The U.S. bank’s asset-management arm plans to take a 10% stake in the wealth subsidiary of China Merchants Bank, marking the first time a Chinese bank has opened up its wealth-management subsidiary to … (…
Monthly Archives For March 2021
Asian markets follow Wall St lower after Fed bump
Asian stock markets have followed Wall Street lower after rising bond yields dampened enthusiasm about the Federal Reserve’s promise to keep interest rates low … ( read original story …)
JPMorgan Asset Management to invest in China bank’s wealth management unit
HONG KONG (Reuters) – China Merchants Bank Co Ltd said on Friday its wealth management unit is expected to receive investment of 2.7 billion yuan ($414.80 million) from JPMorgan Asset Management (Asia … ( read…
How Close Are China and Germany? Consider ‘Little Swabia.’
The city of Taicang illustrates the tight ties between the countries — and how difficult it could be for President Biden to win allies in his campaign to isolate Beijing. ( read original story …)
Video of China’s Put Down of U.S. During Tense Meeting Goes Viral
U.S. Secretary of State Antony Blinken engaged in a strongly worded exchange with China’s top diplomat on Thursday during a two-day summit in Alaska. An edited video of the exchange, which has been … (…
Smart partners with China Mobile for 5G roaming
Smart Communications Inc. has partnered with Chinese state-owned China Mobile to rollout 5G roaming services. The partnership, Smart said, further expands its 5G roaming coverage in key markets … ( read original story …)
FCC confirms action to ban China Unicom and units of CITIC Telecom
The US has taken the next, decisive step to prevent China Unicom and two companies owned by CITIC Telecom from operating in its territory … ( read original story …)
Coronavirus started circulating in China in October 2019, study claims
The first case of a human infected with SARS-CoV-2, the virus which causes Covid-19, may have occurred in China’s Hubei province as early as October 7, 2019. Only in mid-December, two months later, … (…
Beijing blames U.S. for ‘explosive’ Alaska meeting
The first high-level U.S.-China meeting of the Biden administration got off to a fiery start on Thursday (March 19) in Achorage with both sides levelling sharp rebukes of the others’ policies in a … (…
Domestic Consumers, Overseas Supporters Grab up Taiwanese Pineapples After China Import Ban
Consumers in Taiwan and sympathizers overseas have gone on a pineapple buying spree this month to support local growers who were stung by a sudden ban on imports by the island’s political rival China ……
China’s Didi Chuxing is eyeing a mega-IPO next quarter that values the ride-hailing service above $62 billion, report says
Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in its last funding round, Bloomberg said. ( read original story …)
Chinese inflammatory disease biotech Connect Biopharma prices upsized US IPO at $17 high end
Connect also plans to initiate additional trials in asthma and chronic rhinosinusitis with nasal polyps in the 1H21 and in AD patients in China in the 2H21 … biotech Connect Biopharma prices upsized … (…
China Tech Investor: Chinese antritrust exceptionalism, with Angela Huyue Zhang
Recorded live on Clubhouse, Elliott chats with University of Hong Kong professor Angela Zhang about her new book “Chinese Antitrust Exceptionalism.” … ( read original story …)
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