jimmer fredetter



Former NBA shooting guard and college standout Jimmer Fredette had a big night for the Shanghai Sharks of the Chinese Basketball Association on Friday night, dropping 51 points in a 111–88 win. Fredette shot 18 of 31 from the field, hitting nine three-pointers and adding 10 rebounds and six assists. Fredette, a first-round pick in 2011 out of BYU, has bounced around the NBA in recent years. After signing with the Bulls in 2014, he joined the Pelicans, then played for the Westchester Knicks of the D-League before being called up by the Knicks last season. He was named to the All-NBA D-League Second Team.


Source : Internet

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China defends tech crackdown in meeting with Wall Street chiefs

BEIJING: China’s top regulators defended their market-roiling crackdown on various industries in a meeting with Wall Street executives, while reassuring them the stricter rules aren’t aimed at stifling technology companies or the private sector.

China Securities Regulatory Commission Vice Chairman Fang Xinghai said recent actions were to strengthen regulations for companies with consumer-facing platforms, and improve data privacy and national security, according to a person familiar with the talks, who asked to not be identified because the meeting was private. Fang defended the moves such as those aimed at the education and gaming industries as meant to reduce social anxiety.

Global investors have been unnerved by the regulatory onslaught from Beijing

Evergrande says six execs redeemed investment products in advance

BEIJING: Six executives of China's heavily indebted Evergrande had redeemed some of the company's investment products in advance earlier this year, the property group said on Saturday.

Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said in a statement on its website, without identifying the executives or giving details on the nature of the products.

"Regarding the early redemption of Evergrande wealth investment products by some managers, the group company views the matter seriously," the company said.

Evergrande said it had requested that all the funds redeemed by the six managers in advance be returned within a certain time frame.

Severe penalties would also be imposed, it said.

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