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☆ Chinese consumer stocks to buy even if the overall market rally fades
▼ + stars: | 2024-05-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

It's now focused on finding industry leaders with high free cash flow. Hong Kong-based AlphaHill Capital is looking specifically for Chinese consumer names with free cash flow growth, said Siliang Jiang, the firm's partner and portfolio manager. Jiang expects the Chinese consumer will start to turn around in the second half of this year or next year. China's "Consumer Confidence Index (CCI) edged up in the past 9 months, despite falling property prices and fears of 'household balance sheet recession '. Two of their picks based on positive free cash flow are Li Auto and New Oriental Education .

Persons: Ding Wenjie, Ding, It's, Siliang Jiang, Jiang, Li, Liqian Ren, Ren, — CNBC's Michael Bloom Organizations: Citi, China Asset Management Co, CNBC, Investors, China Merchants Securities, Baidu, Bank of America, Li Auto, New Oriental, Speed Railway, WisdomTree, Reuters Locations: China, India, Hong Kong, Tencent, Beijing, Shanghai, Shanghai . State

☆ Netflix's '3 Body Problem' makes some big changes from the book. Here's how the show and novels differ.
▼ + stars: | 2024-03-28 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +10 min

AdvertisementNetflix's "3 Body Problem" is an adaptation of Liu Cixin's wide-ranging "Remembrance of Earth's Past" trilogy of novels. Speaking of Yun Tianming, he got turned into Will DowningWill Downing signs on to the Stairfacer Project in "3 Body Problem." Saul is based on a character named Luo JiSaul is chosen as a Wallfacer in "3 Body Problem." The VR headsets are way simpler in the seriesJack Rooney wears a virtual reality headset in "3 Body Problem." NetflixIn "3 Body Problem," Ye Wenjie's daughter Vera Ye dies by suicide in the first episode.

Persons: Liu Cixin's, —, David Benioff, Weiss, Alexander Woo, Auggie Salazar, Ed Miller, Wang Miao, Da Shi, Salazar, Eiza González, it's Wang Miao, Wang Miao's, Jin Cheng, Jess Hong, Jin, Copernicus, Wang, she's, Netflix Wang Miao, Cheng Xin, She's, Yun Tianming, Will Downing Will Downing, Will Downing, Oxford alums, He's, Jack Rooney's, Saul, Luo Ji Saul, Netflix Saul, he's, Saul isn't, Luo Ji, they're, Ye, ETO Jonathan Pryce, Mike Evans, Tatiana, Marlo Kelly, Sophon, Evans, Shimooka, Alicia Vikander, Evan Rachel Wood, Jack Rooney, we'd, Ye Wenjie, Vera Ye, Yang Dong, Yang Weining Organizations: Service, Netflix, intel, Stairfacer, Oxford, United Nations, UN, ETO, Trisolaris Organization, Red Coast Locations: China, England, San, Red

☆ '3 Body Problem' director says the 'pressure was huge' to represent Chinese history accurately on screen
▼ + stars: | 2024-03-26 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +12 min

"3 Body Problem" is a show about aliens — but before that, it's about a woman during the Cultural Revolution. AdvertisementNetflix's "3 Body Problem" is preoccupied with the far-flung reaches of the universe — but its moments of deep, historical specificity are where it thrives the most. BI spoke with the director about the pressure to authentically render Chinese history and virtual reality alike on screen. Ye Wenjie's father is beaten to death during a struggle session during the Cultural Revolution in "3 Body Problem." Derek Tsang on the "3 Body Problem" set with Jess Hong and camera operator Sean Savage.

Persons: Derek Tsang, Ye, Tsang, —, Liu Cixin's, David Benioff, Weiss, Alexander Woo, Oscar, Yu Guming, Tseng, Maria Heras, Zine Tseng, Ye Wenjie, Dave, Dan, Alex, you've, she's, It's, Ed Miller, it's, David, they're, Jess Hong, Sean Savage, Jonathan Freeman, Jonathan, Jin Cheng, We've Organizations: Service, Hong, Cultural, Netflix Locations: Hong Kong, Ye Wenjie's, Ye, London, David, China, American

☆ '3 Body Problem' hasn't been renewed for season 2 yet, but Netflix has plenty more material to draw from — here's what we know
▼ + stars: | 2024-03-24 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Here's everything that we know about a potential season two of "3 Body Problem." But Woo said at the SXSW Film & TV Festival in March that they had already begun working on a second season. What would '3 Body Problem' season 2 be about? Here's where we'll really get into some spoiler territory, both for the ending of season one of "3 Body Problem" and book spoilers that might also be potential season two spoilers. "3 Body Problem" is now streaming on Netflix.

Persons: —, Liu Cixin's, Ye Wenjie, David Benioff, Weiss, Alexander Woo, they're, Benedict Wong, Ed Miller, Woo, we've, Liam Cunningham, showrunners, Benioff, Nothing's, haven't, Jess Hong, Jin Cheng, Jovan Adepo, Saul Durand, Eiza, Auggie Salazar, Wade, Clarence Shi, Marlo Kelly, Tatiana, Saamer Usmani, Raj Varma, Alex Sharp, Will Downing, we'll, Saul, Luo Ji, who's, Luo, Yu, Tseng, Maria Heras Organizations: Service, Netflix, Business, SXSW, TV Festival, Collider, United Nations Locations: China, United Kingdom

☆ '3 Body Problem' director Derek Tsang says the show 'relied' on him and a Chinese writer to finesse its Mandarin dialogue
▼ + stars: | 2024-03-23 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

Director Derek Tsang told BI that he brought in a Chinese writer to help with the Mandarin dialogue. Related stories"I think a lot of the Chinese dialogue, they relied a lot on me and my writer," Tsang told BI. AdvertisementTsang told BI that the dialogue was based on the book, which had been translated from Chinese to English. Much of the show's Mandarin dialogue occurs in sequences set in China in the early episodes, with Zine Tseng, who plays young Ye Wenjie, working primarily in the language. Tsang told BI that he thought showrunners Benioff, Weiss, and Woo had succeeded in carrying over the "essential" elements from Liu's novel while also incorporating a more international focus and cast.

Persons: Derek Tsang, —, Liu, showrunners David Benioff, Weiss, Alexander Woo, Ye, Tsang, David, Dan, Zine Tseng, Ye Wenjie, showrunners Benioff, Woo, it's Organizations: Service, Netflix Locations: China, United Kingdom, Hong Kong, he's

☆ Here's the science refresher you need before diving into Netflix's '3 Body Problem'
▼ + stars: | 2024-03-23 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +9 min

AdvertisementThe three-body problem is unsolvable and chaoticSome of the show's action takes place in a virtual world that's orbited by three suns. "This is a centuries-old problem," Shane Ross, an aerospace and ocean engineering professor at Virginia Tech, told Business Insider. Alpha Centauri is the closest star system to EarthThe three-body system in the story is based on a real neighboring star system called Alpha Centauri. At about 4 light-years from Earth, it's the closest star system to our own and contains three stars: Alpha Centauri A, Alpha Centauri B, and Proxima Centauri, which has two planets orbiting around it. A view of the bright triple-star system Alpha Centauri.

Persons: —, Liu Cixin, Shane Ross, Isaac Newton, Ross, Georgios Kollidas, Alpha Centauri, Franck Marchis, Davide De Martin, they're, Marchis, Ye Wenjie, Enrico Fermi, Benedict Wong, Jerry Ehman, Sir William Hamilton, William of Ockham, Aristotle, Ptolemy, Maximilien Brice, John Finney, It's Organizations: Service, Netflix, Oxford University, Business, Virginia Tech, Alpha, Alpha Centauri, Proxima, SETI Institute, ESO, Columbia University, USA, Keystone, Getty, Ohio State University, Extraterrestrial Intelligence, SETI, American AstroPhysical, CERN Locations: Ohio, China, North America

☆ '3 Body Problem' is not 'Game of Thrones' with aliens — but it's just getting started
▼ + stars: | 2024-03-09 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

Similarly, it's hard to tell how "3 Body Problem" will pan out even from its first season, which by the end still feels like it's only barely gotten started. Netflix"3 Body Problem" is based on Chinese author Liu Cixin's "Remembrance of Earth's Past" trilogy. The modern-day storyline is less compelling — at least so farJin Cheng (Jess Hong) and Jack Rooney (John Bradley) in "3 Body Problem." "3 Body Problem" has a "Contact"-like bent, in that it attempts to use science and extraterrestrial life to interrogate the idea of God itself. But "3 Body Problem" is worth your time, if at least to see what some of television's greatest hitmakers have taken on next.

Persons: David Benioff, Weiss, Liu Cixin's, Alexander Woo, —, Benioff, Carl Sagan fan's, Ye Wenjie, Ye Zhetai, he's, she's, Wenjie, Rosalind Chao, Tseng, Derek Tsang, Jin Cheng, Jess Hong, Jack Rooney, John Bradley, Ed Miller, alums, Da Shi, Benedict Wong, Thomas Wade, Liam Cunningham, Ye, Woo, It's, Ye Wenjie's Organizations: Netflix, Service, HBO, Amazon's, Tsinghua University Locations: China, Mongolia, London, Oxford

☆ China investors will be asking these 3 questions in 2024
▼ + stars: | 2024-01-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

CHONGQING, CHINA - JANUARY 02: People visit the 2nd International Light and Shadow Art Festival at the Fine Arts Park on January 2, 2024 in Chongqing, China. For all the geopolitical risks, the attraction of China as a fast-growing market has waned as the economy matures. Many were disappointed when China's economy did not rebound as quickly as expected after the end of Covid-19 controls in December 2022. Real estate is a clear example of a debt-fueled sector, one that has accounted for about a quarter of China's economy. Machinery, electronics, transport equipment and batteries combined contributed to 17.2% of China's economy in 2020, Citi analysts said.

Persons: it's, Jason Hsu, They're, Liqian Ren, Goldman Sachs, Ding Wenjie, Ding Organizations: Fine Arts, Art, Getty, Visual China, U.S, Citi, People's Bank of, Rayliant, Rayliant Global Advisors, National Bureau, China Asset Management Co, CNBC, Machinery Locations: CHONGQING, CHINA, Chongqing, China, BEIJING, Covid, People's Bank of China, Beijing, WisdomTree

☆ China slams Biden's order limiting U.S. overseas tech investment
▼ + stars: | 2023-08-10 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

Dong Wenjie | Moment | Getty ImagesChina criticized President Joe Biden's long-awaited executive order regulating fresh U.S. investment in technology — but stopped short of issuing immediate counter measures. "China expresses its grave concern and reserves the right to implement measures," the Chinese Commerce Ministry said in the statement, according to a CNBC translation. Biden's order comes amid an escalating race for global technology supremacy. watch now"This seriously deviates from the market economy and fair competition principles that the U.S. has always advocated," the Chinese Ministry of Commerce added. The wording on Biden's executive order appears similar to a toned-down version of the initial Outbound Investment Transparency Act the Senate recently introduced.

Persons: Dong Wenjie, Joe Biden's, Prasad, Janet Yellen Organizations: Images China, Chinese Commerce Ministry, Biden, CNBC, Chinese Ministry of Commerce, Cornell University, Treasury, Senate Locations: Shanghai, Asia, China, China , Hong Kong, Macao, U.S, Japan, Netherlands, Beijing

☆ China's earnings season is just getting started. Here are some winners to watch
▼ + stars: | 2023-07-23 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Their screen found that home appliances, media and software sectors were among those that fit the bill. When it comes to individual stocks, HSBC looked for names where their estimates were most above the consensus. Top on the list is software company 360 Security, which HSBC's earnings estimate for the year is double the consensus. Baosight, another software company, also made the top 10, as did home appliance company Sanhua. But not all software stocks made the cut.

Persons: Price, That's, Ding Wenjie, There's, Ant, Didi, Ding, Goldman Sachs, Lei Meng, Meng, Steven Sun, iFlytek Organizations: HSBC, That's, China Asset Management, CNBC, Alibaba, UBS Securities China Equity, CSI, HSBC Qianhai Securities Locations: China, Beijing, Shanghai, Shenzhen

Hong Kong stocks such as Alibaba (9988.HK) and Tencent (0700.HK) are among the 24 stocks which will be priced and traded in both yuan and the Hong Kong dollar under the Dual Counter Model on the Hong Kong stock exchange (HKEX) from Monday. Offshore yuan deposits in Hong Kong alone are estimated at some 833 billion yuan ($117 billion). "Mainland investors, including mutual fund companies like us, have genuine incentives to trade Hong Kong stocks in yuan," said Ding of ChinaAMC. "There's lot of political uncertainty these days so you may want to hold yuan rather than U.S. dollars, or the Hong Kong dollar, which is pegged to the U.S. ($1 = 7.8217 Hong Kong dollars)Reporting by Samuel Shen and Georgina Lee; Editing by Vidya Ranganathan and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Ding Wenjie, Ding, it's, Dong Chen, YUAN, Sun, Kai Properties, ChinaAMC, David Friedland, Samuel Shen, Georgina Lee, Vidya Ranganathan, Kim Coghill Organizations: HK, Hong Kong, Hong, China, Fund, U.S ., Global Capital Investment, China Asset Management, The U.S, Pictet Wealth Management, AIA, Hang Seng Bank Ltd, Interactive Brokers, Thomson Locations: SHANGHAI, HONG KONG, Hong, Hong Kong, China, Brazil, Russia, Beijing, Moscow, Ukraine, The, Pakistan, Asia, Asia Pacific

T-Mobile vs. Verizon: Is network speed or network coverage more important? T-Mobile Essentials vs. Verizon 5G Start plansPlan details T-Mobile Essentials Verizon 5G Start Price per month with automatic payments discounts included. T-Mobile Magenta vs. Verizon 5G Play More and 5G Do More plansPlan details T-Mobile Magenta Verizon 5G Play More Verizon 5G Do More Price per month with automatic payments discounts included. T-Mobile Magenta Max vs. Verizon 5G Get More plansPlan details T-Mobile Magenta Max Verizon 5G Get More Price per month with automatic payments discounts included. It provides fast data speeds, but its limited capacity results in slower data speeds, especially in congested areas like major cities.

Persons: —, Alex Potemkin, Dong Wenjie, it's, Price, It's, You've, Antonio Villas, Ookla's, you've Organizations: Mobile, Verizon, Service, Hulu, Disney Plus, ESPN, Fastest Mobile Networks, Getty, Verizon's 5G Nationwide, LTE, Nationwide Mobile, Paramount, Disney, Apple Music, Apple, People, Mobile Magenta Verizon, Nationwide, 5G Nationwide Mobile, International, U.S, AAA, Netflix, Apple Arcade, Google, ESPN Plus, Mobile Magenta Max, Mobile Magenta Max Verizon, Boas, Samsung Locations: Mexico, Canada, U.S

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