Beijing Financial Court issued a legal guideline on Tuesday to better serve the development of the capital’s “two zones”. The “two zones” refer to the pilot free trade zone and the national …
Monthly Archives For August 2021
Xiaomi clarifies that the crypto-accepting Mi Store in Portugal is a third-party store
A couple of days back, we brought you a report that Xiaomi‘s Mi Store in Portugal was now accepting payments using cryptocurrency including Bitcoin, Ethereum, Tether, and even Dash for the purchase of …
Beijing’s tech crackdown casts long shadow over South Korea’s biggest IPO in a decade
Battlegrounds creator’s disappointing launch has come after Chinese state media’s latest broadside against video gaming and market leader Tencent.
Coronavirus: China’s Delta outbreak forces economists to rethink 2021 GDP growth forecasts, as trade expos cancelled
More economists have moved to slash their economic outlook for China as the Delta variant spreads across the world’s second biggest economy, forcing the closure of restaurants and entertainment venues …
PUBG Maker Krafton Tumbles After Raising $3.8 Billion in IPO
Shares of Krafton fell as much as 20% before trading at 13.5% lower at 10:48 a.m. in Seoul, giving it a market valuation of around 21.1 trillion won ($18.4 billion). The Tencent Holdings Ltd.-backed …
China intensifies hospital-acquired COVID-19 infection control
China has stepped up efforts to prevent COVID-19 infections at hospitals as the country is reining in a resurgence of locally transmitted cases. Vigorous measures should be taken to contain infections …
China’s sustainable bond market gains ground
Mainland China’s sustainable bond market has gone from strength to strength recently, with issuers and investors finding new opportunities – and embracing international standards.
China Is SoftBank’s Biggest Problem Now
Chinese tech companies have been SoftBank’s bread and butter. But with the party over in Beijing, the company will now have to prove it can deliver big investment returns without Chinese Big Tech.
Tencent makes more NFT and blockchain moves: Blockheads
Tencent Music to release “digital collections” built with non-fungible token (NFT) technology. The Chinese province of Guizhou reveals ambitious plans to turn freed-up crypto minng electricity into EV …
Watch for these firms coming out with their IPOs in the US
Grab, Discord and NextDoor (hyperlocal social networking app for neighbours) are a few big-ticket IPOs that investors are eagerly anticipating in the second half of 2021 …
China reports highest single-day locally-transmitted COVID-19 cases since July
The National Health Commission said in its daily report that the country reported 108 locally-transmitted cases, 35 imported and 38 asymptomatic infections on Monday …
China’s Wuhan reports four new confirmed COVID-19 cases
The central Chinese city of Wuhan reported four new locally transmitted confirmed COVID-19 cases and three asymptomatic carriers on Monday, the municipal health commission told a press briefing on …
Coronavirus live: French Caribbean island Martinique has 1,166 cases per 100,000 people; China case high reported
Situation in Martinique described as ‘dramatic’; China confirms 143 new cases, the highest number since 20 January …
