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Naomi Xu Elegant

Stay informed with Naomi Xu Elegant’s coverage and analysis.

HONG KONG, CHINA - OCTOBER 28: Dajun Yang, Chairman and CEO of Ascentage Pharma Group International, attends the company's listing ceremony at the Hong Kong Stock Exchange (HKEX) on October 28, 2019 in Hong Kong, China. (Photo by Zhang Wei/China News Service/VCG via Getty Images)
Finance
Hong Kong Has Officially Entered Recession, But Its IPO Market Is Now the World’s Best
By Naomi Xu ElegantOctober 31, 2019
PARIS, FRANCE - OCTOBER 21: In this photo illustration, a visual representation of digital cryptocurrency coins sit on display in front of a Libra logo on October 21, 2019 in Paris, France. Several European countries, including France, are preparing to veto the virtual currency project Libra, dangerous for the global economy, according to the French Minister of Economy, Bruno Le Maire. Libra is a cryptocurrency and virtual currency project initiated by Facebook that includes a consortium of twenty-one major corporations and international NGOs. (Photo by Chesnot/Getty Images)
Finance
China Prepares to Launch Its Own Digital Currency as Facebook’s Libra Languishes
By Naomi Xu ElegantOctober 29, 2019
Investors watch an electronic board at a stock exchange hall on October 8, 2019 in Nanjing, Jiangsu Province of China. Chinese shares rose on Tuesday. The Shanghai Composite Index went up 8.28 points, or 0.29 percent, to close at 2913.57. The Shenzhen Component Index rose 28.51 points, or 0.30 percent, to close at 9474.75 points. (Photo by VCG/VCG via Getty Images)
Finance
Meituan and Xiaomi Shares Jump as Trading in 2 of China’s Top Tech Names Comes to the Mainland’s ‘Casino’ Investors
By Naomi Xu ElegantOctober 28, 2019
LOS ANGELES, CA - AUGUST 01: A general view of the atmosphere during the TikTok US launch celebration at NeueHouse Hollywood on August 1, 2018 in Los Angeles, California. (Photo by Joe Scarnici/Getty Images)
Tech
For China’s Social Media Giants, It’s a Battle for the Ages
By Naomi Xu ElegantOctober 25, 2019
Nadiem Makarim, chief executive officer of Go-Jek, listens during a Bloomberg Television interview on the sidelines of the Bloomberg New Economy Forum in Singapore, on Tuesday, Nov. 6, 2018. The New Economy Forum, organized by Bloomberg Media Group, a division of Bloomberg LP, aims to bring together leaders from public and private sectors to find solutions to the world's greatest challenges. Photographer: Wei Leng Tay/Bloomberg via Getty Images
Leadership
Gojek’s Founder Resigned to Join the Indonesian Government. What’s Next for the $10 Billion Startup?
By Naomi Xu ElegantOctober 24, 2019
A boy looks at a poster for the animated movie "Everest Nguoi Tuyet Be Nho", also known as "Abominable", at a movie theatre in Hanoi on October 14, 2019. - Vietnam has pulled the animated film "Abominable" from theatres over a scene featuring a map of the South China Sea showing Beijing's claims in the flashpoint waterway, state media reported on October 14. (Photo by Nhac NGUYEN / AFP) (Photo by NHAC NGUYEN/AFP via Getty Images)
Arts & Entertainment
Hollywood Is Learning How to Work in China—The Hard Way
By Naomi Xu ElegantOctober 22, 2019
Nadiem Makarim, chief executive officer of Go-Jek, speaks at the Bloomberg Year Ahead Asia Conference in Jakarta, Indonesia, on Wednesday, Dec. 6, 2017. Go-Jek has a "set plan" to become a listed company, Makarim said. Photographer: Graham Crouch/Bloomberg via Getty Images
Leadership
The Founder of Indonesia’s Most Valuable Unicorn Is Resigning to Work for the Government
By Naomi Xu ElegantOctober 21, 2019
Once Upon A Time In Hollywood
Newsletters
Once Upon a Time in…China
By Clay Chandler and Naomi Xu ElegantOctober 19, 2019
Anti-Government Protests Continue in Hong Kong
Politics
‘Strong Countermeasures’: After U.S. House Passes Bills Backing Hong Kong Protests, China Threatens Retaliation
By Naomi Xu ElegantOctober 16, 2019
Demonstrations hold a banner and American flags during a rally in support of the Hong Kong Human Rights and Democracy Act in Hong Kong, China, on Monday, Oct. 14, 2019. Protesters gathered in the city's central district in a police-sanctioned rally in support of the Hong Kong Human Rights and Democracy Act, a bill proposed in the U.S. to impose sanctions on the city. Photographer: Chan Long Hei/Bloomberg via Getty Images
Politics
Hong Kong Protesters Want U.S. Law Pushing More Scrutiny of Their Conflict With Beijing. Will It Backfire?
By Naomi Xu ElegantOctober 15, 2019
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Newsletters
Trump’s “micro-deal” with China
By Clay Chandler and Naomi Xu ElegantOctober 12, 2019
A screen demonstrates facial-recognition technology at the Beijing Megvii Co. booth at the MWC Shanghai exhibition in Shanghai, China, on Thursday, June 27, 2019. The Shanghai event is modeled after a bigger annual industry show in Barcelona. Photographer: Qilai Shen/Bloomberg via Getty Images
AI
The Trump Administration Blacklisted Chinese A.I. Startups. But That Might Not Slow Them Down
By Naomi Xu ElegantOctober 10, 2019
SenseTime, World's Most Valuable AI Startup, Lands on US Entity List
AI
3 of China’s Leading A.I. Firms Land on U.S.’s Latest Blacklist
By Naomi Xu ElegantOctober 8, 2019
HONG KONG, CHINA - SEPTEMBER 30: Jan Craps (L), chief executive officer of Budweiser Brewing Company APAC Ltd., and Frank Wang, executive director, general counsel and joint company secretary of Budweiser Brewing Company APAC Ltd., react after striking a gong during the company's listing ceremony at the Hong Kong Stock Exchange (HKEX) on September 30, 2019 in Hong Kong, China. (Photo by Zhang Wei/China News Service/VCG via Getty Images)
Finance
Hong Kong Stock Exchange Is ‘Disappointed’ to Drop Bid for London’s LSE—But Shareholders Are Happy
By Naomi Xu ElegantOctober 8, 2019
IRWINDALE, CA JANUARY 30, 2015 -- David Tran owner of Huy Fong Foods Inc. that produces famous Sriracha sauce. (Photo by Irfan Khan/Los Angeles Times via Getty Images)
‘American Sriracha’: How a Thai Sauce That Migrated to the U.S. Became a Global Phenomenon
By Naomi Xu ElegantOctober 5, 2019
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