The Shenzhen, China-based company’s board has approved an initiative to convert up to 20% its cash and cash equivalents into BTC and other digital assets.
Monthly Archives For June 2025
Latham & Watkins Advises on CaoCao’s HK$1.85B Hong Kong IPO
Latham & Watkins has advised sponsors on CaoCao’s HK$1.85B IPO on the HKEX, supporting China’s Geely-backed ride-hailing platform.
China’s Electric Plasma Jet Engines: A New Era in Aerospace Innovation
China is making headlines with its groundbreaking development of electric plasma jet engines, a technology that could reshape the future of aviation. With a clear vision to revolutionize the way …
Analysis | Why holding China accountable for coronavirus is just the tip of the diplomatic iceberg – The Washington Post
The United States is suffering a serious diplomatic headache in dealing with China. Amid short-term questions about how to handle the pandemic and whether the Chinese government is being …
QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
Qualified Foreign Institutional Investors (QFIIs) will be permitted to trade onshore ETF options starting October 9, exclusively for hedging purposes, according to the China Securities Regulatory …
CNBC’s The China Connection newsletter: Whispers of a new world order in Tianjin
Davos” conference in Tianjin, China, had an undercurrent of navigating a future less intertwined with Washington.
China Looks To Capitalize On Trump Tariff-Induced Dollar Fallout With Multi-Pronged Steps To Boost Yuan’s Global Appeal
As U.S. President Donald Trump’s tariff policy takes some sheen off the dollar, often considered a safe haven, China wants to seize the opportunity. A CNBC report said Beijing is promoting its …
China’s central bank doubles down on financing support to boost consumption
Guangdong, country’s wealthiest province, announces plan to hand out more vouchers and subsidies, further promote trade-ins.
Exclusive: BYD slows production, delays capacity expansion at China factories, sources say
Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said …
China unveils eerie mosquito-sized drone designed for stealth military operations — nearly invisible to naked eye
China unveiled a mosquito-sized drone designed for covert military operations and espionage — a development that’s raising alarms over the potential consequence of the tech falling into the wrong …
China Tightens Controls on Fentanyl but Calls It a U.S. Problem
Two chemicals used to make the powerful opioid will be more strictly regulated, but an official said it was “the United States’ responsibility to solve the issue.” …
PBoC injects CNY 300 Billion into banking system via MLF to boost liquidity
People’s Bank of China injected CNY 300 billion into banks on June 25 via a one-year lending facility to maintain liquidity. This operation, aimed at ensuring banking system liquidity, resulted in a …
China, India shift to higher-grade coal, cut Indonesian imports
SINGAPORE/BEIJING, June 25 (Reuters) – Top thermal coal importers China and India are slashing Indonesian shipments of the power generating fuel in favour of energy-dense grades from elsewhere as a …
