@TheCelticCross Hello! A lot of information in that article is either not true or has been distorted by misinformation that proliferates online. We have addressed such misinformation on multiple occasions in the past, and you can find some of our statements in our blog.
In summary:
Opera is headquartered and registered in Norway. This means we comply with Norwegian and European regulations, including the GDPR. As a public company that trades on the NASDAQ stock exchange, Opera has investors from all over the world, and Kunlun Tech is the largest one. However, Kunlun's shares in Opera do not give Kunlun access to Opera's data, nor make it a part of the Opera group of companies. Therefore, any issues of jurisdiction to Chinese laws do not apply to Opera in any way.
The video they link to is full of inaccuracies and misinformation which we also have addressed.
Specifically about the VPN mention: Opera's VPN actually does have full encryption - AES-256 encryption, specifically. It does not send data to Chinese servers or to any servers, nor does it store data because it is a no-log service. To support this fact, the VPN has been independently audited by Deloitte - a Big Four auditor that has audited several other trusted VPN services. You can find more information about that here. In addition, we publish a Transparency Report twice a year that outlines how many requests for data we get from authorities, how many are granted (so far: zero), and how this process works.
We hope this information helps. Please let us know if you have any further questions.