SILICON DRAGON NEWS

www. Silicon D ragonV entures.com       @SiliconDragon        Sept. 30, 2019    
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TECH TITANS 
OF CHINA

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FEATURED EVENTS
 
Celebrating
China Innovations
Burlingame Library
(where I wrote some of my new book)
SF Bay Area
Refreshments, reception, book talk: Free and open to the public

Silicon Dragon 
London 2019

Silicon Dragon 
Shanghai

Upcoming 
Book Talks

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Palo Alto
Stanford University
Book Signing
October 2 

Los Angeles
SoCal Innov
ation
Forum
..
Portland, Ore. 
NW China Council
.
Washington, DC
Brookings Institution
US-China Business Council

StartupCon 2019
Seoul
October 16-18

Oxford
China Centre
October 21 
..
London
How To Academy
October 21  

London
Conduit Club  
October 22
..
Seattle 
Country club
October 30

Shanghai
AmCham Shanghai
November 4
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Hong Kong
Cyberport VC Forum
..
Hong Kong
Foreign Correspondents Club
November 6
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Singapore
Blk 71
November 7
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Hong Kong
AmCham Hong Kong
November 14

Tokyo 
November 15
..
Greenwich, CT

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Rebeccafannin
A Ban on China IPOs Could Backfire and Strengthen China's Resolve to Get Ahead  

The rumors of a possible ban on Chinese companies listing in the U.S. has been circulating for several months but went public this past week with news that the White House has been considering such a block.
If such a move does happen, it would have a major impact on China's technology innovation boom. Stocks of many Chinese tech companies dropped on Friday as the news caused jitters among investors. The backdrop is an escalating US-China tech conflict over China's rising influence and power in the technology world and growing protectionism and regulations by the U.S. to push back China and keep America in the global leadership stance.
An increasing number of Chinese tech companies have gone public in recent years in the U.S. In 2018, 31 Chinese companies raised $8.5 billion on the New York Stock Exchange and Nasdaq out of a total 190 U.S. IPOs that pulled in $47 billion. The year before, in 2017, 16 Chinese companies raised $3.3 billion.
Read Forbes: Backfire Policy

WeWork arrived in China in 2016, looking to the market as an attractive growth opportunity. Now with the halt of its U.S. IPO, its China business may face a cash crunch at a time when a charged up Chinese competitor, Ucommune, is aiming for its businesses.
The U.S. co-working outfit jumped right into China's booming office-share market, forming a standalone entity WeWork China, and plotting acquisitions and expansion, supported by mega funding. Within two years, WeWork bought Chinese co-working startup nakedHub from Shanghai-based luxury resort operator Naked Group for a cool $400 million, then scooped up 25 nakedHub locations in Beijing, Shanghai, and Hong Kong, to add to its own 13 spots in China.
Then-CEO Adam Neumann took a money-making lesson from nakedHub's operation in trendy Xintiandi: renting office space on a flexible, come-as-you-like basis, with no monthly contract. WeWork quickly launched the feature as WeWork Go
China's co-working market has taken off with the entrepreneurial boom, but the office sharing space is now over-crowded with many fumbles. Look for WeWork and its key challenger Ucommune to fight it out. 
Read Forbes: WeWork in China

  • Key Points from Tech Titans of China interview with CNBC
  • "For years, Silicon Valley looked down on China tech and believed it was only copying. But today, there is awareness that China is innovating and getting ahead in certain tech arenas," says Rebecca Fannin, author of "Tech Titans of China."
  • The world's second-largest economy is already showing some good progress in its push on homegrown industries such as artificial intelligence and chips.
  •  The U.S. needs a national technology agenda and increased investment in research and development to retain its edge.
  • China's tech ambition is unstoppable - trade war or not.
  • Read full CNBC article: China ambitions
Book Event Highlights
China Institute
September 23

..
VC TaskForce
Palo Alto

Harvard Club NY
September 18
September 24

 




Featured Video
Tech Titans of China - SF 2019 / Q&A with the Author/ Silicon Dragon & AAMA-SV Present
Tech Titans of China - SF 2019 Q&A with the Author 

Click to see photos and more videos from the event:
Book launch event at
SF Yacht Club, Sept. 27