Latest news with #Chen

Miami Herald
4 hours ago
- Politics
- Miami Herald
New order by California judge protects some Venezuelan TPS holders from deportation
A federal judge has granted protection from deportation and work permits to as many as 5,000 Venezuelans who have Temporary Protected Status. U.S. District Judge Edward E. Chen in San Francisco on Friday granted an emergency motion filed by Venezuelan plaintiffs following last week's Supreme Court ruling that the Trump administration can deport some Venezuelans on TPS while a challenge wends its way through the courts. Chen's order involves two key dates: Jan. 17, 2025, when Alejandro Mayorkas, secretary of the Department of Homeland Security at the time, extended TPS for Venezuelans until next year, and Feb. 5, when the new DHS secretary, Kristi Noem, announced she was revoking the extension. In an 11-page ruling, Chen ordered the government to uphold the rights of TPS holders who received government documentation — such as work permits and/or TPS renewals — under Mayorkas's extension between between those two dates. 'If DHS granted that extension, it must honor it and comply with the court's order,' said Emi MacLean, a senior staff attorney for the American Civil Liberties Union who is among the lawyers representing the Venezuelans in the case. During Thursday's hearing, the government estimated that about 5,000 Venezuelans re-registered for TPS or work permits, a figure Chen referred to in his ruling. 'What we do know is that two of the named plaintiffs in our case do benefit from the order,' MacLean said. 'We also have named plaintiffs who fall outside the scope of Judge Chen's ruling—for example, those who received an automatic extension but only after February 5th. Additionally, we know there are people who made the effort to re-register but didn't receive any official notice in time to benefit from it.' The plaintiffs are represented by the Center for Immigration Law and Policy at UCLA School of Law, the ACLU Foundation of Southern California and the National Day Laborer Organizing Network. Noem revoked TPS protections for roughly 350,000 Venezuelans effective April 7 — stripping their right to work and exposing them to potential detention and deportation. Many affected individuals live in South Florida. After the Supreme Court ruling, Homeland Security updated its TPS guidance but has yet to clarify how it will implement the decision. On March 31, Chen blocked the Trump administration's attempt to revoke deportation protections for Venezuelans just days before their legal status was set to expire. Chen ruled that Venezuelan nationals with TPS could suffer 'irreparable injury' without a stay on their deportations. In April, a federal appeals court upheld Chen's stay, rejecting the government's request to lift it. However, on May 19 the Supreme Court issued a ruling favoring the Trump administration by allowing the termination of TPS to proceed while the case is litigated. The Supreme Court did not rule on the merits of the lawsuit, which was filed by seven Venezuelans and the National TPS Alliance in federal court in San Francisco. The high court clarified that its order does not prevent ongoing challenges to Noem's decision to cancel work permits and other official documents set to expire on Oct. 2, 2026.


Business Insider
4 hours ago
- Business
- Business Insider
UBS Sticks to Their Buy Rating for Akeso, Inc. (9926)
UBS analyst Chen Chen maintained a Buy rating on Akeso, Inc. (9926 – Research Report) yesterday and set a price target of HK$112.10. The company's shares closed yesterday at HK$83.80. Confident Investing Starts Here: Chen covers the Healthcare sector, focusing on stocks such as RemeGen Co. Ltd. Class H, Hangzhou Tigermed Consulting Co., Ltd. Class H, and Akeso, Inc.. According to TipRanks, Chen has an average return of 54.7% and a 78.57% success rate on recommended stocks. Currently, the analyst consensus on Akeso, Inc. is a Strong Buy with an average price target of HK$103.71, which is a 23.76% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a HK$87.00 price target.


Malaysia Sun
6 hours ago
- Entertainment
- Malaysia Sun
Across China: Drumbeats of fitness, tourism echo as dragon boats make waves across China
BEIJING, May 31 (Xinhua) -- As May draws to a close, the rhythmic thud of drums and the roar of cheering crowds are once again echoing across rivers and lakes throughout China. Amid splashing water and synchronized chants, dragon boats surge ahead in fierce competition as Chinese people celebrate Duanwu Festival on Saturday this year. For millennia, dragon boat racing has remained at the heart of Duanwu Festival, China's first traditional festival inscribed on UNESCO's list of Intangible Cultural Heritage. This explains why it is better known globally as the Dragon Boat Festival. With origins tied to the death of Qu Yuan, a loyal statesman and patriotic poet from more than 2,000 years ago, this ancient tradition has become a modern phenomenon, boosting the popularity of both public fitness and cultural tourism. In Zhejiang Province on China's eastern coast, this evolution was on full display earlier this week during the region's inaugural farmers' dragon boat invitational, as 12 amateur village teams from across the province gathered in the Yinzhou District of Ningbo City. Yu Youfen, from the neighboring city of Zhoushan, stood on the sidelines, still catching his breath after the 500-meter race. For the past fortnight, his team members had been training after their day jobs. "Some of us work in factories, others in fish farming," the team leader said. "Passion for dragon boat racing gives us a reason to come together, to fight for our community's pride." Among the cheering crowd stood a local resident surnamed Chen. His five-year-old son was perched on his shoulders, shouting with the crowd as another boat sped past. "This is already his fifth time watching dragon boat races," Chen said. "He just told me he wants to join the race one day." Boat racing in Yinzhou dates back more than 2,200 years, as evidenced by the discovery of an ancient bronze axe adorned with an image of men in feathered hats racing boats. At the event, a new provincial training base for village-level dragon boat teams was inaugurated in Yinzhou, in a step toward expanding access and reinforcing grassroots participation in this age-old tradition. The scene in Zhejiang echoes a nationwide surge in mass sports enthusiasm -- a result of China's ongoing efforts to enhance public fitness, seen as a cornerstone of the country's long-term ambition to become a leading sporting nation and build a healthy China. While the most iconic races remain concentrated in the water-rich southern regions, dragon boat activities are gaining traction across the country. According to preliminary estimates, dragon boat races will be held in 25 provinces nationwide during the three-day Duanwu holiday from Saturday to Monday. In south China's Guangdong, long regarded as a stronghold of dragon boat tradition, local races began as early as May 1. Over 100 races are scheduled around the holiday period in the provincial capital of Guangzhou alone. Among the races will be the high-profile 2025 Guangzhou International Dragon Boat Invitational Tournament. Set to be held on Sunday, the event, with a history of 40 years, will see the participation of 116 teams and over 4,000 competitors. Seven teams from Russia, the United States, Canada, Malaysia and Kazakhstan are expected to join the action. Meanwhile, in Beijing, the festival is being marked by a sports carnival of over 30 events extending beyond traditional boat racing to include paddleboarding, kayaking and other activities aimed at engaging the public in festive fitness. "The growing popularity of dragon boat racing is expected to attract more people to water sports, helping promote aquatic recreation across China," said Zhai Junshuai, general manager of a water sports club in the northern port city of Tianjin. Zhai also emphasized the potential of this dragon boat racing craze nationwide to invigorate the local economy, which is aligned with China's broader efforts to stimulate domestic consumption. National action plans released in March and April highlighted the integration of sports, culture and tourism as a strategic pillar, calling for more high-quality sports programs and distinctive events. Data from major travel platforms has showcased clear economic ripple effects. Tongcheng Travel reported a 270 percent week-on-week spike in searches for "dragon boat" as of May 19. Data from Group shows significant year-on-year growth in bookings for cities with dragon boat traditions. In Foshan, Guangdong, total travel orders rose 167 percent; in Miluo, Hunan Province, considered by many the birthplace of dragon boat culture, bookings jumped 85 percent. To capitalize on the enthusiasm, Guangzhou plans to host over 650 cultural and tourism events related to dragon boating during the holiday, enriching the city's offerings for visitors. More Chinese people are prioritizing health and leisure amid rising living standards, said Li Peigong, president of Shanghai Lixin University of Accounting and Finance. "A combination of sports and travel has become a go-to solution that caters to a wide range of needs." Meanwhile, observers underscore the need to further unleash the nation's sports consumption potential. "It is necessary to broaden access to fitness and sports programs nationwide. And teaching people how to play sports will be the first step to boost sports consumption," said Wang Yuxiong, head of the sports economics research center at Central University of Finance and Economics.


Mint
6 hours ago
- Politics
- Mint
Trump admin blocked from revoking work permits for 5,000 Venezuelans
Day after over 500,000 migrants, including Venezuelans, lost their right to temporarily live and work in the United States after the Supreme Court ruling, a federal judge on Saturday, May 31, prevented the Trump administration from canceling work permits and legal documents for about 5,000 Venezuelans. US District Judge Edward Chen in San Francisco said in a ruling that Homeland Security Secretary Kristi Noem likely exceeded her authority when she invalidated those documents. On May 19, the US Supreme Court lifted an order Judge Chen had issued preventing deportation protection to Venezuelans. But the high court stated specifically it was not preventing any Venezuelans from still challenging Noem's related decision to invalidate documents they were issued pursuant to that program that allowed them to work and live in the United States. Such documents were issued after the US Department of Homeland Security in the final days of Democratic President Joe Biden's tenure extended the TPS program for the Venezuelans by 18 months to October 2026, an action Noem then moved to reverse. Also Read | Trump Administration offers $1,000 to illegal migrants who voluntarily self-deport The temporary protected status is granted to people or migrants who had experienced a natural disaster or armed conflict in their home countries. Judge Chen figured that the administration estimated only about 5,000 of the 350,000 Venezuelans held such documents. 'This smaller number cuts against any contention that the continued presence of these TPS holders who were granted TPS-related documents by the Secretary would be a toll on the national or local economies or a threat to national security,' Chen said. Just a day ago, the Supreme Court let the Trump administration immediately strip the legal right to temporarily live and work in the US from as many as half a million people from Cuba, Haiti, Nicaragua and Venezuela.


The Sun
8 hours ago
- Politics
- The Sun
US judge prevents Trump from invalidating 5,000 Venezuelans' legal documents
A federal judge prevented the Trump administration from invalidating work permits and other documents granting lawful status to about 5,000 Venezuelans, a subset of the nearly 350,000 whose temporary legal protections the U.S. Supreme Court last week allowed to be terminated. U.S. District Judge Edward Chen in San Francisco in a Friday night ruling concluded that Homeland Security Secretary Kristi Noem likely exceeded her authority when she in February invalidated those documents while more broadly ending the temporary protected status granted to the Venezuelans. The U.S. Supreme Court on May 19 lifted an earlier order Chen issued that prevented the administration as part of President Donald Trump's hardline immigration agenda from terminating deportation protection conferred to Venezuelans under the Temporary Protected Status, or TPS, program. But the high court stated specifically it was not preventing any Venezuelans from still challenging Noem's related decision to invalidate documents they were issued pursuant to that program that allowed them to work and live in the United States. Such documents were issued after the U.S. Department of Homeland Security in the final days of Democratic President Joe Biden's tenure extended the TPS program for the Venezuelans by 18 months to October 2026, an action Noem then moved to reverse. TPS is available to people whose home country has experienced a natural disaster, armed conflict or other extraordinary event. Lawyers for several Venezuelans and the advocacy group National TPS Alliance asked Chen to recognize the continuing validity of those documents, saying without them thousands of migrants could lose their jobs or be deported. Chen in siding with them said nothing in the statute that authorized the Temporary Protected Status program allowed Noem to invalidate the documents. Chen, an appointee of Democratic President Barack Obama, noted the administration estimated only about 5,000 of the 350,000 Venezuelans held such documents. 'This smaller number cuts against any contention that the continued presence of these TPS holders who were granted TPS-related documents by the Secretary would be a toll on the national or local economies or a threat to national security,' Chen wrote. The Department of Homeland Security did not respond to a request for comment on Saturday. Chen ruled hours after the U.S. Supreme Court in a different case allowed Trump's administration to end the temporary immigration 'parole' granted to 532,000 Venezuelan, Cuban, Haitian and Nicaraguan migrants under a different Biden-era program.