Hong Kong is the top destination for Chinese companies seeking to list their shares outside China so far this year, but could face a challenge for initial public offerings from Shanghai’s new … ( read…
BUSINESS
Why Budweiser, Starbucks need to worry about China
“This is going to become a nationalist thing, it’s going to become China vs. the world,” Chang says. “And foreign brands are going to become targeted across the board.” Apple, Budweiser, Nike, and … (…
China officially launches technology innovation board, with trading expected to begin within two months
Beijing has officially launched its new technology innovation … It will adopt a registration-based initial public offering (IPO) system to facilitate companies’ fundraising. China’s securities … ( read original story …)
China’s vice-premier urges more economic supports to cope with U.S. trade war
Earlier on Thursday, China Daily, citing economists … Last month, the PBOC stepped up efforts to increase loan growth and business activity, announcing cuts in regional banks’ reserve requirements … ( read original story …)
BabelFinance Wrote $110 Million in Crypto Loans to Chinese Traders
It is clear that in China and elsewhere globally, anticipation is building for higher crypto prices.” Based in Hong Kong, BabelFinance offers an array of crypto-related services including management … ( read original story …)
China’s ‘Gen Z’ shoppers fuelling luxury market momentum: Bain
PARIS (Reuters) – Chinese “Gen Z” shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try and tap into buoyant demand for high-end goods in the…
China’s trade rep says ‘external pressures’ can help economy
Hong Kong’s South China Morning Post and mainland Chinese media outlets reported Thursday that Vice Premier Liu He described the pressures that China is currently facing as an “inevitable test.” He … ( read original…
China launches Nasdaq-style tech board in Shanghai, expects challenges
Complete with a U.S.-style registration-based IPO system, the STAR Market would be mainland China’s first exchange-run board that allows pre-profit firms to list. It will also do away with … ( read original story …)
China officially launches technology innovation board, but does not say when trading will begin
Beijing has officially launched its new technology innovation … It will adopt a registration-based initial public offering (IPO) system to facilitate companies’ fundraising. China’s securities … ( read original story …)
China economists expect interest rate, RRR cuts in coming weeks: China Daily
China’s broad money supply and new yuan loans grew more slowly … Last month, the PBOC stepped up efforts to increase loan growth and business activity, announcing a three-phase cut in regional banks … (…
China economists expect interest rate, RRR moves in coming weeks: China Daily
SHANGHAI (Reuters) – China is expected to adjust money and credit supplies in coming weeks, including cuts to interest rates or reserve ratio requirements, in order to counter “downside risks”, the … ( read original…
Blockchain and Cryptos: Does China Need Both to Grab the Global Crown?
China, is probably the only country that supports blockchain technology but is unwilling to embrace cryptocurrencies. Early this year, this Asian country banned crypto-related activities due … ( read original story …)
Crypto Bank BabelFinance Reports Lending has Topped $124 Million, Predicts $1 Billion in Issued Loans by the End of the Next Crypto Bull Run
According to a note from the company, BabelFinance expects to hit “$1 billion in issued loans by the end of the next crypto bull run.” BabelFinance is regulated in Hong Kong holding an “internet small…
