China ordered the shutdown of nearly all domestic bitcoin mining operations, as concerns rise about its environmental impact, according to state media.
Monthly Archives For June 2021
Blackstone bids to buy office developer Soho China for $3B
Blackstone Group has made an offer to buyout Beijing-based developer Soho China Ltd. for $3.05 billion. If the deal goes through, it would be Blackstone’s biggest bet on Chinas …
China’s first infrastructure REITs make stable debuts
China’s first batch of infrastructure real estate investment trusts made their stock market debut Monday, with all nine trusts seeing increases.
World’s space powers should explore ways to work with China: former ISS commander
The world’s space powers should find ways to overcome “political inertia” and work with China to explore worlds beyond Earth, according to Canadian astronaut who worked on both the Russian and …
Ambassadors take closer look at China’s modern transport
More than 30 ambassadors on Monday visited China’s Ministry of Transport, where they got to see more of China’s key transport developments.
China’s central bank urges Alipay and banks to crack down on crypto speculation
The People’s Bank of China said it summoned payments firm Alipay and several major lenders to tell them they must not provide crypto-related services.
China central bank urges tougher crackdown on cryptocurrencies
China’s central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading.
Not smarting from US sanctions, SenseTime says its IPO is on again
Face biometrics giant SenseTime is again pushing forward with a planned IPO which is expected to raise as much as $2 billion on the Hong Kong stock exchange.
Beijing Sun-Novo Pharmaceutical Research’s IPO to debut on SSE STAR Market
Beijing Sun-Novo Pharmaceutical Research (688621) to start trading on the Shanghai Stock Exchange’s STAR Market June 21, Monday. The firm has issued 20 mln shares priced at RMB 26.89 per share raising …
Beijing threatens to destroy Great Barrier Reef economy with Chinese UN plot
Beijing has been secretly plotting with a China-chaired United Nations committee to have the environmental health status of Australia’s Great Barrier Reef downgraded.
India in ‘close touch’ with Sri Lanka amid concerns over new Colombo-Beijing bonhomie
Foreign Minister Jaishankar speaks to Sri Lankan counterpart Gunawardena Monday. Interaction comes days after MEA asked Sri Lanka to be ‘mindful’ of bilateral ties between Delhi and Colombo.
China Tower deploys over 100 5G base stations for Beijing 2022
China Tower is working in coordination with China Mobile, China Telecom and China Unicom to deploy 5G infrastructure at the venues …
Bitcoin, Ethereum, Dogecoin price drops with China power chops
Chinese government officials cut power to cryptocurrency mining operations on Monday morning, resulting to an immediate drop in price for the coin and related cryptocurrency. This is the latest in …
ADVERTISEMENT
