All cryptocurrency transactions in China are considered illegal, including offshore exchanges to provide services to Chinese citizens.
Monthly Archives For October 2021
China’s LianBio launches $345m US listing
Drug developer LianBio has hit the road for its up to $345.3m Nasdaq IPO, set to be the largest US listing by a Chinese company since Beijing’s summer crackdown on overseas IPOs. LianBio is offering…
A single tweet is once again putting pressure on the NBA’s China business
Kanter’s tweet criticizing the Chinese government comes not long after another tweet threatened to derail the NBA’s presence in China.
Qingdao Foods debuts on Shenzhen Stock Exchange, rose 44%
Qingdao Foods (001219) opened at RMB 20.64 on its first day trading on the Shenzhen Stock Exchange’s Main Board, an increase of 20% from its IPO price of RMB 17.2.
China Evergrande crisis controllable, says Beijing
Beijing regards the risk of problems at debt-laden China Evergrande Group spreading to the country’s property and financial sector as “controllable”. Yi Gang, …
Joe Biden’s Pick for Ambassador to China Takes Hard Line on Beijing
Nicholas Burns endorsed Joe Biden’s values-led foreign policy as the Senate Committee on Foreign Relations held his confirmation hearing on Wednesday.
What did China test in space, exactly, and why?
China has denied the story and security analysts remain unclear about the exact nature of the system Beijing reportedly tested. Here’s what we know so far. What is China supposed to have tested? If …
Sinocat Environmental Technology’s IPO to debut on SSE STAR Market
Sinocat Environmental Technology (688737) to start trading on the Shanghai Stock Exchange’s STAR Market Oct 22, tomorrow. The firm has issued 21.51 mln shares priced at RMB 70.9 per share raising RMB …
If China’s Tech Crackdown Has Peaked, DiDi Global Stock Is Now Cheap
Didi Global stock has been hit hard by China’s tech crackdown, but if it could come back, assuming the crackdown doesn’t go further.
Covid-19: Flights cancelled, schools closed as China battles virus outbreak
Authorities in China cancelled hundreds of flights, closed schools and ramped up mass testing on Thursday to try and stamp out a new Covid-19 outbreak linked to a group of tourists. Beijing has …
US ambassador to China nominee takes tough line toward Beijing, cites ‘genocide in Xinjiang’ and need to support Taiwan
US President Joe Biden’s nominee for ambassador to China took a tough line toward the Asian giant at a confirmation hearing on Wednesday, citing its “genocide in Xinjiang” and the need to better …
Beijing 2022: Mandatory vaccinations required for Canadian Olympic athletes
Canadian athletes looking to compete for Team Canada at the Beijing 2022 Winter Olympics this February will need to be fully vaccinated in order to make the team and participate in the Games.
China-linked disinformation campaign blames Covid on Maine lobsters
Marcel Schliebs, a disinformation researcher at the University of Oxford, spotted the emergence of a surprising coronavirus origin theory.
