China’s Didi Global Inc shares soared nearly 19% in their New York Stock Exchange debut on Wednesday, valuing the ride-hailing giant at $80 billion in the biggest U.S. listing by a Chinese company …
Monthly Archives For July 2021
Didi IPO: China’s ride-hailer gears up for US offering in quest to go ‘truly global’
Didi went public Wednesday in the biggest US share offering by a Chinese company since Alibaba debuted in 2014.
China’s tech hub Shenzhen looks to restrict surveillance cameras in public spaces
Draft law aims to better regulate public surveillance while also protecting the privacy and property rights of citizens.
China’s crackdown on crypto has led to a 23% decline in ether mining over the last month
China’s crackdown on crypto mining has dented ethereum’s hashrate, which has fallen at its fastest pace on record in the last month, since May.
China, Elon Musk Raise Alarm About Bitcoin Energy Use: Here’s How It Could Be Made More ‘Green’
China cracking down on bitcoin mining and Elon Musk suspending Tesla’s acceptance of bitcoin due to the large amounts of energy it takes to mine have both contributed to the cryptocurrency losing …
A key measure of the health of the bitcoin network has tumbled 50% from its peak in May following China’s crypto crackdown
Disclaimer | Accessibility Statement | Commerce Policy | Made In NYC | Stock quotes by finanzen.net The hash rate of bitcoin has dropped 50% from its peak its May, falling to its lowest level in…
China’s Didi set to open over 14% higher in mega US IPO
Didi priced an upsized offering of 316.8 million American Depositary Shares at the upper end of its $13 to $14 range, raising $4.4 billion.
US image rebounds while ‘unfavourable’ views of China remain, global survey finds
China scored higher than the US when it came to handling the pandemic in survey of global attitudes …
WHO ‘Not Aware’ of North Korea COVID-19 ‘Great Crisis,’ China Offers Help
“Based on the latest COVID-19 update from the government to WHO (as of 24 June), there are still no COVID-19 cases reported in DPR Korea,” a WHO spokesperson told Newsweek.
China declared officially malaria-free by WHO
The World Health Organization (WHO) has declared China malaria-free, after a 70-year effort to wipe it out. China used to report 30 million cases a year during the 1940s. Since then, eradication …
China, Russia exploiting United Nations to push back against US interests, report says
EXCLUSIVE: China and Russia are exploiting their influence at the United Nations as part of a pushback against U.S. interests and to advance their own authoritarian interests on the world stage, …
Anniversary of the Communist Party in Beijing, China
People wait at an intersection next to a billboard commemorating the 100th anniversary of China’s Communist Party in Beijing, on Wednesday, June 30, 2021. China is marking the centenary of its ruling …
America can learn from Communist China, says Berkshire’s Charlie Munger
Berkshire Hathaway vice chairman Charlie Munger praised the Chinese government for silencing Alibaba’s Jack Ma in a recent interview, adding that he wishes US financial regulators were more like those …