Blockchain accomplishes this through advanced cryptography that is designed to be resistant to hacking, adding trust to the transaction ecosystem. There are many financial uses provided by blockchain, …
Monthly Archives For September 2021
City of Beijing is said to seek taking Didi under state control
Beijing’s municipal government has proposed an investment in Didi Global Inc that would give state-run firms control of the world’s largest ride-hailing company, according to people familiar with the …
China’s Regulators Are Moving Fast and Breaking Things. Watch Out.
In recent years, China has broken things Wall Street doesn’t care much about: coal mines and steel mills, for instance. Internet companies are a different story.
Beijing’s surprise plan for a stock exchange may help Hong Kong’s drive for quality as it keeps smaller companies at arm’s length
Bigger companies that need convertible currencies, or require deep capital pools to fund their needs, will still head for Hong Kong, as shown by the city’s record as the world’s top IPO destination in …
China provides 990 million COVID-19 vaccine doses to the world
China has provided 990 million COVID-19 vaccine doses to countries and international organizations globally, the most in the world, according to Deng Boqing, deputy head of the China International …
NHL players will participate in the 2022 Beijing Olympics
NHL players will participate in the 2022 Beijing Games, per an agreement by the league, NHL Players’ Assn. and the International Ice Hockey Federation.
China Open removed, Portugal Masters added to European Tour
The Volvo China Open was removed from the European Tour schedule on Friday and replaced with the Portugal Masters in changes made in light of the coronavirus pandemic. The tournament in China, which …
Didi Global’s rapid ride from IPO star to regulatory target
Didi Global has highlighted the perils of investing in Chinese tech companies as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant’s valuation.Less than three …
The IPO Market Is Heating Up Again. Warby Parker, Rivian, and Other Likely Listings Coming Soon.
After an August slowdown, there are lots of high-quality growth companies ready to go public. Here are the most likely candidates.
NHL players will compete in 2022 Beijing Winter Olympics after deal reached
The NHL will send its players to the Olympics for a sixth time after a deal was reached on Friday to compete in the 2022 Beijing Winter Games.
China, U.S. fail to reach agreement on climate change – SCMP
China and the United States did not reach an agreement on climate change, with Beijing rebuffing calls to make more public pledges on climate change before a United Nations climate summit in November, …
China to keep Kabul embassy open and ‘beef up’ relations, say Taliban
Beijing also reportedly aiming to increase humanitarian assistance, as Taliban prepares to unveil new cabinet …
China’s Alibaba promises $15.5B for development initiatives
E-commerce giant Alibaba Group said Friday it will spend $15.5 billion to support President Xi Jinping’s campaign to spread China’s prosperity more evenly, adding to pledges by tech companies that are …
