财新传媒 财新传媒
财新网首页 > 博客 > 记者博客
Doug Young

Bottom line: A slowdown in New York IPOs by Chinese firms at the start of the year was largely caused by the government shutdown, and activity could soon pick up starting with a listing by leading live broadcaster Douyu.

We'll kick off my first post of the Lunar New Year with a look at New York IPO activity in the first part of 2019, or more precisely the lack of activity for Chinese companies. If this were any other year, I would say such a silence is probably normal, since in the past the f...

.
苑苏文

记者的心结 | 某种渺小

苑苏文 01月12日

财新记者

 

一枚逆流而上的小浪花,改变不了浪潮的倾覆,搅动不了大海的永寂。

只有小浪花自己在乎自己的路。

 

——by本文作者

 

 

我一度感到绝望,不再接范阿姨的电话。但她没有放弃,换新号不断打给我,当我接通陌生的号码,听到她的声音,我的心脏都会虚脱一下。

 

她不在乎这些细节,只会在开场白中显露出些许介意。有时她会说:喂,苑记者,你还记得我是谁吗?,还有时更加直接:喂,苑记者,我是你范阿姨

 

但大多数时间她是不自报家门的,但我每次都会辨认出陌生数字后熟悉的她,强行调动情绪,...

.
Doug Young

Bottom line: Xiaomi's stock is probably oversold at current levels due to selling at the end of a lockup period, but will remain an underpeformer for at least the next 1-2 years until it can prove its strategy of moving up-market has legs.

It's been a rocky week so far for smartphone wannabe Xiaomi (HKEx: 1810), which is desperately trying to show investors it's more than just a maker of cheap, low-margin products. The company is getting set to unveil a new strategy to show it plans to wean i...

.
Doug Young

Bottom line: A US prosecutor's decision not to file rape charges against JD.com's founder may bring short-term relief to the stock, but the case still shows the importance of understanding the unusual role Chinese founders play at their companies.

On this day after Christmas I thought I'd play a little catch-up by weighing in on the controversial decision that saw a Minnesota prosecutor decline to press rape charges against JD.com's (Nasdaq: JD) founder and CEO Richard Liu. Following the big ...

.
Doug Young

Bottom line: The US case against Huawei's CFO is likely to end with her release on technical grounds as part of a deal between the US and China, though the company could still face punishment for illegally selling US products to Iran.

It's a few days old by now, but I wanted to begin the new week by sharing some of my thoughts on the recent blow-up involving telecoms equipment giant Huawei's CFO, who was detained in Canada at Washington's request. At this point I mostly want to give my views ...

.
Doug Young

SMARTPHONES: Huawei Takes New Look at India

Doug Young 12月03日

财新传媒英文部编辑

Bottom line: Huawei's new push into India looks like a smart and well-timed move to take advantage of the country's emerging middle class, and could help it take the global smartphone crown by the end of next year.

As it creeps up on its goal of becoming the world's largest smartphone maker, the controversial Huawei appears to finally be waking up to the potential of the fast-growing India market. That's the key takeaway from some Indian media reports last week, which quoted a company executi...

.
Doug Young

Bottom line: A major new campaign calling on Google to abandon its plan to return to China's search market will add pressure on the company to reconsider its decision, but is unlikely to succeed unless the pressure grows significantly stronger.

If Google (Nasdaq: GOOG) CEO Sundar Pichai thought he could quietly launch a new filtered China search engine without any major backlash, he's quickly finding out otherwise. The search giant's controversial plan to return to the world's biggest search ...

.
黄姝伦

回到南方 再问来路

黄姝伦 11月08日

关注社会民生大事小节。

20167月底,我从英国伦敦回国,9月入职财新,由国际新闻转行公共政策新闻,跑城乡发展相关议题。转眼两年,今年6月,我结束北漂生活,调往华南站。

 

从业两年,总马不停蹄,渴望在专攻领域有所建树,举着新闻专业主义大旗,不问来路,被焦虑情绪困扰是家常便饭。从小在城市长大,工作中的城镇化议题,晦涩而令人心向往之——农村留守妇女抑郁症、河南艾滋病村、凉山困境儿童、耒阳教育城镇化困局、跨国红木贸易溯源……欠缺“火候”是常态,采访时欠了新闻敏感、突破能力、问题意识,写作时缺了认知基础、分析框架、逻辑层次,行...

.
Doug Young

Bottom line: China's drive to boost imports will benefit the nation's big e-commerce companies with cross-border trade capabilities, though such purchasing will still be a small fraction of their overall volume.

It may be election day in the US, but here in China the focus is decidedly on imports with the staging this week of a massive import-focused expo in Shanghai. This particular event, officially called the China International Import Expo, has big political overtones, which I've looked a...

.
Doug Young

Bottom line: Washington's punishment of a Chinese chipmaker accused of stealing from Micron Technology is part of a savvy targeted approach by the Trump administration aimed at spotlighting illegal business practices by Chinese tech firms.

I thought I'd begin this Monday with a wrap and look at what's ahead for a Chinese chipmaker called Jinhua, which fell squarely in the crosshairs of Donald Trump's trade war with Beijing in a series of breakneck developments last week. This particular case ...

.
Doug Young

Bottom line: Alibaba's vague road map in its latest chairman and CEO annual shareholder letter is too far off to be meaningful, but does chart its aspirations to change from its current form to something more like an IT services company.

Alibaba (NYSE: BABA) founder Jack Ma and his heir apparent Daniel Zhang have just laid out their vision for the e-commerce giant in their latest annual letter to shareholders, and I have to say it's at once very grand while also being quite short on detail. T...

.
Doug Young

IPOs: No One Comes to Haier's German Party

Doug Young 10月24日

财新传媒英文部编辑

Bottom line:  Haier's weak IPO under a new German program to internationalize Chinese stocks owes to lack of awareness and thin trading, and reflects challenges the new market will face in its drive for recognition.

What if you threw an IPO and nobody came? That's what seems to be happening for home appliance giant Haier, which has just made the inaugural listing on a new Sino-German stock exchange aimed at internationalizing Chinese companies. The program captured headlines earlier this year...

.
Doug Young

SEARCH: Google Takes Offensive on China Search Return

Doug Young 10月18日

财新传媒英文部编辑

Bottom line: Google's decision to finally talk openly about its plan to return to China looks smart though slightly late, by explaining the desperate need for alternatives in the massive though tightly controlled search market.

After staying mum on the subject for quite some time, Google (Nasdaq: GOOG) is finally speaking out on its controversial decision to return to the China search market. Its CEO Sundar Pichai broke the company's silence on the matter at an event this week sponsored by Wi...

.
夏伟聪

“我后悔接受了你的采访”

夏伟聪 09月12日

南华早报视频记者

上星期,我的一位采访对象给我发来了一条视频,标题是《那些嫁到非洲的中国女孩,为什么婚后会痛苦大喊:根本受不了》。   视频无耻盗用了我两年前参与的报道——
《广州黑人影像调查》里的大部分素材,恶意进行再制作,主旨讲述中国女子嫁到非洲后无法适应非洲落后的环境和男权至上的文化,甚至遭受了非洲男人严重的家庭暴力。   “所以对于那些想嫁到国外嫁到非洲的女孩,小编认为还是要三思而后行。”配音读这句话时,画面上是我的受访者抱着她的混血孩子,旁边有她来自喀麦隆的老公,一家人在玩皮球。   那时她在我镜...

.
Doug Young

E-COMMERCE: CEO Sex Allegations to Rock JD.com Stock?

Doug Young 09月03日

财新传媒英文部编辑

Bottom line: The detention of JD.com's CEO on sexual misconduct allegations makes for good headline fodder, but is unlikely to have any extra impact on the company's stock that is already under pressure.

The Chinese media have been buzzing all weekend over reports that e-commerce giant JD.com's founder and CEO Richard Liu was detained by police in the U.S. over sex-based allegations. The story certainly does make for titillating headlines, and will certainly come as a slight embarrassment to ...

.
Doug Young

Bottom line: An internal petition calling on Google to be more transparent about its plans to return to China represents the first major backlash to the move, but is unlikely to dissuade the company from going ahead.

When the news first broke a couple of weeks ago that Google (Nasdaq: GOOG) was planning a return to China's search market, many predicted that western sources would be quick to criticize the plan, even though few voices have actually spoken out so far. Fast forward a couple of we...

.
Doug Young

INTERNET: Tencent Slumps Under Government Wrist-Slap

Doug Young 08月15日

财新传媒英文部编辑

Bottom line: Tencent's sudden pulling of a popular game just days after its release shows no one is exempt from Beijing's recent online entertainment clampdown, which could weigh on stocks of related company for the next few months.

A new statement from leading online game operator Tencent (HKEx: 700) is dripping with contrition, following the sudden yanking of a new hit game from its platform that apparently didn't pass muster with the regulator. This latest Tencent news, combined with some ...

.
Doug Young

IPOs: BeiGene, China Tower IPOs Fail to Excite in HK

Doug Young 08月10日

财新传媒英文部编辑

Bottom line: Lackluster debuts for two of this year's largest China IPOs in Hong Kong points to a cresting of the current new listing wave, with sentiment starting to wane as investor appetite for new choices gets satisfied.

Two of the year's biggest China IPOs have formally launched in Hong Kong this week, each with a different story and accompanying moral to tell. The larger of those, and the world's largest IPO in the last two years, has seen state-run cellular tower operator China Tower (...

.
Doug Young

VIDEO: iQiyi Goes Down LeEco Road with Sports JV

Doug Young 08月08日

财新传媒英文部编辑

Bottom line: iQiyi's establishment of a new sports joint venture and the venture's subsequent 500 million yuan in funding point to a measured expansion for its premium content business, which will be key to its future success. 

I'm being just a bit coy with today's headline by suggesting that a new sports programming joint venture by online video site iQiyi (Nasdaq: IQ) resembles a similar expansion by disgraced former rival LeEco (Shenzhen: 300104). But the fact of the matter is that these t...

.
Doug Young

INTERNET: Google Outed on China Search Plan

Doug Young 08月02日

财新传媒英文部编辑

Bottom line: A new report on Google's plan to launch a new China search engine within the next year looks credible, and underscores the company's decision to put the market's big potential ahead of the negative backlash such a move will bring.

A story in a publication called the Intercept is making big waves in China, saying search giant Google (Nasdaq: GOOG) is preparing a major about-face on its decision to leave the country's large but highly controlled search market. (English article) Whi...

.