With US legislators debating laws to deter the use of forced Uygur labour in China, and the garment industry in crisis after coronavirus, now is the time for apparel brands to pressure Beijing, a ……
BUSINESS
Hong Kong, China markets brace for impact from new coronavirus cluster concerns in Beijing
Hong Kong and China stocks are set to open lower on Monday, after a new cluster of Covid-19 infections in Beijing raised concerns over a second wave of coronavirus in the country. The Hang Seng…
Bitcoin Daily: Xapo Stops Credit Payments For Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
Xapo, a crypto wallet, will no longer deal in credit card payments for digital asset purchases and will implement new restrictions on bank transfers. ( read original story …)
Crunch time for China’s robot startups as pandemic brings pain and opportunities
But in China, months ahead of many countries in reopening its economy and the world’s biggest market for industrial robots, new business seems largely limited to robots for warehouses and disinfecting … ( read original…
Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
Chinese banks are clarifying that they are not shutting down any legal crypto accounts. Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling … ( read…
Chinese Companies to Bet Big on Blockchain Despite COVID-19 Crisis
Chinese companies surveyed still believe in the higher potential that blockchain technology could offer to their businesses … ( read original story …)
Agora Starts $100 Million U.S. IPO Process
Agora has filed to raise expansion capital via a U.S. IPO. The firm provides real-time voice and video APIs to businesses. API is growing quickly with plans to … ( read original story …)
Livestreaming in China: only for sales or is there brand value?
TechNode Insider Ashley Galina Dudarenok looks at the future of Chinese livestreaming. The question isn’t whether brands need to get into the game—it’s how. ( read original story …)
Coresight Research Report: Consumers Have Turned Against ‘Made in China’
Made in China” has become a cause of concern for consumers, according to a new report by Coresight Research. In its latest weekly U.S. consumer survey, the firm unearthed a what it described as a…
US IPO Weekly Recap: Vroom soars in another 8 IPO week
Eight IPOs and one SPAC entered the public markets this past week led by Vroom (VRM), which popped 118% in the best first day for a tech IPO since 2018. Three health care IPOs finished…
$1,000 Is Shockingly Worth This Much If You Bought Top 10 Crypto Assets In 2018
An anonymous investor bought $1,000 worth of ten top crypto assets on January 1, 2018 and regularly kept track of the portfolio’s performance. ( read original story …)
IPO Preview: Agora Aims For Expansion Capital Via U.S. IPO
Agora (API) intends to raise $100 million in an IPO of its ADSs representing Class A shares, according to an F-1 registration statement. The firm has developed a suite of voice and video APIs ……
Chinese car products marketplace Car House Holding files for a $37 million US IPO
C ar House Holding, which operates an online B2B marketplace for car products in China, filed on Friday with the SEC to raise up to $37 million in an initial public offering. The … (…
