JPMorgan (JPM) has to pay $1 billion, which represents a premium of 51% if it takes full control of its China mutual fund joint venture. ( read original story …)
Featured Posts Title
Is China gearing up for World War III? New Beijing mega military city with nuclear bunker raises alarms
U.S. plans AI chip curbs on Malaysia, Thailand over China concerns
Did Corona Beer Sales Drop Due to Fears About the Coronavirus?
Will US Turn Focus On China If Russia Suffers Defeat In Ukraine? Beijing’s Fears Exposed
13th World Peace Forum held in Beijing, calls for shared responsibility in global peace
Largest drone show lights up sky in Shenzhen, China
Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing
Recent Posts
JPMorgan to Pay 51% Premium to Own 100% Stake in China JV
Italy Says China a Key Strategic Partner, Despite U.S. Concerns
Italy and China need to forge closer ties, Italian Foreign Minister Luigi Di Maio said on Tuesday, potentially putting Rome at odds with Washington, which has raised alarm over Beijing’s economic … ( read original…
Gold falls as U.S.-China trade optimism lifts risk sentiment
China trade relations boosted risk appetite as investors awaited a speech by Federal Reserve Chair Jerome Powell this week. ( read original story …)
Jack Ma’s Ant Group files for Hong Kong-Shanghai IPO, says first-half profit rose 1,000%
Ant Group, which is still controlled by Alibaba founder Jack Ma, reported a more than 1,000% jump in profits in the first half of 2020. ( read original story …)
China EV Startups Chase Tesla’s Success, Ride the IPO Wave
Tesla’s success in China and NIO’s recent rally are encouraging many local companies to go public as they vie to increase their market share in the country’s EV industry. ( read original story …)
What We Learned From Ant Group’s New IPO Filing
The fintech giant, which operates China’s largest payments platform, is preparing for what could be one of the biggest IPOs in years after raking in $3.2 billion in profit in the first half of the…
Shenzhen and Guangzhou: China’s Must-Know Southern Powerhouses
The two cities possess polar-opposite fashion personalities but are both part of China’s high-priority Greater Bay Area. ( read original story …)
U.S., China Confirm They Held Talks On Phase 1 Trade Deal, But Stocks Unimpressed
The countries confirmed that they discussed the “significant increases in purchases of U.S. products by China as well as future actions needed.” … ( read original story …)
China Media Says Military Ready to Deal With U.S., Taiwan ‘Secessionists’
Chinese forces are holding a series of drills to the north and south of Taiwan this week, amid heightened tensions with the U.S. ( read original story …)
China’s Tencent Sets The Bar For Facebook Payments
Facebook faces some challenges to growing its payments business, including: 1) economics; 2) digital commerce; and 3) politics. ( read original story …)
China’s Sinovac enters supply deal with Indonesia for COVID-19 vaccine doses
Sinovac Biotech Ltd said on Tuesday it would help Indonesia’s state-owned drugmaker Bio Farma produce in the country at least 40 million doses of its potential coronavirus vaccine before March 2021. ( read original story…
China’s Communist Party eyes blockchain for ‘decentralizing’ social services
Beijing’s strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in social assistance system reforms … ( read original story …)
Jack Ma’s Ant Group sets aim for world’s largest IPO
Ant Group, Alibaba’s financial technology affiliate and operator of China’s largest digital payment network, has filed to sell shares on the Hong Kong Stock Exchange and Shanghai’s STAR Market in what … ( read original…
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