DAILY BRIEF: Jul 1, 2022

1
Two Tencent VPs Are Demoted as Chinese Internet Giant Streamlines Core Management
Two of Tencent Holdings’ vice presidents have been asked to step down and they will also relinquish other key positions as the Chinese internet giant reshuffles top talent to enable core management to better focus on their business priorities. Yicai Global
2
China's Tech Giants Promise Speculation-Free NFTs
The future of non-fungible tokens is getting more clarity in China as the country's tech giants come together to formulate standards for the nascent industry. Yahoo! Finance
3
Shanghai Disneyland Reopens Gates
Shanghai Disneyland officially reopened its gates on Thursday after a three-month closure, as the latest COVID outbreak subsided in the city where merchants and businesses are returning to business as usual. China Daily