There is a lot of talk about China losing favor in the business world. For example, CNBC recently argued that they see a significant number of companies moving operations out of China. ( read original…
BUSINESS
Blockchain Distributed Ledger Technology (DLT) Market 2020 All Major Industrial Aspects, and COVID-19 Impact Analysis
CRIFAX added a report on ‘Global Blockchain Distributed Ledger Technology (DLT … growth of the global economy along with several efforts taken by countries such as China, Japan, United States of … ( read original…
Hong Kong will attract listings by international companies, not just Chinese firms, as Greater Bay Area opens up, outgoing IPO panel chief says
Hong Kong will continue to attract listings by international and Asian companies in the coming years, as the 2018 reforms and a soon to be launched wealth management connect scheme increase access to … (…
China’s biggest chipmaker is up over 200% this year as it begins $6.6 billion share sale
SMIC, China’s biggest chipmaker, kicked off a major 46.28 billion yuan ($6.6 billion) share sale on Tuesday. The contract semiconductor manufacturer is seen as a key player in China’s ambitions to … ( read original…
Alibaba and COSCO team up on blockchain and shipping
Alibaba is teaming up with the world’s third-largest shipping firm, but the partnership faces still competition from IBM and Maersk. ( read original story …)
Chinese AI start-up Cambricon to raise US$367.7 million through IPO on Shanghai’s Star Market
Cambricon, one of China’s most valuable AI chip start-ups, has set a listing price of 64.39 yuan per share on Shanghai’s Star Market. ( read original story …)
Three reasons India can’t quickly distance itself from China despite the border clash
Experts say it is difficult for New Delhi to disengage from Beijing and reduce its ties in the near term because of how intertwined the countries have become in recent decades. ( read original story…
Chipmaker SMIC set for a huge IPO as China looks to make semiconductor sector self-reliant
SMIC is China’s biggest contract manufacturer of chipsets, and the country’s hope to make its tech firms non-dependent on US chipmakers. The SMIC IPO push is part of the Communist Party’s strategy to … (…
U.S. Business Groups Urge China to ‘Redouble Efforts’ to Implement Trade Deal
As senior U.S. and Chinese economic officials plan to discuss China’s compliance with a trade deal signed early this year, more than 40 American business groups called on Beijing to step up purchases … (…
Chinese Courts Use Blockchain for Property E-Sealing
Courts in China are rolling out blockchain-based electronic seals to protect property from being disturbed or damaged … ( read original story …)
Is This $3 Billion Crypto Ponzi Still Alive?
Fleecing users of 3 billion USD worth of cryptocurrencies easily places the PlusToken Ponzi scheme on the top 10 of the largest schemes, ever. ( read original story …)
Chipmaker SMIC plans biggest China’s IPO in a decade
SMIC is China’s biggest contract manufacturer of chipsets and a key component of Beijing’s plans to achieve semiconductor self-reliance. ( read original story …)
Cambricon to raise $367.8 million in IPO amid Chinese chip fever
AI chipmaker Cambricon Technologies Corp said it will raise 2.58 billion yuan ($367.76 million) in its Shanghai initial public offering after pricing the listing at 64.39 yuan a share. ( read original story …)
