China’s non-crypto companies that are listed on the U.S. stock market have entered bitcoin and Ethereum mining while crypto’s bull run. ( read original story …)
Monthly Archives For February 2021
Sei Investments Co. Has $9.76 Million Holdings in China Mobile Limited (NYSE:CHL)
Sei Investments Co. lowered its stake in China Mobile Limited (NYSE:CHL) by 6.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 342,484 shares of the Wireless … ( read original story …)
China rules record compensation for technology theft
BEIJING – China’s top court ordered a record high compensation of 159 million yuan (around $24.6 million) for the theft of technology secrets in an appeal case on Friday. It is believed to be the…
Alibaba is back in Beijing’s good books for helping to fix poverty
Jack Ma‘s tech empire may still be facing tough new regulations in China, but Alibaba seems to have won at least a little bit of favor this week from President Xi Jinping. Alibaba was one…
Shenzhen FC Cameroon striker to play in J-League due to pandemic restrictions
John Mary of Shenzhen FC gestures after the 17th round match against Shijiazhuang Ever Bright at 2020 season Chinese Football Association Super League (CSL) in Dalian, northeast China’s Liaoning … ( read original story …)
China policy and markets round-up: Beijing hones in on green finance, southbound Bond Connect to launch before year-end, BOC, ICBC name new presidents
In this round-up, the State Council calls for more efforts in the development of green finance in China, regulators plan to kick off southbound trading under Bond Connect by the end of 2021, and large…
China Bank bucks pandemic downturn, posts double-digit profit growth
Sy family-led China Banking Corp. bucked the downturn in corporate earnings caused by the COVID-19 pandemic in 2020, posting a double-digit growth in profits while hitting the … ( read original story …)
China bond house: Bank of China
China’s economy was the first to be hit by the Covid-19 pandemic in early 2020, and Bank of China took a leading role in mobilising the capital markets in response. On February 11, shortly after…
Redmi K40 will be released outside of China under the Poco brand
According to sources, the Redmi K40 smartphone series, which was announced yesterday in China, will appear in other countries of the world under the Poco … ( read original story …)
Jack Ma’s Alibaba is back in Beijing’s good books for helping to fix poverty
Jack Ma’s tech empire may still be facing tough new regulations in China, but Alibaba seems to have won at least a little bit of favor this week from President Xi Jinping. ( read original…
The pandemic has worsened Africa’s debt crisis. China and other countries are stepping in.
With the covid-19 crisis exacerbating economic crisis in Africa’s low-income countries, economists and other experts argue that debt relief is essential. While the Trump administration and others have … ( read original story …)
China Trucking Startup Files Confidentially for U.S. IPO
China’s Uber-like startup Full Truck Alliance has confidentially filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the … ( read…
China’s ANE Logistics Weighs $500 Million Hong Kong IPO
Shanghai ANE Logistics Ltd., a less-than-truckload shipping operator backed by Carlyle Group Inc., is weighing a Hong Kong initial public offering that could raise about $500 million, according to … ( read original story …)