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XIAOMI-W, 5 Other CN Firms Accused of Illegally Sending EU User Data to CN
Austrian advocacy group, Noyb, named TikTok, Shein, XIAOMI-W (01810.HK) and three other Chinese companies in a privacy complaint on Thursday (16th), accusing them of illegally send...
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Austrian advocacy group, Noyb, named TikTok, Shein, XIAOMI-W (01810.HK)  +1.200 (+3.235%)    Short selling $565.49M; Ratio 17.511%   and three other Chinese companies in a privacy complaint on Thursday (16th), accusing them of illegally sending EU user data to China, marking the first complaint filed by the group against Chinese firms, according to Reuters.

BABA-W (09988.HK)  +1.050 (+1.203%)    Short selling $319.11M; Ratio 12.834%   's AliExpress, Shein, TikTok and XIAOMI-W admitted to sending European users' personal data to China, Noyb added.

Related NewsCLSA Forecasts Alibaba (BABA.US) Last Qtr Rev. Growth to Improve to 5.5% YoY, Rating Kept Outperform
PDD Holdings (PDD.US)      's Temu and TENCENT (00700.HK)  +5.600 (+1.416%)    Short selling $309.01M; Ratio 5.410%   's WeChat claimed to have sent data to an undisclosed “third countries,” but Noyb believed that China may also have been the final recipient of the data.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-28 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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