While stock exchanges are traditionally tools of capitalism, the Chinese have outpaced the US in its efforts to capitalize innovation in early-stage companies through creating listings on a small …
Monthly Archives For November 2021
Even as China Cracks Down on Tech, AI Companies Plan IPOs
SenseTime and Megvii both include facial recognition technology among their offerings and do a lot of business with government agencies.
China imposes curbs as COVID-19 rears its head again
COVID-19 is rearing its head again in China, from where the deadly disease is believed to have emerged. On Wednesday, the country reported 93 fresh COVID-19 cases, setting Infections have now spread …
Beijing Dataway Horizon debuts on Shenzhen Stock Exchange, rose 141%
Beijing Dataway Horizon (301169) opened at RMB 40.02 on its first day trading on the Shenzhen ChiNext Market, an increase of 106% from its IPO price of RMB 19.39.
Pandemic, politics keep China’s President Xi away from global climate talks
Chinese President Xi Jinping has been absent from the Group of 20 summit in Rome and this week’s global climate talks in Scotland, drawing criticism …
China tennis star Peng says ex-vice premier forced her into sex
Former world No.1 tennis doubles player Peng Shuai, one of China’s biggest sporting stars, has publicly accused a former Chinese vice premier of forcing her into sex several years ago in a social …
China to build more giant telescopes to explore the cosmos
Not content with having the world’s largest, most sensitive radio telescope to catch the faintest signals from outer space, China is proposing to build five mor …
China working on new monetary policy facility for green projects – central bank head
China’s central bank governor, Yi Gang, said on Wednesday Beijing was working on a new monetary policy facility to provide low cost funds for financial institutions to support green projects.
China missile silos a sign of “unprecedented nuclear buildup,” report says
Construction activity at three suspected missile silo fields in north-central China offers the latest evidence of a rapidly expanding nuclear weapons program, according to a new analysis of satellite …
China’s central bank governor vows to strengthen legal protection of personal data
China’s central bank governor on Wednesday vowed to strengthen the legal system for personal information protection in the finance sector as the rapid growth of fintech gives rise to concerns over …
Most US Congressional Districts’ Exports to China Bounced Back in 2020
U.S. goods exports to China surged last year by $18.5 billion, almost 18 percent over 2019. The surge follows near-decade lows in U.S.-China trade in 2019 and the conclusion of the U.S.-China Phase …
CIIE enters fourth year: Why does China persist?
The fourth edition of the annual China International Import Expo (CIIE), the world’s first dedicated import exhibition, will begin in Shanghai on Thursday with the participation of nearly 3,000 …
Hong Kong-based insurer FWD adds to warnings in New York IPO push
Hong Kong-based insurer FWD Group has told U.S. regulators it cannot guarantee that Beijing would not seek to “intervene or influence” its operations, adding to its list of risk factors as it tries to …
