By Nathaniel Meyersohn, CNN Business In what appears to be a massively successful pump and dump scheme, cryptocurrency litecoin surged around 25% early Monday after a falsified news release said …
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Beijing Stock Exchange could be alternative to SPAC listings by innovative Chinese tech companies, trade group says
A new bourse planned for Beijing could be a potential alternative for up-and-coming Chinese technology firms that might consider going public via special purpose acquisition companies (SPACs), …
China Reports 92 New COVID-19 Cases for Sept 13 Vs 49 Day Ago
China reported on Tuesday 92 new confirmed coronavirus cases in the mainland for Sept. 13, compared with 49 a day earlier, according to the National Health Commission. Of the new infections, 59 were …
Stop funding coal overseas, NGO group tells top investor Bank of China
Bank of China (BoC) (601988.SS), a top global investor in coal power plants, must end the financing of such projects outside China and support clean and renewable energy instead, an alliance of 35 non …
China Evergrande warns of further property sales drop, liquidity crunch
Cash-strapped developer China Evergrande Group (3333.HK) said on Tuesday a significant drop in its property sales would continue this month due to concerns over its debt, which is likely to further …
Cinema stocks jump, China’s crowded EV space, crypto stocks slide after Walmart-Litecoin hoax
Yahoo Finance’s Jared Blikre reports on the day’s trending tickers. Like us on Facebook to see similar stories Please give an overall site rating: …
Continued Support Anticipated For China Stock Market
The China stock market has climbed higher in three straight sessions, advancing more than 40 points or 1.1 percent along the way. The …
China’s economy threatened by a property giant’s debt problems
In China, Evergrande, a sprawling real estate developer, is that company. Evergrande has the distinction of being the world’s most debt-saddled property developer and has been on life support for …
China’s demand for metals pinched by property clampdown
It appeared first on the Bloomberg Terminal. The consumption of metals from steel to copper may be running into headwinds due to China’s property crackdown, while coal prices could be over the hump, …
China’s iron ore imports hit record in boost to Australia
The value of China’s iron ore imports hit new heights in August even as policymakers try to cut steel production and calm commodity prices, likely boosting Australia’s exports despite the tensions …
Can well-off young women save China’s economic recovery?
Some retailers are focusing on young consumers like Zhou to boost sales. “I bought a lot of clothes online during the pandemic since we weren’t allowed to leave the university campus,” Zhou said.
The Chinese IPO Pipeline is Under Pressure
In the last two decades, the Chinese stock market has attracted more and more investors, from Warren Buffett’s Berkshire Hathaway to Bill Ackman’s Pershing Square. They have been attracted by the …
China to donate COVID-19 vaccines to Afghanistan: diplomat
China will donate an initial 3 million doses of COVID-19 vaccines to Afghanistan, with more emergency supplies to follow, a senior Chinese diplomat said on Monday. China has decided to urgently …
