Jack Ma’s Ant Group Co. got the green light from China’s securities watchdog for its initial public offering in Shanghai, clearing another hurdle as the Chinese fintech giant tries to complete its … ( read…
BUSINESS
Jack Ma’s Ant Group gets Chinese approval for Shanghai arm of $35B IPO
The Shanghai arm of Ant Group’s (NYSE:BABA) potential record dual IPO has received approval from the China Securities Regulatory Commission.The $35B IPO, split between Hong Kong and Shanghai, would … ( read original story …)
UPDATE 1-Ant Group gets green light for Shanghai listing from China regulator
China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle … ( read original…
In The Cryptocurrency Race, Washington Stumbles While China Pulls Ahead
China will exploit the US’s lack of a coherent framework for cryptocurrency to unseat the dollar. getty. Among the many technological battlefronts between the US and China is cryp … ( read original story …)
Top Blockchain Finance Gala! WaykiChain holds 2020 DeFi Global Summit and WaykiChain Ecosystem Partner Conference in Shanghai on Oct 25
experts and scholars in traditional finance (securities and banking), representatives of China Academy of Information and Communications Technology, Shenzhen information service Blockchain Association … ( read original story …)
Despite tough talk on China, Trump spent years trying to land business projects there, report says
President Trump spent a decade pursuing business projects in China, operating an office and maintaining a corporate bank account there, a report says. ( read original story …)
Following Dida’s IPO filing, Chinese ride-hailing startup Shouqi Yueche closes series C round
Beijing-based ride-hailing platform Shouqi Yueche has closed its series C round, bagging “hundreds of millions of US dollars,” 36Kr reported on Friday, without revealing any other financial details. ( read original story …)
17M Chinese tourists verify health using blockchain to visit Macau
Chinese non-profit blockchain consortium FISCO BCOS, reports that blockchain-based health records have successfully enabled China to resume mainland tourism to Macau. From May, Macau’s … ( read original story …)
While doing business between 2013 and 2015 Trump paid $188,561 in taxes to China. He paid $750 in taxes to the US in 2016 and then 2017.
Trump’s businesses “paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015,” citing tax records reviewed by the NYT. ( read original story …)
Blockchain to add US$1.76 trillion to global GDP over 2021-2030, says PwC Taiwan
PwC Taiwan has published a report predicting blockchain technology will add a total of US$1.76 trillion to GDP of all countries around the world during the 2021-2030 decade. ( read original story …)
FCA Crypto Ban Is A Setback For The U.K. In Race To Lead The Growing Global Digital Assets Market
The U.K.’s Financial Conduct Authority (FCA) announced a ban on the sale of crypto derivatives to retail clients from January 2021. The ban will be a setback for the U.K. in maintaining its dominant ……
In China, most blockchain R&D funds are going toward this segment
A report published by Securities Daily explained how China’s publicly-listed companies spend the millions they have allocated toward blockchain R&D. The study surveyed 23 companies in China who began … ( read original story …)
Blockchain ETFs May Win as Digital Currency Concept Spreads
A s soon as the COVID-19 hit the globe, social distancing mandates and fears that notes may be carriers of the virus made the concept of digital currency popular. The Bank for International … (…
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