China is “definitely a target” for Ripple, Jeremy Light, the firm’s VP of EU strategic accounts, told CNBC. Among Ripple’s clients is the Hong Kong-based financial services firm LianLian International … ( read original story…
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Smaller Cities Are a Big Worry in China’s Too-Hot Property Market
BEIJING—China’s booming housing market has been a rare bright spot of late as the broader economy cools, but there are signs of trouble beneath the surface. Housing sales, property investment and new … ( read…
Crypto’s Millennial Mining Tycoon Is Planning a $3 Billion IPO
Nishant Sharma, a Beijing-based spokesman for Bitmain, declined to comment. Speculation about Bitmain’s IPO plans and finances has intensified in recent days. The cryptocurrency news site CoinDesk rep… ( read original story …)
China Unicom H1 profit rises 145 percent, beats estimate
HONG KONG (Reuters) – China Unicom Hong Kong on Wednesday reported a 145 percent rise in first-half net profit, helped by mobile revenue growth and cost control. Net profit for the January-June period … (…
BRIEF-China Unicom says not been notified re possible merger
Aug 15 (Reuters) – China Unicom Hong Kong: * CHAIRMAN SAYS HAS NOT BEEN NOTIFIED BY REGULATOR RE POSSIBLE MERGER WITH CHINA TELECOM Further company coverage: (Reporting by Sijia Jiang) ( read original story …)
Beijing enters 5G network era with China Unicom’s experimental sites
(ECNS) – Beijing stepped into the ultrafast 5G network age on August 13 when China Unicom launched its first batch of 5G sites to embrace faster wireless networks. The telecom giant’s Beijing subsidia… ( read…
Beijing’s eerie abandoned Olympic venues
(CNN) — It’s 10 years since China hosted the 2008 Summer Olympic Games. A decade later many of the celebrated Beijing venues and structures used for the competition are abandoned. Many were purpose-bu… ( read…
Crypto Mining Giant Bitmain Plans Up to $3 Billion IPO
Nishant Sharma, a Beijing-based spokesman for Bitmain, declined to comment. Speculation about Bitmain’s IPO plans and finances has intensified in recent days. The cryptocurrency news site CoinDesk rep… ( read original story …)
China says U.S. solar tariffs violate trade rules, lodges WTO complaint
The move is not expected to have an immediate impact on China’s major solar manufacturers, including GCL (HKSE:0451.HK – News), Jinko Solar (NYSE:JKS – News) and Canadian Solar (:CSOQ.O), as their exp… ( read original…
No Stopping China Property Market as Small Cities Set Record
There’s no stopping China’s property market. New-home prices rose at the fastest price in 22 months in July, climbing 1.2 percent from the previous month. That’s according to Bloomberg calculations ba… ( read original story…
China Gold International Reports 2018 Second Quarter and First Half Financial Results
VANCOUVER, British Columbia, Aug. 14, 2018 — China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the “Company” or “China Gold International Resources”) reports on the Company’s finan… ( read original story …)
China millennials face pension shortfall
According to a recent report by KPMG, China has 222m people aged 60 or above — a number that the advisory group expects to rise to 300m by 2025. The financial requirements to enable older…
Beijing should ‘temper’ its behavior in the South China Sea, Duterte says
Beijing claims an enormous swathe of territory in the region, and has heavily-fortified artificial islands under its control in the Spratly and Paracel chains. Duterte said despite China’s behavior to … ( read original story…