But is a partnership with a U.S. tech company happening instead? Also, another geopolitical tech row over the planned sale of the U.K. chip designer Arm to U.S. firm Nvidia. And, Japan has a new…
BUSINESS
China’s national blockchain project to support DAML smart contract language
The Blockchain Services Network (BSN), the largest blockchain infrastructure initiative in China, now has a unified smart contract programming language. Red Date Technology, a major tech company … ( read original story …)
Cryptocurrency Lending Seeing Growth, Fueled By Shadow Banks: Analyst
Transactions vary from those involving the borrowing of cash with crypto-collateral, the lending of both cash and crypto-currencies as an investment, and borrowing crypto-currencies against other … ( read original story …)
Bank of America Hires Zhang for China Business, Memo Says
Bank of America China has hired Wenjie Zhang as managing director and president, according to a memo seen by Reuters. Zhang will be based in Shanghai and will be appointed as branch manager of Bank…
China’s strongest local brands: Consumer products replace internet brands
ASIA’s TOP 1000 BRANDS: Haier (appliances), Li Ning (casual wear) and Maotai (baijiu) are among the companies more consumers see as strong domestic brands, as Alipay, Taobao and Tmall all slide. ( read original story…
China’s Gen-Z affects brands in every aspect
People under 30 are bringing upstart brands to the fore, rejuvenating old brands, taking increasing pride in buying domestic—and keeping marketers on their toes. ( read original story …)
China software firm Ming Yuan launches up to $800 million in Hong Kong IPO
Chinese property software company Ming Yuan Cloud on Monday launched an IPO in Hong Kong to raise as much as HK$6.17 billion ($798 million), a deal term sheet showed, as the city gears up for its … (…
China’s Economy Is Recovering Though Unevenly: Forbes China Forum
China’s economic recovery from the COVID-19 shock in early 2020 is continuing in the second half of the year, albeit unevenly, a senior economist told the recent U.S.-China Business Forum organized by … ( read…
China’s Ming Yuan launches up to $800 million Hong Kong IPO: term sheet
Chinese property software company Ming Yuan Cloud on Monday launched an IPO in Hong Kong to raise as much as HK$6.17 billion ($798 million), a deal term sheet showed, as the city gears up for…
China brands Hong Kong citizens held at sea ‘separatists’
The Shenzhen city police said the 12 Hongkongers were under criminal detention on suspicion of illegally crossing the border … ( read original story …)
China’s Ming Yuan launches up to $800 mln Hong Kong IPO – term sheet
Chinese property software company Ming Yuan Cloud on Monday launched an IPO in Hong Kong to raise as much as HK$6.17 billion ($798 million), a deal term sheet showed, as the city gears up for…
Xiaomi-backed Tiger Brokers taps investor frenzy for Chinese tech IPOs in US
As mainland Chinese companies launch bigger initial public offerings (IPOs) on exchanges in the United States, Beijing-based online brokerage Tiger Brokers is helping investors back home get a cut of … ( read original story…
Perfume brand says cutting John Boyega from ‘personal experiences’ ad for China was misstep
Perfume brand Jo Malone has apologized to Black actor John Boyega after cutting him out of the Chinese version of a commercial he helped create. ( read original story …)
