Hong Kong hotels struggling as government U-turn leaves travelers racing to rebook rooms; Hopes of travel recovery dashed by Delta variant.
Founded in 2002, Sqills hasn’t raised outside investment.
Chinese officials respond to school reopening, travel concerns; China’s antitrust regulator planning to fine Meituan about $1 billion.
Even as the Vision Fund recorded a USD 4bn paper loss on Didi, the value of many of its tech investments outside China has soared with booming public markets.
As of 9 am on Wednesday, 660 inbound and outbound flights at the Zhengzhou Xinzheng International Airport were canceled, accounting for about 70 percent of total flights.
Many train services across Henan, a major logistics hub in central China, have been suspended. Many highways have also been closed and flights delayed or canceled.
Airport parking service provider Feibotong raises $3.85 million; Trip.com could cut its Huazhu stake from 6.9% to 3.0% in future exchange deals.
The train is expected to be put into service 5 to 10 years later.
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