China’s coast guard detained a group of Hong Kong activists after intercepting a boat in the South China Sea en route to Taiwan. ( read original story …)
Monthly Archives For August 2020
TikTok CEO Kevin Mayer resigns over U.S.-China dispute
TikTok CEO Kevin Mayer told employees he’s stepping down because the video-sharing company has become the subject of new tensions between the United States and China. ( read original story …)
360 Finance’s Affiliate Has Received Regulatory Approval for its Acquisition of 30% Stake in Kincheng Bank of Tianjin
(GLOBE NEWSWIRE) — 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a data driven, technology empowered digital platform, today announced that 360 Group, one of its affiliates, has … ( read original story…
China’s Xpeng IPO raises $1.5 billion for smart EV technologies, expansion
Chinese electric vehicle (EV) maker Xpeng said on Thursday it has increased the size of its U.S initial public offering (IPO) by more than a third to about $1.5 billion, as global investors race to…
Coronavirus: did diplomatic tensions scuttle China-Canada vaccine trial?
The process is not clear to the NRC, but CanSino does not have the authority to ship the vaccine at this time,” the council was quoted as saying. “Due to the delay in the shipment…
China-U.S. tensions on display in South China Sea and at RNC
“The U.S. has continued to provoke and sow troubles,” a Defense Ministry spokesman said. “The Chinese military will not dance to the tune of the U.S.” … ( read original story …)
Is the ‘Shopify of China’ Losing Its Momentum?
Its adjusted net income surged 73% to 146 million yuan ($20.7 million), or $0.35 per ADS — which also topped expectations by $0.11. But in the third quarter, Baozun expects its revenue to rise just…
China intercepts boat with activists suspected on board
Hong Kong media reports say Chinese authorities have arrested at least 10 people, including a Hong Kong pro-democracy activist, after its coast guard intercepted a speedboat believed to be heading to … ( read original…
360 Finance: The Best Is Yet To Come
Source: Capital Watch 360 Finance, Inc. (QFIN) has just announced its Q2 results. The financial performance delivered by the company in Q2 is one the best since its IPO. The operating efficiency and … (…
Is it a good time for business between the U.S. and China?
The 37-year-old entrepreneur is a distributor for U.S. brand ScaleBlaster’s water-descaling system. Because of the U.S.-China trade war, he has to pay an additional 5% in tariffs to import goods into … ( read original…
China Fires Missiles Into South China Sea, Sending U.S. a Message
By Steven Lee Myers and Keith Bradsher China has fired a barrage of medium-range missiles across considerable distances into the South China Sea, Beijing’s latest move to demonstrate its strategic … ( read original story…
China’s Xpeng Motors raises $1.5 billion in bumper New York IPO
Xpeng Motors has raised more money than expected from its New York initial public offering despite the souring of US-China relations. ( read original story …)
China criticizes US sanctions over South China Sea buildup
China has accused Washington of violating international law by imposing sanctions on officials and companies over Beijing’s military buildup in the disputed South China Sea but gave no indication of p … ( read original…