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In a move to diversify its economy beyond the gambling sector, Macau will not approve any casino projects over the next three years. Macau also said it will allow only 500 additional gambling tables. 70% of Macau's revenue comes from gambling.

Shen told Chinese financial news outlet Yicai in a 2016 interview posted to YouTube in 2019 about an internal Sequoia database that held 40 years of the firm's intelligence on the companies it had invested in and that Sequoia teams worldwide could access. Shen excelled, with investments in companies including food-delivery company Meituan and e-commerce platform Pinduoduo. Since Sequoia China uses the firm's name, the staff aides and officials argued, there must be more that Sequoia Capital can do. [Extracted from the article]

Hong Kong businessman Richard Suen won a case in 2008 against Las Vegas Sands Inc. and was awarded $58.6 million by the jury which found that he had aided the company to obtain by a Macao casino license by bringing together Chinese officials and company executives. Saying that the errors by the lower court required a new trial, the Nevada Supreme Court tossed out the ruling.

Australian mining companies are seeing their stock prices drop as they face a whopping 40% tax on their profits by the Australian government. Stock prices fell as the prospect of lower earnings was taken into account by investors.

The Hong Kong Securities and Futures Commission is looking for court approval to have Hontex International Holdings Co., a Chinese clothing company, to repay almost US$130 million to investors . The company is alleged to have given investors misleading or false information.