A Shanghai court has confirmed that crypto has a legal status in China as a property, setting a major precedent in the nation …
Monthly Archives For November 2024
Uber Said in Talks to Invest in US IPO of China’s Pony AI
Uber Technologies Inc. plans to invest in Pony AI Inc.’s US initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with …
China’s Surveillance State Is Selling Citizen Data as a Side Hustle
Chinese black market operators are openly recruiting government agency insiders, paying them for access to surveillance data and then reselling it online—no questions asked.
Chinese Cosmetics Label Mao Geping to IPO in Hong Kong
The company has begun its pre-deal investor education process and is aiming for a market debut on the main board in December, according to local media reports.
From laboratory to market, China’s BCI tech at critical stage of transitioning
BRAIN-COMPUTER interface (BCI) technology is advancing rapidly in China, scientists and experts said at an industry forum last Saturday. The research on BCI technology in China has reached a pivotal stage,
IPO watch: Pony AI is going public and Uber wants in
Uber Technologies (NYSE:UBER) continues to make moves in the autonomous driving space. The latest development is that the San Francisco-based company plans to invest in Pony AI’s (PONY) initial public …
Legal Fee Tracker: China’s Irico faces fee award plus damages in price-fixing case
Nov 21 (Reuters) – Facing a potential multibillion-dollar default judgment in an antitrust case, Chinese state-owned manufacturing company Irico Group told a U.S. judge this year that being ordered to …
Beijing, Shanghai announce tax breaks to boost ailing property markets
Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city.
Would the US win a war with China over Taiwan? US lawmakers briefed on the potential outcome
House lawmakers were briefed Wednesday about the potential outcome if the U.S. were to find itself at war with China over Taiwan within the next two years, as the global superpower increasingly encroaches on U.S.…
US ahead in AI innovation, easily surpassing China in Stanford’s new ranking
The U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford University …
China’s Trustar raises $1 bln for vehicle that holds McDonald’s China stake, sources say
Trustar Capital has raised $1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in McDonald Corp’s operations in mainland China and Hong Kong, two sources with knowledge of…
Trump, trade and feeding China’s pigs
Mr Trump’s threat of a new trade war puts China’s leaders in a tricky spot. America’s president-elect has talked of imposing tariffs of 60% on Chinese goods. Even if he settles on lower levies, China…
China stimulus spurs healthy mean reversion in Asia
It’s still unclear whether the Chinese government’s efforts to revive the country’s ailing economy will prove successful, but the stimulus measures already appear to be having one positive side effect …
