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☆ I moved to Spain from California and bought 2 properties for less than $370,000. The process was shockingly easy compared to owning a home in Oakland.
▼ + stars: | 2024-04-01 | by ( Kaila Yu | ) www.businessinsider.com time to read: +7 min

In January 2023, we moved from Oakland, California, to Valencia, Spain. Leong and her husband moved to Valencia, Spain, in 2023. Valencia, Spain, showed up as a low-cost place to live and within a year, we purchased two properties there — all cash. I believe in buying property to live here and contribute to the community instead of simply purchasing property as an ex-pat as an investment. AdvertisementWhen purchasing property in Spain, you must be carefulLeong taking tea into her terrace area.

Persons: —, May Leong, It's, Leong, Spain —, he's, we'd, Leong Valencia, aren't, Valencia haven't Organizations: Service, Business, Oakland, Irish EU, pats, Facebook Locations: Oakland, Valencia, Spain, Limerick, Ireland, Europe, Oakland , California, Lisbon, California, States, Irish

☆ In AI rivalry with the U.S., China is behind on a key asset: Its own OpenAI
▼ + stars: | 2024-03-31 | by ( Rebecca Fannin | ) www.cnbc.com time to read: +4 min

In China, which is angling to produce its own chips or get more from Nvidia, no dominant gen AI contender to OpenAI has emerged yet among dozens of Chinese tech titans and startups. Last year, funding of gen AI upstarts accounted for nearly half of $42.5 billion invested globally in artificial intelligence companies, according to CB Insights. "China is at a big disadvantage in building the foundation models for Gen AI," said Rui Ma, an AI investor and co-founder of investment syndicate and podcast TechBuzz China. China does have the tech talent to make a difference in the AI rivalry in the years ahead. Additionally, among top-tier AI researchers working at U.S. institutions, 38% have China as their country of origin, compared with 37% from the U.S.New Chinese gen AI market entries can also reach mass adoption quickly.

Persons: Ernie Bot, OpenAI, Paul Triolo, Jenny Xiao, Rui Ma, Triolo, Sora, Ma, Marco Polo, Baidu's, Ernie, Leong Organizations: Global, Trade, Hangzhou International, Nvidia, tech titans, titans Microsoft, Google, Amazon, U.S, Dentons Global Advisors, Leonis Capital, OpenAI, Paulson Institute, U.S ., Samsung, Apple, Baidu Locations: Hangzhou, Zhejiang Province, China, Washington ,, Silicon, San Francisco, The U.S, U.S, OpenAI

☆ It's starting to look like majoring in computer science isn't the road to the promised land of money and job security after all
▼ + stars: | 2023-11-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Many computer science majors say job hunting has become tougher after layoffs hit the industry. Ben Leong, a Singaporean computer science professor, said getting a job was never easy. He told Insider he picked his major because he was interested in technology — and also because of the industry's salaries. Wong told Insider last month that he's applied to 17 jobs and has heard back from five companies. AdvertisementAdvertisementBryan Ho, a 23-year-old junior studying computer science at the National University of Singapore, told Insider he's applied for roughly 100 internships.

Persons: Ben Leong, —, Joel Wong, Wong, Bryan Ho, he's, Ho, Ethan Ang, Ang, sprees, That's, Leong, Aline Lerner, Insider's Kali Hays, NodeFlair's Ang Organizations: Service, National University of Singapore, Tech, Facebook, Google, Big Tech, MIT Locations: Singapore, Asia, The Singapore, Southeast Asia

☆ Blended finance is a possible solution to meet developing nations' energy transition needs: CDPQ
▼ + stars: | 2023-11-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlended finance is a possible solution to meet developing nations' energy transition needs: CDPQLeong Wai Leng, Regional Head of Asia Pacific at CDPQ discusses blended financing and investing in a high interest rate world.

Persons: Wai Organizations: Wai Leng, of Asia Pacific, CDPQ

☆ Li Keqiang: Death of China’s former premier offers glimpse into discontent with Xi Jinping
▼ + stars: | 2023-11-01 | by ( Cnn Staff | ) edition.cnn.com time to read: +11 min

CNN —The sudden death of China’s former Premier Li Keqiang has spurred an outpouring of grief and mourning across the country. But for many, it also appears to offer a rare opening to air pent-up discontent with top leader Xi Jinping and the direction he has taken the country. His death, just months after his retirement, shocked the Chinese public. German Chancellor Angela Merkel and Chinese Premier Li Keqiang review a guard of honor prior to a meeting at the Chancellery on July 9, 2018 in Berlin, Germany. Chinese Premier Li Keqiang visits a hospital in Wuhan on January 27, 2020, days after the city was placed under a complete lockdown to curb the raging Covid-19 outbreak.

Persons: Li Keqiang, Xi Jinping, Li, Xi –, ”, Alfred Wu, Lee, “, Xi, Angela Merkel, Sean Gallup, Zhang Lun, Mao Zedong, Zhang, “ I’ve, Wu, Li Tao, Zhou Enlai, Mao, Hu Yaobang, Fish Leong, ” Zhang Organizations: CNN, Communist, Lee Kuan Yew, of Public Policy, Getty, Studies, University of Cergy, Peking University, Li, AP Party, Communist Party, Xinhua, CPC, Party Locations: Shanghai, China, Singapore, German, Berlin, Germany, Pontoise, France, Communist China, Wuhan, AFP, Yunnan province, Weibo, Malaysian, Hefei, Anhui, Zhengzhou, Henan, Beijing

☆ In China, a Completely Different Approach to Lowering Healthcare Costs
▼ + stars: | 2023-09-13 | by ( Chun Han Wong | Clarence Leong | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/electric-cars-power-chinas-economic-hopes-as-internet-titans-take-a-back-seat-26c62d3b

Persons: Dow Jones

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Persons: Dow Jones

☆ Clarence Leong — Reporter at The Wall Street Journal
▼ + stars: | 2023-08-17 | by ( Clarence Leong | ) www.wsj.com time to read: 1 min

Clarence LeongClarence Leong is a reporter for The Wall Street Journal based in Singapore, covering Chinese business and general news. He was previously with Dow Jones Newswires with a focus on Chinese and Hong Kong equities, writing about a range of sectors from real estate to automobiles.

Persons: Clarence Leong Clarence Leong, Dow Jones Organizations: Wall, Journal Locations: Singapore, Hong Kong

☆ China’s Tech Distress Grows as U.S. Chip Sanctions Bite
▼ + stars: | 2023-07-31 | by ( Dan Strumpf | Clarence Leong | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-tech-distress-grows-as-u-s-chip-sanctions-bite-3022475c

Persons: Dow Jones

HONG KONG/NEW YORK, July 31 (Reuters) - For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to be matched by substantive action to clean up an ailing property sector before confidence recovers. "The question is what resources they will deploy, because China is still very focused on de-leveraging and preventing financial risks." Absolutely, and urgently," said Qi Wang, the chief investment officer (CIO) of MegaTrust Investment (HK), a boutique China fund manager specializing in domestic Chinese A-shares. Mark Dong, general manager of Minority Asset Management, based in Hong Kong, has reduced his exposure to the property sector. The safest bets in the sector, he said, had come down to state-owned companies such as China Resources Land (1109.HK) and Poly Property (0119.HK).

Persons: Tara Hariharan, Qi Wang, Wang, Mark Dong, Bo Zhuang, Loomis, Weng, Rob Hinchliffe, Hinchliffe, Mei Leong, Xie Yu, Georgina Lee, Shen Yiming, Jason Xue, Ankur Banerjee, Tom Westbrook, Vidya Ranganathan, Simon Cameron, Moore Organizations: HONG KONG, MegaTrust Investment, Asset Management, Loomis Sayles Investments, Eastspring Investments, PineBridge Investments, China Evergrande Group, HK, China Resources, Poly Property, Thomson Locations: HONG, China, Hong Kong, Loomis Sayles Investments Asia, Shanghai, New York, Singapore

☆ Volkswagen Seeks to Reclaim China Crown in Deal With EV-Maker XPeng
▼ + stars: | 2023-07-28 | by ( Clarence Leong | Liza Lin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/volkswagen-seeks-to-reclaim-china-crown-in-deal-with-ev-maker-xpeng-27022d8e

Persons: Dow Jones Organizations: volkswagen

☆ Big Pharma Bets Big on China
▼ + stars: | 2023-07-23 | by ( Clarence Leong | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ China: More 'desperate' easing policies could come through in mid-August, strategist says
▼ + stars: | 2023-07-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina: More 'desperate' easing policies could come through in mid-August, strategist saysLeong Lin Jing of Columbia Threadneedle Investments says such measures are likely to be rolled out until China hits its 5% growth target.

Persons: Leong Lin Jing Organizations: China, Columbia Threadneedle Investments Locations: Columbia, China

SYDNEY/SINGAPORE, June 20 (Reuters) - Asia's dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region's equity capital markets, after volumes in the first half of the year sank to their lowest in four years. First-half Asia Pacific equity capital markets volumes dropped 16% to $117.2 billion from the same period in 2022, including a 34% drop in initial public offerings (IPOs) to $34.3 billion, Refinitiv data showed. "For investor sentiment to return for IPOs we need to see a more stable interest rate environment in the U.S., more economic stimulus from China and an improving geopolitical backdrop," said Cathy Zhang, head of Asia Pacific equity capital markets at Morgan Stanley. "We are hoping to see more IPO activity in the second half and starting to see some green shoots in the U.S. and Europe," said Udhay Furtado, Citigroup's co-head of Asia equity capital markets. As bankers scan their pipeline of IPO candidates for the second half, larger transactions in the region are being favoured to help kick-start activity.

Persons: Goldman Sachs, Cathy Zhang, Morgan Stanley, Udhay Furtado, Citigroup's, Sunil Dhupelia, JPMorgan's, China's JD.com, Hulu Energi's, Edmund Leong, Scott Murdoch, Yantoultra, Vineet, Sonali Paul Organizations: Asia, Morgan, IPOs, STAR, Shenzhen's, Reuters, JD Industrial, JD, Alibaba, HK, Bankers, Group Investment Banking, UOB, Thomson Locations: SYDNEY, SINGAPORE, China, Asia Pacific, U.S, York, Hong Kong, Indonesia, Europe, Asia, Japan, IPOS, Southeast Asia, Amman, Sydney, Singapore, Bangalore

☆ NATO Sends More Troops to Kosovo as Tensions With Serbs Intensify
▼ + stars: | 2023-06-02 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Watch: China Sends First Civilian Astronaut to Space Station China sent its first civilian astronaut into orbit on Tuesday, part of a new crew that’s scheduled to spend five months on its space station, Tiangong. WSJ’s Clarence Leong explains the significance behind the mission. Photo: Kevin Frayer/Getty Images

Persons: Clarence Leong, Kevin Frayer Organizations: China, Space

☆ Nine People Injured in Shooting at Beach in Hollywood, Fla.
▼ + stars: | 2023-05-30 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

☆ China Launches Three Astronauts, Including First Civilian, Into Orbit
▼ + stars: | 2023-05-30 | by ( Clarence Leong | ) www.wsj.com time to read: 1 min

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[1/2] Alan Leong Kah-kit, Chairperson of the Civic Party, speaks to the media announcing the party's disbandment in Hong Kong, China May 27, 2023. Today, the Civic Party is bidding Hong Kong farewell. We hope Hong Kong people will live in the moment with a hopeful and not too heavy heart. The Civic Party, founded in 2006, had been a major democratic force in the financial hub that returned from British to Chinese rule in 1997, alongside the Democratic Party, performing strongly in local legislative and district polls. Hong Kong and Chinese authorities described the electoral revamp as a progressive democratic step to ensure only pro-China "patriots" govern Hong Kong.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/china-seeks-to-counter-musks-starlink-with-own-satellite-network-ca94aa52

☆ Employee Monitoring and Surveillance
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +50 min

Ensuring Employee Safety and Systems SecurityEmployers may use electronic workplace monitoring and surveillance to protect their:Worksites. Potential Liability for Electronic Workplace Monitoring and SurveillanceEmployers that engage in electronic workplace monitoring and surveillance must comply with various federal and state laws, including:The Wiretap Act. Best Practices for Electronic Workplace Monitoring and SurveillanceTo avoid violating relevant state and federal laws, before conducting workplace monitoring and surveillance, employers should:Consider the purpose and appropriate scope of their monitoring and surveillance activities and what methods will help them achieve their objectives. Determine the Purpose of Workplace Monitoring and SurveillanceBefore conducting any workplace monitoring or surveillance, best practice is for employers to identify the purpose and goals of these activities to:Ensure that there is a legitimate business purpose for the planned monitoring and surveillance activities. Determine the scope of monitoring and surveillance necessary to accomplish the business purpose, and conduct only the minimum monitoring and surveillance necessary to meet that business need.

☆ We like the Thai baht 'structurally,' says asset management firm
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe like the Thai baht 'structurally,' says asset management firmLeong Lin Jing of Columbia Threadneedle Investments says there are a few risks building as the country heads into a general election in May, and explains why it's "long" on the currency "for now."

☆ Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
▼ + stars: | 2023-03-28 | by ( Raffaele Huang | Clarence Leong | ) www.wsj.com time to read: 1 min

Chinese e-commerce giant Alibaba Group Holding Ltd. said it plans to split itself into six independently run companies that could seek separate IPOs, effectively dismantling a business empire built over two decades by charismatic entrepreneur Jack Ma just as the tycoon reappeared in China. The reorganization of one of China’s largest private companies, once valued at more than $800 billion but now worth about a quarter of that, comes after Chinese authorities signaled in recent months they were winding down a sweeping regulatory clampdown aimed at reining in the country’s powerful tech sector.

☆ Alibaba to Split Into Six Separate Groups in Biggest Shake-Up
▼ + stars: | 2023-03-28 | by ( Clarence Leong | Raffaele Huang | ) www.wsj.com time to read: 1 min

Alibaba plans to split itself into six independently run entities. Chinese tech giant Alibaba Group Holding Ltd. plans to split its business into six independently run entities, the biggest structural overhaul in its history—announced a day after co-founder Jack Ma was seen back in mainland China after almost a year overseas. Alibaba Group will become a holding company overseen by current Chairman and Chief Executive Daniel Zhang , the company said in a statement on Tuesday.

The U.S. moved this month to cut off a Chinese conglomerate’s access to Western technology, but the firm can still secure those goods through a technicality that some former senior officials say is a major loophole in the U.S. export-control regime. U.S. companies are barred from exporting to companies named on the Commerce Department’s so-called Entity List, unless they get approval. But listed companies can still buy U.S. goods through subsidiaries that aren’t on the Entity List, current and former government and industry officials say. Industry officials say some U.S. companies intend to keep selling high-tech goods to Chinese companies in that manner.

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