The Wednesday data will likely show China’s recovery remains uneven. Strong global demand led to record exports in August but domestic consumers turned cautious as lockdowns and fear kept many at home …
Monthly Archives For September 2021
China is continuing to slice and dice its fintech giants
China appears determined to carve-up and neuter what was once the most powerful fintech in the world, Jack Ma’s Ant Group.
China bubble tea chain Heytea taps UBS for $671 million Hong Kong IPO
Heytea, the Chinese bubble tea maker, has tapped UBS Group for its potential Hong Kong initial public offering (IPO) as soon as next year, according to people familiar with the matter.. Read more at …
Over 500 Chinese Students Rejected for U.S. Visas Under Trump Policy, Beijing Says
The policy blocks visas for people who are affiliated with the ruling Communist Party’s military wing, the People’s Liberation Army, or universities deemed by Washington to be part of military …
Universal Beijing Resort fans snap up tickets as sales open
Tickets for Universal Beijing Resort officially went on sale starting midnight on Sept 14, attracting lots of fans, which even led to a shutdown of the resort’s official app and mini-program for a …
COVID-19 cases more than double in southeast China as Delta spreads
New local COVID-19 infections more than doubled in China’s southeastern province of Fujian, health authorities said on Tuesday, prompting officials to quickly roll out measures including travel …
China Infections Rise; Manila Restaurants to Open: Virus Update
China’s Covid case count increased to 59 from 22, all of them in the southeastern province of Fujian, less than a month after the country’s last flare-up was contained.
Posing as Walmart, scammers send crypto surging 25%
By Nathaniel Meyersohn, CNN Business In what appears to be a massively successful pump and dump scheme, cryptocurrency litecoin surged around 25% early Monday after a falsified news release said …
Beijing Stock Exchange could be alternative to SPAC listings by innovative Chinese tech companies, trade group says
A new bourse planned for Beijing could be a potential alternative for up-and-coming Chinese technology firms that might consider going public via special purpose acquisition companies (SPACs), …
China Reports 92 New COVID-19 Cases for Sept 13 Vs 49 Day Ago
China reported on Tuesday 92 new confirmed coronavirus cases in the mainland for Sept. 13, compared with 49 a day earlier, according to the National Health Commission. Of the new infections, 59 were …
Stop funding coal overseas, NGO group tells top investor Bank of China
Bank of China (BoC) (601988.SS), a top global investor in coal power plants, must end the financing of such projects outside China and support clean and renewable energy instead, an alliance of 35 non …
China Evergrande warns of further property sales drop, liquidity crunch
Cash-strapped developer China Evergrande Group (3333.HK) said on Tuesday a significant drop in its property sales would continue this month due to concerns over its debt, which is likely to further …
Cinema stocks jump, China’s crowded EV space, crypto stocks slide after Walmart-Litecoin hoax
Yahoo Finance’s Jared Blikre reports on the day’s trending tickers. Like us on Facebook to see similar stories Please give an overall site rating: …