Venture capitalist Neil Shen’s Sequoia Capital China is setting up a hedge-fund business to leverage its record of choosing winners in Chinese technology. ( read original story …)
BUSINESS
Why Crypto Investments Are Less Vulnerable to US-China Tensions
China tensions are taking a toll on venture funds that invest in non-crypto startups. Investment in the blockchain industry may be less affected. ( read original story …)
Bitcoin held an important level, but not the interest of investors
Bitcoin is trying to bounce back from $10K, although it is lagging behind the overall market recovery. Since late May, the Bitcoin Domination Index has fallen by nearly 12%. The total capitalization … ( read…
A Look At More Of The Latest New EV Listed Companies And Those That May IPO Soon
European EV sales are surging higher. Tesla Battery Day is coming soon and may be a ‘game changer’ for the EV industry. ( read original story …)
DCG’s Foundry to finance Bitmain customers in North America
China’s crypto mining giant Bitmain has entered a new partnership to streamline its operations in North America. As Bitmain officially announced on Sept. 10, the company has officially partnered with … ( read original story…
Yum China Lists on Main Board of HKEX
China’s largest restaurant company in terms of 2019 system sales, has officially listed on the Main Board of The Stock Exchange of Hong Kong Limited today. ( read original story …)
U.S. firms in China increasingly fear bilateral tensions will last for years: survey
U.S. companies in China are increasingly fretful that trade tensions between the world’s two biggest economies will drag out over years and nearly a third said their ability to retain staff had been … (…
China auto sales up 6% in August, down 15.4% year-to-date
China’s car sales rose 6% in August over a year earlier as the industry’s biggest market recovered from the coronavirus pandemic, but purchases for the year to date were off more than 15%, an industry…
Countries of the world ranked by crypto adoption┃Chainalysis report
A recent publication by Chainalysis puts Russia and China above the US in terms of cryptocurrency adoption, with Ukraine leading the way globally Cryptocurrency data analysis company, Chainalysis, … ( read original story …)
‘Not a great day’ for Yum China’s IPO debut in Hong Kong: BOCOM International
Yum China’s initial public offering debut in Hong Kong could have had its valuation referenced from its U.S.-listed entity, says Hao Hong from the Bank of Communications International. ( read original story …)
Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist
That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a … ( read original story…
Crypto-miners could flock to the Nvidia RTX 3080, leaving gamers out in the cold
That will certainly be disappointing to hear for those who thought that the crypto-mining boom days were over, but don’t forget that we recently heard that Nvidia’s Turing GPUs, such as the RTX 2060, ……
China’s economic recovery continues as pressure eases on consumers, manufacturers in August
China’s consumer price index (CPI) rose 2.4 per cent from a year earlier in August, while the producer price index (PPI) dropped 2.0 per cent year on year last month. ( read original story …)
