Chinaccelerator Daily Digest Sep 1, 2021

Sep 1 – Chinaccelerator Daily Digest: Five Headlines you need to know 

1. 1. Tencent Holdings has ended all exclusive music copyright agreements after Chinese regulators barred it from such deals last month. It would continue to cooperate and engage with other parties in a non-exclusive way. Reuters
      
   2. Video platform Bilibili has joined a group of investors in a $500 million investment in Zeekr, a new premium electric vehicle unit of the Chinese automaker Geely, becoming the latest rising Chinese internet firm entering the booming electric vehicle sector. Geely Statement in Chinese
      
   3. China’s securities regulator wants to see more blockchain technology in the country’s financial and securities sector. Technode
      
   4. Irish-American payment company Stripe begin to support UnionPay International, the overseas subsidiary of UnionPay, China’s largest payment network, facilitating transactions in China’s currency in markets, like Australia, Singapore, US, UK, and EU. Stripe
      
   5. Climate change: sustainability becomes increasingly important factor for wealthy investors in Hong Kong and Singapore. More than 60 per cent of affluent, high-net-worth individuals said sustainability plays a key role in their investment decisions. SCMP