Blockchain firm CyberVein is partnering with the Chinese government to build a blockchain-powered governance system for its aerospace ‘smart city.’ … ( read original story …)
BUSINESS
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…
There’s ‘a huge amount of money’ returning to China in IPOs: Stonehorn Global Partners
Sam Le Cornu of Stonehorn Global Partners explains why tech tensions between Washington and Beijing are “not one way in terms of negative sentiment.” … ( read original story …)
China’s Exports Rise at Fastest Pace in Nearly 1-1/2 Years as Economies Reopen; Imports Slip
China’s exports rose for the third consecutive month in August, eclipsing an extended fall in imports, as more of its trading partners relaxed coronavirus lockdowns in a further boost to the recovery … ( read…
China Plans Caps on Ant’s Lending Rates to Control Risk
China’s financial regulators plan to cap the interest rates Ant Group can charge borrowers on quick consumer loans, a move that could curb the financial technology giant’s biggest revenue driver as it … ( read…
Goldman Sachs joins syndicate for Ant IPO of up to $30 bln -sources
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group’s mammoth initial public offering of up to $30 billion, two people with direct … ( read original…
