Kuke Music Holding has filed to raise $50 million in a U.S. IPO. The firm licenses Western classical music, sells education services and provides music events in China. KUKE has been sharply and … (…
BUSINESS
China’s wealthy and middle-class investors are shying away from risky plays and looking inward after tumultuous 2020
Wealthy and middle-class investors have been the biggest winners in China’s economic boom, but the deteriorating external environment and questions surrounding tech start-ups have made them more … ( read original story …)
China a bigger threat to the US than Russia: Ric Grenell
China has become a “crisis” for U.S. “business, academia, and the public,” former acting Director of National Intelligence Ric Grenell said on Tuesday. ( read original story …)
How Zoom violated its own terms of service for access to China’s market
Like global tech companies before it, Zoom caved to the Chinese government, even when it meant overlooking basic human rights. ( read original story …)
Blacklisting of China’s Top Chip Maker SMIC Comes With Exceptions
U.S. lawmakers want tougher curbs on exports to Chinese semiconductor giant SMIC. ( read original story …)
CANbridge Pharmaceuticals Appoints General Manager of China
CANbridge Pharmaceuticals Inc., a company developing and commercializing innovative drugs to treat rare diseases and targeted cancers, announced that it has appointed Justin Lu to the position of … ( read original story …)
If the U.S. doesn’t lead the way on cryptocurrency, China will | Opinion
It’s no wonder that alternative stores of value are flourishing. Days ago, the cryptocurrency Bitcoin reached yet another all-time high, just as it became clear that a Biden-Harris administration was … ( read original story…
China Market Update: Year-End Profit Taking Rules The Day, JD Health Joins Southbound Connect, Potential Kuaishou IPO
Asian equities were a sea of red due to the global rise in coronavirus cases, which could lead to a rise in lockdowns and thus weigh on the global economy along with the expansion of…
China Customer Relations Centers: Fast Growth And Profitable Operations Justify A Stock Price Of At Least $10
CCRC increased 26% on over 10 million shares traded on Monday after Friday afternoon’s press release showed a strong improvement in the company’s financials. ( read original story …)
These Are 2020’s Biggest IPO Losers
Wall St. has created a list of some of the biggest IPO losers of 2020 year, including some brief analysis, as well as a recent trading history and what analysts are saying about each stock.…
WeChat Becomes a Powerful Surveillance Tool Everywhere in China
China’s do-everything app, WeChat, has become one of the most powerful tools in Beijing’s arsenal for monitoring the public, censoring speech and punishing people who voice discontent with the … ( read original story …)
Huawei and China frozen out in Sweden after appeals court upholds 5G ban
Chinese firms Huawei and ZTE excluded from 5G networks on security grounds, while polls rank human rights and democracy as top priorities in dealing with China. ( read original story …)
China uses blockchain technology to regulate livestreaming e-commerce
The market regulation authorities in east China’s Zhejiang Province have officially launched a blockchain-powered mobile app to improve regulations of the burgeoning livestreaming market. The app was … ( read original story …)
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