China’s master plan for making Hainan a free trade island encourages institutions to use blockchain in transforming government function … ( read original story …)
BUSINESS
Superpower Cold War To Have Chilling Effect on China-U.S. Entertainment Business
West tussle between efficient authoritarianism and the wealthy but decaying democratic-capitalist model has seen blood spilled daily on the streets of Hong Kong — even more so now that … ( read original story …)
IPO Update: Dada Nexus Drives To $264 Million U.S. IPO
Dada Nexus has filed proposed terms for its U.S. IPO. The firm provides inter- and intra-city food and grocery delivery services in China. DADA has grown sharpl … ( read original story …)
Blockchain in the Energy Sector Market Global Briefing 2020: SAP SE (SAP), Microsoft Corp, Accenture PLC, IBM Corporation, LO3 Energy Inc | CAGR 58%
Global Blockchain in the Energy Sector Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research … ( read original story …)
Hong Kong seen emerging as IPO hub for fintechs, as Chinese firms shun US markets amid rising tension
Hong Kong is fast becoming the go-to fundraising hub for Chinese fintech companies, as the city benefits from the US market’s waning appeal for Chinese issuers amid an ongoing spat between Washington … ( read…
OK Group Launches OK Recruit, A Blockchain Talent Development Scheme
OK Group, the world’s leading blockchain enterprise, announced the launch of the blockchain talent recruitment and training plan, called OK Recruit, which is expected to create hundreds of job … ( read original story …)
Global Brands Leveraging Tmall 6.18 Shopping Festival To Tap China Consumption Rebound
Tmall, Alibaba’s premier B2C e-commerce platform, has kicked off its 6.18 Mid-Year Shopping Festival to stimulate China’s consumption engine and help global brands capture new post-Covid consumer … ( read original story …)
China’s Border Invasion Will Push India Toward the U.S.
That’s trouble for India, but it may offer an advantage for the U.S. Since American officials started worrying about China’s rise in the 1990s, they have looked to India as a … ( read original…
China’s Dada targets U.S. IPO amid Washington-Beijing tensions
The company set a price range of $15 to $17 per American Depository Share (ADS) for 16.5 million ADS in the IPO, which at the top end of this target would value the company at…
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan … ( read…
‘New Era’ for China-Japan Ties Dissipates Over Trump-Xi Fight
China relations has turned sour, as the U.S. standoff with Beijing leaves Prime Minister Shinzo Abe caught up in a fight between his country’s biggest trading partner and its sole military ally. ( read original…
IPO Launch: Dada Nexus Proposes Terms For $264 Million IPO
Dada Nexus (DADA) has filed to raise $264 million from the sale of ADSs representing underlying ordinary shares, per an amended F-1/A registration statement. The company provides grocery and food … ( read original story…
China’s Digital Currency Could Challenge Bitcoin and Even the Dollar
People in China are no strangers to digital payments—if anything, it’s easier to move around and shop in Shanghai or Beijing with an Alipay or WeChat Pay smartphone app than it is bearing a pocketbook…