The US presidential election is far from decided. But Chinese markets may already be getting jittery about the possibility that President Donald Trump could pull out a second term. ( read original story …)
Monthly Archives For November 2020
In China, bemusement and scorn over unresolved U.S. election
Chinese social media users watched election day in the United States with bemusement and mockery, as President Donald Trump complained of a “major fraud on our nation” and falsely claimed victory … ( read original…
Ant Group: China yanks IPO to show Jack Ma who’s really in charge
Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the brakes on Ant … ( read…
China says U.S. sends out ‘wrong signals’ to Taiwan on proposed drone sale
U.S. relations have plunged to their lowest level in decades amid disputes about security, technology, the coronavirus pandemic and human rights. ( read original story …)
Debut of Chinese e-finance giant derailed by fear of risks
The world’s biggest online finance company was racing toward a stock market debut when it was derailed by Beijing’s anxiety about risks in the fledgling industry, jarring global investors and … ( read original story…
China halts Ant Group’s $37bn listing
China called a halt to the $37bn (£28.5bn) listing of Ant Group on Tuesday (3 November), after billionaire founder Jack Ma was called to a meeting with financial regulators. The Ant Group IPO this ……
Beijing says it halted $37bn Ant IPO to protect market stability
Beijing said its suspension of the $37bn listing of Ant Group, controlled by China’s richest man Jack Ma, was needed to protect the country’s capital markets as investors reeled from the eleventh-hour … ( read…
Market ties between China, U.S. set to deepen regardless of who wins White House
As the world awaited definitive results from the U.S. presidential election, Chinese investors betting on the re-election of Donald Trump sent shares of a Shenzhen-listed air traffic control software … ( read original story …)
China’s Fosun to seek approval for BioNTech’s COVID-19 second vaccine, ends trials on first
BioNTech’s Chinese partner Shanghai Fosun Pharmaceutical Group does not plan to run further clinical trials of the German firm’s coronavirus vaccine candidate that has completed early-stage trials in … ( read original story …)
Cointelegraph China Shanghai event reveals the next crypto boom
Cointelegraph China successfully held the “Cointelegraph China Shanghai Blockchain Week,” sponsored by CyberVein, Nova Club Capital and Crypto Millions Lotto. ( read original story …)
Is China Pressuring Hong Kong to Crack Down on Cryptocurrency?
Hong Kong is tightening its crypto regulations, but it may be acting in the shadow of China. Many of the biggest exchanges could be affected. ( read original story …)
‘It’s a joke’: retail investors shocked as China halts Ant Group’s IPO
Mom-and-pop investors who put in bids worth a record $3 trillion in China’s Ant group – equivalent to Britain’s annual economic output – were stunned after regulators abruptly suspended what would … ( read original…
How the oil industry and U.S.-China relationship could fare under a Biden or Trump presidency
Helima Croft, RBC Capital Markets global head of commodity strategy, and Dewardric McNeal, Longview Global senior policy analyst and a former China policy expert with the Department of Defense under … ( read original story…
