On July 20, Ant Group, the fintech arm of Alibaba established in 2014, announced it would launch initial public offerings (IPOs) both on Hong Kong Stock Exchange and the Science and Technology … ( read…
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China demand fuels German export, production rebound
Overall export demand, especially from China, helped Germany’s manufacturers recover from the shock of the coronavirus lockdown for the second month running in June, though output was still well below … ( read original story…
China’s internet stocks plunge as Trump targets TikTok and WeChat
Chinese technology stocks shed tens of billions of dollars in value after US President Donald Trump unveiled executive orders targeting popular social media apps TikTok and WeChat. Shares in Tencent … ( read original story…
Trump issues bans on China’s TikTok, WeChat, stoking tension with Beijing
U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent , operator of messenger app WeChat, in a … ( read original story…
Chinese Schools Can’t Keep Up With Demand for Blockchain
The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists … ( read original story …)
China’s July exports rise despite coronavirus, US tariff war
China’s exports rose 7.5% in July over a year earlier in a positive sign for its economy’s recovery from the coronavirus pandemic. ( read original story …)
China’s exports rose 7.2% on-year in July due to demand for medical supplies
China’s dollar-denominated exports rose 7.2% while imports fell 1.4% from a year ago, data from the country’s General Administration of Customs showed on Friday. ( read original story …)
China to boost smart infrastructure in transport sector
By using blockchain technology, China will intensify whole-chain oversight on electronic documents, online businesses, and hazardous substances, according to the guideline. Follow China.org.cn on … ( read original story …)
Tigermed roars in its Hong Kong stock trading debut, as Asia’s largest healthcare IPO of 2020 draws traders to its clinical trials
It plans to use much of the US$1.38 billion raised to expand overseas, amid the huge surge in clinical trials for products related to potential vaccines and treatments for the coronavirus. ( read original story…
Why Gold and China Tech Are the Best Hedges Right Now
The U.S. boasted the world’s best stock market, and bonds, apart from offering interest income, provided a nice hedge against equity risks. Support our journalism. Subscribe today. Now we live in … ( read original…
Stocks Fall, Bonds Climb on U.S.-China Tensions: Markets Wrap
Stocks dropped Friday, led by Chinese technology firms, after a U.S. move to prohibit transactions related to WeChat stoked tensions. Treasuries and the dollar rose.China and Hong Kong shares saw the … ( read original…
Asian shares skid amid virus woes, China-US trade tensions
Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy. Investors were also … ( read original…
China July exports rise at fastest pace in seven months, but imports fall
China’s exports rose at the fastest pace in seven months in July, while imports declined, painting a mixed picture for the economy as it recovers from its pandemic-induced slump. ( read original story …)
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