China Tower’s core tower business revenue growth in 1H 2020 was below expectations, notwithstanding a decent financial performance for the company as a whole over the same period. ( read original story …)
BUSINESS
Hong Kong’s most overbought IPO Nongfu Spring gushes on debut, pushing founder to among China’s newly minted billionaires
Nongfu Spring has become a record-breaking IPO in Hong Kong after it locked up as much as HK$677 billion – about a third of Hong Kong’s daily cash in circulation – in capital from small…
How bitcoin met the real world in Africa
Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He started paying his suppliers in bitcoin. ( read original story …)
Blockheads: China sets global blockchain standards and Canaan is alive
The International Telecommunications Union approved China-made blockchain standards for global application for the first time. ( read original story …)
Blockchain powered ‘Smart Brain’ to govern China’s new ‘Aerospace City’
Blockchain firm CyberVein is partnering with the Chinese government to build a blockchain-powered governance system for its aerospace ‘smart city.’ … ( read original story …)
Nongfu Springs IPO Pop Briefly Mints Bottled Water Entrepreneur As China’s Richest Man
Chinese businessman Zhong Shanshan had already done well for himself on the 2020 Forbes Billionaires List published in April. ( read original story …)
Jump in Hottest Hong Kong IPO Makes Founder China’s Second Richest
It was the hottest IPO in town. Now Nongfu Spring Co.’s stock surge is turning its founder into China’s second-richest person. ( read original story …)
Chinese water brand’s IPO more than 1,000 times subscribed
Demand for shares in a famous Chinese bottled water company outstripped supply by more than 1,000 times ahead of their Hong Kong debut, underscoring surging appetite for new stock offerings in the … ( read…
Trump Promotes Decoupling From China With No Clue as to How It Can Work
“So when you mention the word decouple, it’s an interesting word,” Trump told a Labor Day news conference at the White House in which he vowed to bring jobs back to America from China. “We…
Blockchain in Banking and Financial Services Market Booming Segments; Investors Seeking as a Biggest Opportunity in Coming Decade
Latest released the research study on Blockchain in Banking and Financial Services Market, offers a detailed overview of the factors influencing the global business scope. Blockchain in Banking and … ( read original story …)
Blockchain Distributed Ledger Market to See Booming Growth with Accenture, IBM, Microsoft, Earthport
Global Blockchain Distributed Ledger Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country … ( read original story …)
Participants at Cointelegraph China’s DeFi Marathon say that Ethereum 2.0 is not the answer to high gas fees
High gas fees for transactions on the Ethereum blockchain are at record highs amid the decentralized finance hype that has attracted many new users to get on board on the Ethereum network. A group of…
Chinese water brand’s IPO oversubscribed by more than 1,000 times
Demand for shares in a famous Chinese bottled water company outstripped supply by more than 1,000 times ahead of their Hong Kong debut, underscoring surging appetite for new stock offerings in the … ( read…
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