locked-down Shanghai

When Shanghai began its draconian COVID-19 lockdown two months ago, the French restaurant where Sun Wu waited tables closed and the 22-year-old, like countless other rural migrants, lost his job.

Benzinga

Xpeng CEO Uses Psyduck Pokemon to Vent Frustration Over Chip Shortage

U.S.-listed Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV) on Thursday used a Psyduck Pokemon toy as a prop to express his frustration over the ongoing chip shortages, CnEVpost

Benzinga

Chinese Social Media Weibo Bans Another Business Leader After He Questions China's Zero Covid Policy

Weibo Corp (NASDAQ:WB) banned Trip.Com Group Limited (NASDAQ:TCOM) co-founder and Chair James Liang for alleged violation of laws, Reuters reports. The social media company neither elaborated on the violation nor cited the reasons behind the ban. Liang had recently questioned the wisdom of the country's zero-COVID strategy as the country's Presidential election draws closer. Also…

The Independent UK

Five bizarre monkeypox conspiracy theories debunked

Misinformation on the new outbreak has already begun to spread on social media

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The Independent UK

Monkeypox outbreak: Bizarre theory accusing US of creating virus in lab goes viral on Chinese social media

Pro-Chinese Communist Party influencers have spread conspiracies about outbreak

Reuters

Shanghai makes way towards COVID lockdown exit, Beijing plays defence

Shanghai cautiously pushed ahead on Saturday with plans to restore part of its transport network in a major step towards exiting a weeks-long COVID-19 lockdown, while Beijing kept up its defences in an outbreak that has persisted for a month.

Benzinga

Analyst Ratings for Weibo

Within the last quarter, Weibo (NASDAQ:WB) has observed the following analyst ratings:

Reuters

Half of Shanghai achieves 'zero COVID'; city presses on with 'unsustainable' fight

China hit back on Wednesday against what it called "irresponsible" comments by the head of the World Health Organization, who described the country's uncompromising and increasingly painful "zero COVID" policy as "not sustainable."

The Guardian - UK

China’s pro-Russia propaganda exposed by online activists

Mistranslations falsely blame Ukrainians for atrocities perpetrated by Russian forces against civilians

Reuters

Chaos at Apple supplier Quanta shows strains of Shanghai COVID lockdown

Quanta Shanghai Manufacturing City would seem like an ideal site to implement China's "closed-loop" management system to prevent the spread of COVID that requires staff to live and work on-site in a secure bubble.

Reuters

China analyst leaves state-owned brokerage after bearish commentaries

Hong Hao, a managing director and head of research at Bank of Communications International Holdings Co (BoCom International), has left the brokerage, a spokesperson for the firm told Reuters on Wednesday.

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