China’s new tech export rules do not target any specific company, the commerce ministry said on Thursday, when asked if the new rules mean ByteDance’s sale of TikTok’s U.S. operations could require … ( read…
BUSINESS
Hong Kong: Beijing cracks down while the financial centre thrives
detained hours after Ant filed for its IPO. A raid by police in August on the offices of Apple Daily, one of the few Hong Kong news outlets that Beijing does not control, has persuaded…
China’s services sector sustains recovery as hiring picks up: Caixin PMI
The recovery in China’s service sector activity extended into a fourth straight month in August, an industry survey showed on Thursday, with companies hiring more people for the first time since … ( read original…
Ant’s Mega IPO Sets Up Jack Ma to Escalate War With Tencent
(Bloomberg) — Ant Group’s late-summer IPO filing drove home why the business — backed by 711 million active users that spent $17 trillion through its platform — is headed for potentially the … ( read…
Blockchain Bites: How SushiSwap Drove Uniswap to DeFi’s Top Spot
A South Korean crypto exchange has been raided by police, Bitcoin’s Lightning Network hit a new high and BTC mining revenues are climbing. ( read original story …)
China’s first homemade aircraft carrier is heading back out to sea for another drill
The Chinese military has stepped up its training in recent months amid ongoing tensions with the US. ( read original story …)
Ant Group plans to raise more funds in Shanghai than Hong Kong in giant IPO: sources
China’s Ant Group plans to raise more funds on Shanghai’s Nasdaq-style market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in…
China’s economy is positioned to grow by more than 2% this year, leading the regional recovery: Analyst
Tuuli McCully of Scotiabank states that China has been leading the regional recovery as reflected in its services and manufacturing sector, and that China is positioned to have a relatively solid … ( read original…
What will a Wish IPO look like? We may know soon
Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floats, guinea pig … ( read original…
US is world’s top telecom spy while bluffing with ‘China threat’: FM
US is world’s top telecom spy while bluffing with ‘China threat’: FM. Global Times. Source: Global Times Published: 2020/9/1 23:07:17 . While the US was bluffing the world with it … ( read original story…
China’s Digital Currency May Come With Hardware Wallets as Well
China’s digital currency might come with a hardware wallet, according to a state-owned bank’s digital yuan trial terms and services. ( read original story …)
What will a Wish IPO look like? Seems we’ll find out sooner than later
Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floaties, guinea pig … ( read original…
STAT China: Lineup for Hong Kong IPO grows, and a conversation with Junshi’s Li Ning
In this edition, we feature a conversation with Li Ning, CEO of Junshi Biosciences, along with other news and notes from Chinese biotech. ( read original story …)
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