Agriculture Bank of China (AgBank), the country’s third largest lender by assets, said on Monday that it was following guidance from the central bank to clamp down on cryptocurrency trading and mining …
Monthly Archives For June 2021
China’s most famous liquor fetches nearly $1.4 million at auction
A rare case of China’s fiery national liquor has sold for more than $1 million, more than five times what experts had estimated it would fetch. Sotheby’s announced on Friday that it had sold a…
View from Away: President Biden’s tougher stance on China will make the US more competitive
In this great race of superpowers, the U.S. must take China head-on. Former President Donald Trump began ramping up pressure on the Chinese, and now President Joe Biden is working toward a sweeping …
Bitcoin drops as China intensifies crypto mining crackdown
China’s crackdown on cryptocurrency mining has extended to the southwestern province of Sichuan, according to reports. Bitcoin sank Monday on reports that China has intensified its crackdown on …
China has administered more than 1 billion doses of its Covid-19 vaccines
As of Saturday, 1,010,489,000 doses had been given to people in China, and more than 100 million doses were administered in six days.
Bitcoin slumps in wake of China crackdown
By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) -Bitcoin tumbled as much as 9% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market …
China Evergrande plans to repay $1.5 bln bond due June 28 this week – source
China’s most indebted property developer Evergrande Group plans to repay its $1.47 billion offshore bond maturing next Monday this week, ahead of schedule, a source close to Evergrande said. In recent …
China Industrial Bank and 4Paradigm start AI platform acceleration mode Millisecond credit card transaction anti-fraud system is online
Recently, based on the low-threshold, automated AI platform created by 4Paradigm specialized for Industrial Bank, the Industrial Bank Credit Card Center launched a millisecond-level intelligent …
China deposit rate reform to have limited impact – industry body
China’s reforms to the way banks calculate deposit rates will have only a limited impact on financial institutions and depositors, and banks do not need to sharply adjust deposit rates, an industry …
HUTCHMED Announces NMPA Approval of Surufatinib (Sulanda(R) in China) for Advanced Pancreatic Neuroendocrine Tumors
Limited (” HUTCHMED “) (Nasdaq/AIM: HCM) today announces that surufatinib has been granted approval for drug registration by the National Medical Products Administration of China (“NMPA”) for the …
Cryptocurrencies tumble amid China crackdown on bitcoin miners
Cryptocurrencies tumbled on Monday as China’s crackdown on bitcoin mining expanded to the province of Sichuan.
China Unicom CFO resigns
China Unicom (Hong Kong) has announced that Zhu Kebing has resigned from his position of executive director and chief financial officer of the company, effective immediately. Kebing’s resignation is …
Hong Kong-Listed Auto, Telecommunications Stocks Rise in Midday Trade
By Justina Lee Hong Kong-listed auto and telecommunications stocks were higher at midday trade Monday, propelled by China’s policy moves and a relative …
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