HONG KONG/LONDON — China’s state-backed energy firm SDIC Power Holdings has hired banks to list in London via the newly-minted Stock Connect scheme, three sources told Reuters, a boost for … ( read original story…
BUSINESS
China Railway Signal, Four Other Beijing Firms Lap Up 41% of Star Market IPO Funds
(Yicai Global) July 22 — Five Beijing companies, led by China Railway Signal & Communication, have raised about 41 percent of the total sum that the 25 first companies that got listed on Shanghai’s ……
China Bars 139 Funds From IPOs on Tech Board Violations
China suspended 139 funds from investing in initial public offerings after money managers breached subscription rules on the country’s new trading venue for technology stocks. Shenzhen Lin Yuan … ( read original story …)
New Blockchain Partnership Aims to Pave the Way for Mass Adoption in China
A blockchain platform and a gaming company note their partnership will benefit millions and pave the way for mainstream adoption in China. A blockchain platform has become the first public chain … ( read original…
Buffett Lunch Winner’s Crypto Coin Drops After Meeting Delay
The postponement came only hours after Sun tweeted invitations to other crypto boosters. Sun denied media reports that he was involved in illegal fundraising and money laundering, according to China’s … ( read original story…
How Bitcoin Is Subverting The System In China
The first question posed was one of BTC legality in China to which Wheese responded ‘yes’ … but there is no clear definition of what is ‘legal’. He added that any change will happen on…
China’s credit push to small firms falters in factory heartland
China’s State Council set a target requiring the Big Five to increase such loans by 30% this year and cut their rates by 1 percentage point. In Guangdong, CCB said it has hiked small business…
How China is slowly expanding its power in Africa, one TV set at a time
In 2018, virtually every African head of state descended on Beijing for the Forum on China-Africa Cooperation to secure a slice of the $60 billion in development loans and business deals on offer. … (…
Restaurant Brands plans to bring Popeyes to China with partner TFI TAB Food
Restaurant Brands International Inc. says it has an agreement to develop and open more than 1,500 Popeyes restaurants in China over the next 10 years. The Toronto-based company also owns the Tim … ( read…
Trump says China is paying his tariffs, but U.S. companies keep getting the bill
moved “a chunk of our product out of China,” mostly to Taiwan, Daniel Florness, the company’s chief executive, said earlier this month. Tailored Brands, owner of Men’s Wearhouse and Jos. A. Bank, told … (…
Popeyes® Announces Agreement to Open More Than 1,500 Restaurants in China Over the Next Ten Years
“We look forward to bringing our great tasting chicken, biscuits, sides and beautiful new restaurants to our guests in China with our partner, TFI TAB Food Investments (TFI).” “We are proud to bring … (…
Should Canada get tough with China?
It forces foreign companies to turn over their intellectual property as a precondition of doing business in China and otherwise manipulates the domestic Chinese economy to secure unfair advantages. … ( read original story …)
Chinese Government Blockchain Standardized Certification Received by Lenovo, Alipay, and Aelf
Since 2017, the China Electronics Technology Standardization Institute (CESI) has been conducting Standard Blockchain System Function Test in order to pressure test and certify the top blockchain … ( read original story …)
