China Finance Inc
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Financials : Capital Markets |
Company profile

China Finance, Inc., through its wholly owned subsidiary, Shenzhen Hua Yin Guaranty and Investment Limited Liability Corporation (SHY), is engaged in providing surety guarantees for privately owned small and medium enterprises (SMEs) (or operating companies) in the People’s Republic of China entering into transactions, whereby the SME will be acquired by a publicly traded United States reporting company in a reverse merger or other merger and acquisition transaction; providing loan guarantees to assist SMEs and individuals in China in obtaining loans from Chinese banks for business operations and/or personal use, and making direct loans to SMEs for business operations. In addition, the Company is seeking direct investments (including, without limitation, controlling investments) in SMEs that would be made through the Company’s wholly owned subsidiary, Value Global International Limited.

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YouTube is testing free, ad-supported streaming channels, report says

1:24 pm ET January 13, 2023 (MarketWatch)

By Jon Swartz

Video platform is testing the concept with select media partners

YouTube is testing a new hub of free, ad-supported streaming channels, putting it on a competitive collision course with Roku Inc., Paramount Global's Pluto TV and Fox Corp.'s Tubi.

Alphabet Inc.'s (GOOGL)(GOOGL) video platform is in discussions with entertainment companies about featuring their movies and shows on the channels and is testing the concept with select media partners, according to a Wall Street Journal report.

"We're always looking for new ways to provide viewers a central destination to more easily find, watch and share the content that matters most to them," a YouTube spokesperson said.

YouTube hauled in $7.1 billion in advertising revenue in its fiscal third quarter, 13% of Google's total ad sales, but it was the first decline since Alphabet started reporting the video unit's financial performance in 2020.

YouTube has recently undertaken several streaming gambits, including paying $2 billion a year for rights to the National Football League's Sunday Ticket franchise, as well as creating a marketplace that lets users sign up for paid streaming services.

-Jon Swartz


(END) Dow Jones Newswires

January 13, 2023 13:24 ET (18:24 GMT)

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