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 …)
BUSINESS
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…
Goldman Sachs among banks working on $41b Ant IPO
HONG KONG • Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology company Ant Group’s mammoth initial public offering (IPO) of up to US$30 billion (S$41 … ( read…
Trump administration looking at banning business with China’s largest chipmaker
The U.S. government is reportedly looking at adding Semiconductor Manufacturing International Corporation, China’s largest chip maker, to its trade blacklist. ( read original story …)
Cryptocurrency: the next battleground in the US-China rivalry
The emerging threat to the global hegemony of the US dollar is e-currencies, and Beijing’s huge head start could put it in control of the world’s financial structure … ( read original story …)
Biggest IPO in history? China’s Ant could trump Saudi Aramco’s $29.4bln
Ant’s biggest and most popular business is Alipay, the largest player in China’s 430 trillion yuan ($62 trillion) third-party mobile payments market, according to market researcher Qianzhan. The huge … ( read original story …)
Goldman joins syndicate for what’s set to be the world’s largest IPO
(NYSE:GS) has joined the growing list of investment banks working on Ant Group’s mammoth initial public offering, which will list simultaneously in Hong Kong and Shanghai (Goldman also acted as a … ( read original…
China’s post-Covid-19 travel industry sees green shoots with tourists embracing short trips, luxury stays in lessons for global operators
The recovery of China’s US$1 trillion travel industry from the coronavirus pandemic could hold valuable lessons for countries that depend heavily on tourism. ( read original story …)
