Geopolitics Alpha

Hello Kitty company cuts ties with Japanese spy show after China outcry

Published . Updated .

GEOPOLITICS ALPHAHello Kitty company cuts ties withJapanese spy show after ChinaoutcrySNROYWBGEOPOLITICS ALPHA

Sanrio ends association with TV drama Vivant after China says portrayal of ruthless Chinese agents is ‘deliberate smear’ The company behind the successful Hello Kitty franchise has apologised and ended its commercial tie-up with a Japanese TV drama after Chinese state media and netizens condemned the show’s “deliberate smears” against China. Sanrio, a Japanese firm whose characters are popular around the world, said in a post on the Chinese social media site Weibo that it had decided to end its association with the TV drama Vivant after concluding that it “contained elements inconsistent with Sanrio’s core values”. Continue reading...

Directly affected

  • SNROY Sanrio

    Named in this report.

  • WB Weibo

    Named in this report.

Indirectly affected

  • FXI iShares China Large-Cap ETF-4.2% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • EWJ iShares MSCI Japan ETF-0.2% 30d

    iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“japanese”).

  • BABA Alibaba Group Holding-7.6% 19d

    Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

  • NTES NetEase

    NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

  • JD JD.com-0.7% 8d

    JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

  • BIDU Baidu-11.5% 30d

    Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.

  • MUFG Mitsubishi UFJ Financial Group

    Mitsubishi UFJ Financial Group (commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“japanese”) reaches its shares.

  • TM Toyota Motor+2.2% 30d

    Toyota Motor (motor vehicles and passenger car bodies) is one of the largest Japan-based companies traded in the US, so news about Japan (“japanese”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SNROYNo price data for this ticker———————
WB+2.34%+0.00%baseafter closeafter closeafter closeafter close
FXINo price data for this ticker———————
EWJNo price data for this ticker———————
BABANo price data for this ticker———————
NTESNo price data for this ticker———————
JDNo price data for this ticker———————
BIDUNo price data for this ticker———————
MUFGNo price data for this ticker———————
TMNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Sanrio ends association with TV drama Vivant after China says portrayal of ruthless Chinese agents is ‘deliberate smear’ The company behind the successful Hello Kitty franchise has apologised and ended its commercial tie-up with a Japanese…

Source: The Guardian

This story

CompanyWhenMoveStatus
WBthree days earlier0.00%final price
WBfive days earlier+2.34%final price

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Hello Kitty company cuts ties with Japanese spy show after China outcry” scores 12 out of 100. The score uses 1 sources.