On July 20, Ant Group, the fintech arm of Alibaba established in 2014, announced it would launch initial public offerings (IPOs) both on Hong Kong Stock Exchange and the Science and Technology … ( read…
BUSINESS
Chinese Schools Can’t Keep Up With Demand for Blockchain
The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists … ( read original story …)
China to boost smart infrastructure in transport sector
By using blockchain technology, China will intensify whole-chain oversight on electronic documents, online businesses, and hazardous substances, according to the guideline. Follow China.org.cn on … ( read original story …)
Tigermed roars in its Hong Kong stock trading debut, as Asia’s largest healthcare IPO of 2020 draws traders to its clinical trials
It plans to use much of the US$1.38 billion raised to expand overseas, amid the huge surge in clinical trials for products related to potential vaccines and treatments for the coronavirus. ( read original story…
Why Gold and China Tech Are the Best Hedges Right Now
The U.S. boasted the world’s best stock market, and bonds, apart from offering interest income, provided a nice hedge against equity risks. Support our journalism. Subscribe today. Now we live in … ( read original…
Stocks Fall, Bonds Climb on U.S.-China Tensions: Markets Wrap
Stocks dropped Friday, led by Chinese technology firms, after a U.S. move to prohibit transactions related to WeChat stoked tensions. Treasuries and the dollar rose.China and Hong Kong shares saw the … ( read original…
Asian shares skid amid virus woes, China-US trade tensions
Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy. Investors were also … ( read original…
China’s Exports Jumped in July as Global Demand Rekindled
(Bloomberg) — China’s exports rose in July as economic … bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ( read original story …)
Microsoft expands TikTok takeover ambitions to entire global business
Even adding the entire business to any deal does not resolve the enormous challenge of untangling TikTok’s technology from ByteDance. ByteDance had previously been working on separating the data and … ( read original story…
Blockchain can help ‘antique’ iron ore industry
Blockchain can help ‘antique’ iron ore industry. Aug 06, 2020 | 01:00 PM | Singapore | Paul Lim . Tags blockchain, iron ore, DBS Bank, letters of credit, LC, Sriram Muthukrish … ( read original…
Putin Outlines New Russian Crypto Rules And Banks Prepare For New Exchanges
Russia has revamped the rules of the cryptocurrency game within its borders. In short: cryptocurrencies like Bitcoin, Ether, and others can be traded, but no goods and services in Russia are allowed … ( read…
Ucommune Group Holdings withdraws $100 million US IPO in favor of SPAC merger
Ucommune Group Holdings, a leading provider of shared work space in China, officially withdrew its plans for an initial public offering on Thursday. It originally filed in December 2019 with a … ( read original…
Bitcoin Association to partner with CSDN on Bitcoin SV DevCon: China
Bitcoin Association, the global industry organization that works to advance business with Bitcoin SV, today announces the … ( read original story …)
