With China out of the picture, Marathon Digital is in the middle of a Bitcoin mining boom. MARA stock is too cheap compared to its peers.
BUSINESS
China’s Nio, underwriters, must face U.S. shareholder lawsuit
Nio Inc and its bankers must face a shareholder lawsuit alleging the Chinese electric vehicle maker falsely told investors it had a new factory under construction during its 2018 initial public …
Hong Kong IPO Listings: No Cakewalk for China Tech Anymore
Hong Kong’s stock exchange is allegedly verifying that China applicants comply with the mainland’s rules, with some dropping plans to list.
China’s Legal Warfare Puts Business Executives At Risk
China is targeting U.S. and foreign business executives with legal warfare, or lawfare. Most corporate executives did not sign up to be on the front lines of an increasingly dangerous competition …
Cramer: Beware Didi, Alibaba, Baidu Stocks as China Cracks Down
As Beijing changes the rules of the game for Chinese companies at home and abroad, Jim Cramer urges investors to be cautious.
VeChain Targets Multi-Billion Dollar Pet Food Market in China
VeChain blockchain solutions targets the multi-billion dollar pet food industry in China with new blockchain-based food tracing.
Paytm IPO: Ex-Director Seeks To Stall $2 Bn Issue, Company Calls It ‘Harassment’
The dispute is connected to the crucial one-page document signed between Saxena and Paytm’s billionaire CEO, Vijay Shekhar Sharma, in 2001 …
China Tourism snubs US banks
China Tourism Group Duty Free is avoiding working with US banks on its jumbo Hong Kong listing because of US-China tensions, as the trade war takes an increasing toll on dealmakers. The decision dealt …
Biden’s infrastructure bill doesn’t undermine crypto’s bridge to the future
Some saw beneficial effects from the week’s legislative face-off. Still, “crypto and blockchain technology is at a significant moment.” …
These 2 Popular Stocks Rely Heavily on China — and That’s Not a Bad Thing
Nike has been selling its popular footwear and apparel in China for more than four decades, as founder Phil Knight correctly identified the massive opportunity early on. Fast forward to today, and …
The leading Asian tech players eyeing an IPO in 2021 (Updated)
Asian firms are increasingly opting for IPOs as tech stocks boomed amid the pandemic. As such, several startups in the region are looking to strike while the iron’s hot. Tech in Asia’s analysis shows …
ASIA STEEL SCRAP DIGEST: Lower-cost Russian scrap emerges in China market
Lower-priced Russian-origin steel scrap offers to China were heard on Friday August 13, but prices were still not low enough to entice Chinese buyers to enter the market. • Russian-origin scrap at …
Crypto AM Friday with Jason Deane
Crypto at a Glance with Jason Deane While lawmakers in the US continue to wrangle over details of the Infrastructure …