Chinese chipmakers have surged in the past year, boosted by Beijing’s support for self-sufficiency in semiconductors and as adoption of 5G and artificial intelligence prove resilient amid the pandemic … ( read original story …)
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Crypto News Recap: Twitter Biggest Hack, Asia Embraces CBDC
China Plans to Test Digital Yuan on Food Delivery Platform Backed by Tencent Holdings Ltd. In a significant step towards crypto adoption, the People’s Bank of China (PBoC) is currently planning to … ( read…
Alibaba’s Ant Group Starts Concurrent IPO Process in Shanghai, Hong Kong
Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, said on Monday that it had started the process of a concurrent initial public offering on Shanghai’s Nasdaq-style Star Market and the … ( read…
Alibaba’s Ant financial unit to seek IPO in China and Hong Kong
as the company aims to accelerate its offerings to customers in China and abroad. Ant did not disclose the size of its planned IPO nor the timing. But the Hangzhou-based company is already valued ……
Jack Ma’s Ant Plans Simultaneous IPOs in Hong Kong, Shanghai
Billionaire Jack Ma’s Ant Group is kicking off its much-anticipated initial public offering, with plans to list simultaneously in Hong Kong and on China’s new tech bourse in Shanghai. ( read original story …)
Shenzhen Mulls Protections for Public Health Whistleblowers
Shenzhen is considering a regulation that would protect whistleblowers who sound the alarm about potential public health emergencies, the government of the southern Chinese city announced Sunday. ( read original story …)
China slams Britain’s comments on Uighurs as ‘slander’
China hit back on Monday at comments by Britain’s foreign secretary that accused Beijing of “gross” human rights abuses against ethnic and religious minorities in the northwest region of Xinjiang. Rig … ( read original…
TikTok: We are not ‘under the thumb’ of China
But the US is considering banning TikTok and may only allow it to keep operating if it splits from China and becomes an American company. US Secretary of State Mike Pompeo – who i ……
With a U.N. Veto, Russia and China Add to Syria’s Misery
Moscow and Beijing are callously restricting humanitarian aid to Syria’s suffering civilians as part of their campaign to prop up Bashar al-Assad. ( read original story …)
Standard Chartered to Add 1,600 Staff at New Bank Center in China
Standard Chartered Plc plans to add more than 1,600 staff over the next three years at a new center in southern China as the nation aims to transform the coastal region near Hong Kong into…
China science, technology news summary — July 20
The following is a summary of published science and technology news of China. BEIDOU IN AGRICULTURAL PRODUCTION. The BeiDou Navigation Satellite Syste … ( read original story …)
Chinese Electric Vehicles Maker Xpeng Raises $500M After Reports Of US IPO
Xpeng Motors Technology Ltd. said it raised nearly $500 million in a Series C+ funding round, even as electric vehicle sales see a slump in mainland China. What Happened Investors that participated in … (…
Tomorrow Group-linked shares tumble after China seizes affiliated financial firms
Shares in two companies with connections to troubled Chinese conglomerate Tomorrow Holdings Co Ltd slumped on Monday after regulators seized control of nine firms affiliated with the group. ( read original story …)
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