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Foster Wong

Foster Wong

Journalist at Bloomberg

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Email address
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Influence score
64
Phone
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Location
United States
Languages
  • English
Covering topics
  • Technology

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Recent Articles

bloomberg.com

Nvidia Challenger Moore Warns Trading Risks After Stock Frenzy

Moore Threads Technology Co. shares slumped as much as 19% Friday, after the Chinese artificial intelligence chipmaker warned investors about elevated trading risks following huge gains.
bloomberg.com

Japan Asks China to Temper Taiwan Row Response After Travel Move

China urged its citizens to avoid traveling to Japan in the near term, escalating a conflict over comments from Prime Minister Sanae Takaichi suggesting potential intervention in the event of a military conflict over Taiwan.
bloomberg.com

China Formalizes Rare Earth Curbs Suspension After Trade Truce

China suspended its sweeping controls on its exports of rare earths and other critical materials until November 2026 as part of its trade truce with the US.
bloomberg.com

China Streamlines Foreign Investor Rules to Lure Long-Term Funds

China’s market watchdog rolled out a plan to simplify rules for its overseas institutional investors program to attract more long-term funds into the country’s capital markets.
bloomberg.com

China Gathers Foreign Firms in Bid to Reassure on Rare Earths

China convened an unusually large meeting with foreign businesses in an effort to reassure them that its new rare earth export controls aren’t meant to restrict normal trade — evidence policymakers are trying to calm a backlash over the move.
bloomberg.com

China Says Dutch Nexperia Seizure Places Supply Chain at Risk

China’s Commerce Minister warned that the Dutch state’s move to take control of Chinese-owned chipmaker Nexperia has “seriously affected” the stability of the global supply chain.
bloomberg.com

Beijing Lays Out ‘Must-Nots’ for Top US Diplomat in Hong Kong

Beijing warned the top US envoy in Hong Kong against interfering in the country’s internal affairs, days after she reportedly invited pro-democracy former politicians to her inaugural receptions.
bloomberg.com

China Opens Digital Yuan Hub in Shanghai to Boost Global Use

China’s central bank has opened a digital yuan operations center in Shanghai featuring platforms for cross-border payments, blockchain technology and digital assets, marking another step in the country’s push for global adoption of its currency.
bloomberg.com

China Eases Cross-Border Financing Rules to Lure Foreign Capital

China’s foreign exchange regulator has unveiled measures to streamline the country’s cross-border investment and financing rules in the latest push to deepen market reform and attract overseas capital.
bloomberg.com

China Hits US Optical-Fiber Imports With Anti-Dumping Tariffs

China started imposing levies on additional US optical fiber imports after a six-month investigation found that American companies circumvented the country’s anti-dumping measures.
bloomberg.com

China AI Chip Leader Warns of Trading Risks After Stock Frenzy

AI chip designer Cambricon Technologies Corp. plunged almost 9% after warning investors about a doubling in its share price over just a month, a record gain that helped fuel a $1 trillion Chinese market rally.
bloomberg.com

Former PBOC Chief Zhou Pushes Back Against China Stablecoin Idea

China’s former central bank chief Zhou Xiaochuan issued a warning about the potential dangers of stablecoins, putting him in opposition to growing calls by policy advisers and economists for China to consider their use.
bloomberg.com

China’s Top Envoy Meets US Business Leaders, Urges Stable Ties

Beijing is willing to strengthen engagement with Washington to avoid misjudgments and manage differences in an effort to promote “stable, healthy and sustainable” bilateral relations, according to China’s top diplomat.
bloomberg.com

China Suspends Antitrust Probe Into DuPont Ahead of Trade Talks

China has suspended its antitrust investigation into the local unit of DuPont de Nemours Inc. in a potential goodwill gesture ahead of the third round of trade talks with the US next week.
bloomberg.com

China’s Geely Sweetens Bid to Take EV Maker Zeekr Private

Geely Automobile Holdings Ltd. sweetened its offer to take premium electric car maker Zeekr Intelligent Technology Holding Ltd. private, a deal that helps billionaire Li Shufu streamline his sprawling business empire.
bloomberg.com

China’s Central Bank Says Economy Is on Positive Track But Challeng...

China’s economy is showing positive signs and confidence is building, but challenges such as insufficient domestic demand and deflationary pressure persist, according to the country’s central bank.
bloomberg.com

New World Prices Hong Kong Luxury Home Project at Record Low

New World Development Co. launched a luxury residential project on the south side of Hong Kong Island at a record low price as the embattled developer aims to accelerate property sales amid debt concerns.
bloomberg.com

China Calls for France to Help Resolve Trade Differences With EU

China called on France to help resolve trade differences with the European Union, as Beijing seeks to shore up ties with the bloc amid simmering tensions with the US.
bloomberg.com

These World Leaders Went to Harvard Before Trump’s Foreign Student Ban

The Trump administration’s move to block Harvard University from enrolling international students doesn’t just put more financial pressure on the school but also threatens a cradle for global political leaders.
bloomberg.com

Ant Group to Take Control of Hong Kong Retail Broker for $362 Million

Ant Group has agreed to buy a controlling stake in Hong Kong-listed brokerage Bright Smart Securities & Commodities Group for HK$2.81 billion ($362 million), in a move to expand its presence in the city.
bloomberg.com

China Premier Calls for More Efforts to Help Stocks, Property

Chinese Premier Li Qiang urged government officials to strengthen their efforts to stabilize the stock market and nurture the real estate market to help shield the economy from heightened trade tensions with the US.