U.S. policies toward China on trade, immigration and semiconductors have backfired on America in harmful ways.
BUSINESS
Weibo IPO: Chinese Firm’s Hong Kong Debut Tanks; Shares Trade 6% Below Issue Price
Immediately after listing, the shares of the Twitter-like Chinese application, Weibo, fell by more than 6% at $272.80 Hong Kong dollars ($34.98) per share.
Cultural industry of China’s Jiangsu posts robust revenue growth in Jan-Sept
NANJING, Dec. 8 (Xinhua) — The cultural industry of east China’s Jiangsu Province saw double-digit growth … Jiangsu’s 8,403 enterprises related to the cultural industry with an annual business …
Aussie crypto exchange Blockchain Global: Search for missing $50 million
An Aussie cryptocurrency exchange owes a whopping $50 million to creditors after it collapsed in mid-October as users were locked out and unable to withdraw their money.
Chinese Microinverter Maker Hoymiles Sets Highest-Ever IPO Price in China
Hoymiles Power Electronics has set a new record for the highest initial public offering price in China, the first one of a microinverter maker in the country. Hoymiles issued 10 million shares at …
METALS-Copper gains as China imports rise and eases monetary policy
Copper prices rose on Tuesday after China’s central bank eased monetary policy and as imports into the world’s top metals consumer climbed in November. LONDON, Dec 7 (Reuters) – Copper prices rose on …
China Posts Less-Than-Expected Trade Surplus Amid Strong Imports in November
China’s trade surplus shrank 3.4 percent to USD71.7 billion last month as imports swelled, according to official data. That was 12.8 percent less than the USD82.2 billion predicted by chief economists …
Wavemaker Strengthens Leadership Team in China
Wavemaker has appointed Frank Lin as its new Chief Transformation Officer. Lin brings over 25 years experience in the advertising industry starting in the 1990s at Grey, followed by brand-side digital …
China’s biggest liquidity injection in three years not a game changer for BCA while HSBC fund sees muted impact
RRR cut is not a game changer for the economy as credit growth and investment, key drivers of business cycle, have yet to rebound decisively: BCA Research Channel checks suggest Chinese banks have no …
Crypto 1 Acquisition Stock
Thanks to the dramatic interest in cryptocurrencies, Crypto 1 Acquisition Corp commands significant potential but also serious risk for volatility.
How will China’s new data security law affect Hong Kong IPOs?
The regulations have yet to be enacted but have definitely created ambiguities for companies looking to float in Hong Kong.
After Roller Coaster Year, Yidu Stock Settles Down Post-IPO
Yidu’s revenue rose 62% in the six months through September Company’s health management platform and solutions business grew 6.4 times in the …
How blockchain can transform government sector: E-government, e-voting, e-identities and e-documents
How can blockchain technology transform the government sector? Blockchains can streamline processes, eradicate fraud and build trust and accountability.
