Experts suggest that surge in these Asian meme tokens and Altcoins could be an indicator of a potential shift in China’s crypto policy.
BUSINESS
U.S. Banks Are Giving Up China IPO Mandates
International investors have soured so much on Chinese initial public offerings that investment banks are backing out of potential listings. Goldman Sachs has given up several mandates for IPOs in …
American Investment Banks Are Giving Up Some China IPO Mandates
International investors have soured so much on Chinese IPOs that investment banks are backing out of potential listings and even small deals have become a tough sell.
Chinese brands buck downward trend, sustain robust growth momentum
Chinese brands bucked the downward trend and sustained robust growth momentum in the post-pandemic era, according to a report released by the international market research firm Kantar on Wednesday. A …
MissFresh faces delisting from Nasdaq two years after IPO
MissFresh, a Chinese online grocery delivery company, says it has received a delisting determination from Nasdaq.
China issues third set of oil import quotas for 2023, up 20% on last year
China has issued a third batch of 2023 crude oil import quotas, raising the total volume in the first half of this year to 194.1 million tonnes, up 20% from the same period last year.
China’s Property Tycoons Remain in Charge Even as Empires Fall
Two years after a crisis erupted at China’s property developers, leaving bills unpaid, homes unbuilt and creditors trying to recover the scraps from defaulted firms, a burning question remains: why …
China Sales Slowdown Jeopardizing Nike’s Long-Term Guidance
Nike’s long-term high-single-digit sales growth target is at risk due to boycotts in China and rising local competition. Click here to see our take on NKE.
Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?
Bank of China’s investment arm BOCI has utilized the Ethereum blockchain network to issue $28 million worth of digital structured notes.
Saudi Arabia Looks to China for Business as US Influence Wanes
Days after welcoming Secretary of State Antony Blinken as part of efforts to reset relations with the US, Saudi Arabia turned its attention to boosting ties with one of Washington’s main competitors: …
Nars’ rapid ascent: Brand tops Tmall 618 shopping festival rankings
Nars secures top position for beauty in this year’s 618 shopping event, but domestic brands gain ground with tailored products in China …
China’s Stimulus Runs Into Wall of Doubts in a Bearish Market
The lack of confidence is so entrenched among China’s equity investors that government efforts to boost growth are repeatedly met by calls for Beijing to do more. Most Read from BloombergElizabeth Hol …
Is China Easing Up On Crypto? Chinese Financial Institution Issues First Tokenized Security
BOCI, the Bank of China’s investment banking arm, made a major cryptocurrency move this week when it issued tokenized securities on Ethereum in Hong Kong, leading many to believe that China is testing …