China’s foray into regulating the burgeoning cryptocurrency market has taken a landmark step with its first-ever criminal conviction for crypto fraud. The case, which saw a man sentenced to four and a …
BUSINESS
Chinese Student Faces 4 Years in Prison for Crypto Fraud Scheme
A young Chinese college student, Yang Qichao, has been sentenced to prison for orchestrating a fraudulent cryptocurrency scheme.
Richard Li’s FWD keeps ‘close eye’ on market amid rumours insurer will refile for IPO
FWD Group Holdings said it is keeping ‘a close eye’ on market conditions amid speculation its owner, tycoon Richard Li Tzar-kai, wants to revive his plan to raise capital through an IPO in Hong Kong.
Guatemalan coffee exporters stunned by China’s sudden ban
In an unexpected move that sent shockwaves through the Guatemalan export community, China has recently… The post Guatemalan coffee exporters stunned by China’s sudden ban appeared first on The …
China increases gas imports from Turkmenistan for green energy transition. It’s impact is unclear
China is the biggest energy consumer and importer in the world. Oil, gas and coal imports to China account for around 85 percent, 40 percent and 7 percent of the country’s domestic consumption, …
CHINA ADDS SOME US COMPANIES TO UNRELIABLE ENTITIES LIST
The companies include General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defence, Space & Security. They will be barred from engaging in China-related import or export …
China says it never uses EV subsidies barred by WTO
China never makes use of subsidies for electric vehicles that have been prohibited by the World Trade Organization, a spokesperson for its foreign ministry said on Thursday. Chinese companies are …
China Refutes EV Subsidy Claims Amid U.S. Tariff Hike
China denies using prohibited subsidies for electric vehicles, according to a foreign ministry spokesperson. This response comes after U.S. President Joe Biden accused China of flooding the U.S.
Why china’s tightening its IPO regulation
CHINA is tightening its grip on the country’s stock market with a set of new guidelines, hoping to arrest the protracted slump in share prices, improve the quality of listed companies, and restore …
Why China-founded online fast-fashion retailer Shein is looking to go public in London
The novelty of a Chinese internet company floating its shares in the UK could make Shein a trailblazer for other mainland tech firms.
China’s Industrial Bank Supports Accumulating Carbon Credits via Digital Currency Transactions
“Digital RMB wallets and carbon accounts are new [enablers / use-cases] for the innovative development of digital finance and green finance in China in recent years. Promoting the integration of the …
The 3 Most Undervalued Blockchain Stocks to Buy in June 2024
As the potential of blockchain becomes increasingly apparent across various industries, investors are keen to identify undervalued blockchain stocks that have the potential to deliver substantial …
Unisoc Gets USD552 Million Investment as Chinese Chipmaker Steps Closer to IPO
(Yicai) June 4 — Unisoc Technologies closed a new round of equity financing worth over CNY4 billion (USD552 million), as the Chinese communication chip designer has gotten one step closer to an …
