Casino’s counsel claims assumptions were made about rule of law in China and mistake ‘should not be judged severely’ … ( read original story …)
BUSINESS
Crown executives acted ‘with honesty’ over business practices linked to staff arrests in China, inquiry hears
Executives at Crown Resorts acted “with bona fides and honesty” in their judgments about the risks of doing business in China before the arrests of 19 staff in 2016, counsel for Crown has told a…
How China’s factories are pivoting from an export-oriented business model to rely more on domestic sales
Even as exports have seen a resurgence in China amid global outbreaks of coronavirus, manufacturers see the trend as unsustainable. And many are banking on nationalism to drive domestic sales. ( read original story …)
Ant Group’s IPO ‘hiccup’ and tech sell-off brushed off by investors amid rush to tap into China’s rebounding economy
Appetite remains strong to tap mainland China’s future growth even after the collapse of Ant Group’s IPO, investors say. ( read original story …)
How The Crypto Community Got Divided Into Two Halves: CeFi Vs. DeFi
CeFi is an extension of the existing financial model but upgraded to the next level with crypto. It fixed a traditional financial problem — accessibility. Unlike CeFi services, DeFi protocols and … ( read original…
Ticker: Small business help in Boston; China, other partners sign world’s biggest trade pact
The city of Boston is offering more help to local small businesses struggling to stay viable amid the pandemic. Mayor Martin Walsh announced three new relief funds totaling $6.3 million. One will … ( read…
China, 14 other Asia-Pacific countries agree to world’s largest trade pact
China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal … ( read original story …)
Some Chinese brands have come up with a simple, smart way to sidestep the ‘Boycott China’ movement
Chinese companies are using an ingenious trick to navigate the rising anti-China sentiment in India. Several Chinese manufacturers have switched the “Made in China” label on their products to “Made in … ( read original…
Ant valuation likely cut in half, IPO at least six months away – China ETF issuer
Shares of Alibaba (NYSE:BABA) have tumbled about 17% since Ant Group’s IPO was shelved on November 3, and another attempt at a listing is “very unlikely to happen until about at least a minimum of…
Ant Group’s IPO won’t happen for at least six months after regulatory hurdles, China ETF issuer says
Ant Group’s highly anticipated initial public offering will be on hold for at least half a year as the company faces new regulatory obstacles, one CIO says. ( read original story …)
China’s BSN predicted as long-term global project, still ahead of others
China’s Blockchain Service Network may not have a global impact anytime soon, but the region’s national blockchain infrastructure continues to outpace other regions … ( read original story …)
IPO Update: Yatsen Holding Pursues $558 Million U.S. IPO
Yatsen Holding has filed proposed terms to sell $558 million of ADSs. The firm markets beauty care products via its online and offline networks in China. ( read original story …)
Chinese education technology group 17 Education & Technology files for a $100 million US IPO
The article Chinese education technology group 17 Education & Technology files for a $100 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital … ( read original story …)
