Huobi has dropped the maximum allowable trading leverage from 125x to less than 5x for existing exchange users, and not allowed new users based in China to engage in derivative trading.
Monthly Archives For June 2021
Joe Biden Wrecks China’s Plans to Divide U.S. and Europe
Despite hesitation among European leaders to overtly challenge China, President Joe Biden ends his eight-day trip to Europe having secured back-to-back statements calling out Beijing’s policies in a …
Satellite photos show China’s progress on the new aircraft carrier expected to give its naval power a boost
Experts said that when the new carrier enters service, “it will be a formidable addition to China’s navy.” …
China Dismisses Concerns That Rocket Launching to Space Could Pose Danger Upon Reentry
Though the launch of a previous spacecraft, Tianhe, was recorded as a success, China was criticized on an international stage for allowing the uncontrolled reentry to Earth of part of the rocket that …
Will ride-hailing app Didi’s IPO hit over $100bn?
Didi Chuxing, China’s dominant ride-hailing app, has filed to go public in the US, setting up one of the biggest IPOs this year.
China Nuclear Plant Radiation Increased But Still Within ‘Allowable Range,’ Country Says
“There is no problem of radioactive leakage to the environment,” China’s Ministry of Ecology and Environment said.
Nuclear Watchdog’s Direct China Statement Comes Amid Post-Wuhan Skepticism
The International Atomic Energy Agency release addressed speculation of a crisis brewing at the Taishan nuclear plant in southern China.
China begins countdown to historic space station mission
A rocket carrying three veteran astronauts bound for China’s orbiting space station module will launch from the Gobi Desert in the country’s north in just over 24 hours, China’s space agency announced …
Taiwan Wants German Vaccines. China May Be Standing in Its Way.
The two sides have traded accusations about whether political motivations are keeping the Taiwanese people from receiving immunizations amid the island’s first major Covid-19 outbreak.
China’s property investment growth slows in May 2021 as curbs bite
Real estate investment in May rose 9.8% from a year earlier, slowing from April’s figure of 13.7%, Reuters calculations, based on data from the Nation..
Update: China’s property investment up 18.3 pct in Jan.-May
China’s investment in property development maintained steady expansion in the first five months of this year, data from the National Bureau of Statistics (NBS) showed Wednesday. In Jan.-May period, …
China aluminium exports have likely peaked, CRU says
China’s exports of aluminium have likely peaked in the wake of a series of trade protection moves in key markets around the world but the country is now shipping higher value-added products overseas, …
Full Truck, China’s ‘Uber for trucks’, to raise US$1.57 billion in US listing
The Guiyang-based company, better known as Manbang, plans to sell 82.5 million shares at between US$17 a share and US$19 a share on the New York Stock Exchange.