This is the largest mainland China IPO since 2010, and makes SMIC the most valuable Shanghai-listed tech company with a market cap north of $84 billion. The bottom line: “The share sale is an ……
Monthly Archives For July 2020
Coronavirus could cause US to lose Iraqi Kurdish region to China
Since the start of the COVID-19 crisis, China has been working to expand its influence over the KRG through medical aid. ( read original story …)
Taiwan Holds Military Drills Against Potential China Threat
Taiwan’s military fired missiles on Thursday in a live-fire drill to demonstrate its ability to defend against any Chinese invasion … ( read original story …)
In Coronavirus Vaccine Race, China Strays From the Official Paths
Beijing is offering several vaccine candidates to employees of state-owned companies and the armed forces, while also conducting clinical trials in other countries. ( read original story …)
Vendor Sells Pork at a Market in Beijing, China
A pork vendor waits for customers at her stall in a popular food market, used by top international hotels and restaurants, in Beijing on Thursday, July 16, 2020. The emergence of a coronavirus cluster ……
A Temple Park Remains Closed in Beijing, China
A historic temple park remains closed in Beijing on Thursday, July 16, 2020. China reported just one new confirmed case of the Covid-19 in the past 24 hours and two asymptomatic cases, as the U.S.…
Tencent-backed blockchain startup Everledger raises $7 million in bridge financing round
Blockchain solutions provider Everledger has raised $7 million in bridge financing, i.e., loan, typically taken to meet short-term working capital needs.The post Tencent-backed blockchain startup … ( read original story …)
Coronavirus live news: Israel faces prospect of new lockdown; Beijing Winter Olympics under threat
Israel reports new daily record of cases; if Tokyo Games don’t go ahead, Beijing 2022 also likely to be cancelled; Fauci says US could make end-of-year target; Bolsonaro tests positive again … ( read original…
China Reports Only One New Confirmed Coronavirus Case in 24 Hours
China experienced a slight resurgence of coronavirus cases last month after a cluster appeared around Beijing and spread. The country quickly clamped down around the outbreak, hei … ( read original story …)
China says its economy grew 3.2% in the second quarter this year, rebounding from coronavirus
China says its economy grew 3.2% in the second quarter this year, rebounding from coronavirus This year, China made a rare decision not to set a GDP target due to uncertainties from the impact of…
Stock futures fall as China data weighs ahead of bank earnings, economic data
U.S. stock index futures fell on Thursday after a surprise drop in China’s retail sales signaled a bumpy economic recovery, with investors now turning to the next set of quarterly bank earnings and … (…
China’s economy rebounds after steep slump, weak demand, U.S. tensions raise risks
China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to … (…
How China Became the First Major Economy to Grow After Coronavirus
The Chinese economy expanded 3.2% from a year earlier in the second quarter, and could be the only major global economy to grow in 2020. WSJ’s Jonathan Cheng explains the country’s strategy to … (…
