We must comprehensively address China’s broad, asymmetric efforts to acquire sensitive information about American consumers. ( read original story …)
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Keeping China’s Digital Trojan Horses at Bay | Opinion
KE Holdings raises $2.12 billion after pricing IPO at $20 per ADS
KE Holdings Inc. undefined, a Chinese real estate company, priced its initial public offering early Thursday at $20 per American Depositary Share, above … ( read original story …)
‘The Gold Standard:’ Why Chinese Startups Still Flock to the U.S. for IPOs
The U.S. remains a magnet for initial public offerings of Chinese technology companies, despite rising political, trade and regulatory tensions between the world’s two largest economies. ( read original story …)
China’s economy is clearly recovering from the impact of Covid-19: Analyst
Joshua Crabb from Robeco says China’s economy is showing signs of normalization, especially in the luxury segment. In particular, he sees opportunities in the technology space and industrials. ( read original story …)
Beijing asked New Delhi to ‘hold violators accountable’ — China journal on Galwan clash
According to Chinese Embassy journal, its Foreign Minister Wang Yi had urged S. Jaishankar for a ‘thorough investigation’ into the Galwan clash. ( read original story …)
China, worried about food security, cracks down on ‘big stomach kings’
China’s biggest short-video platforms said on Thursday they will punish users seen to be wasting food in their broadcasts, cracking down on so-called “big stomach kings” as the government urges … ( read original story…
Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China
Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems. ( read original story …)
China Mobile Revenue Rises as Pandemic Boosts Services Demand
China Mobile Ltd.’s revenue rose in the first half as the coronavirus pandemic prompted industries to accelerate steps toward digitalization, boosting demand at the country’s biggest phone company. ( read original story …)
China Mobile’s First-Half Net Profit Slipped 0.5%
China Mobile Ltd.’s net-profit in the first half of the year slipped 0.5%, as weaker margins offset a slight increase in operating revenue. The telecom operator posted a net profit of 55.77 billion … (…
Realtor IPO overcharges for Chinese housing
The New York stock exchange has a new Chinese tenant. KE, which operates home broker Lianjia and sales-and-services platform Beike, plans to price shares in its initial public offering above the top … ( read…
In China, fears of financial Iron Curtain as U.S. tensions rise
A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system – a devastating…
China central bank issues 30 billion yuan of offshore bills: HKMA
China’s central bank issued 30 billion yuan ($4.3 billion) of offshore bills in Hong Kong on Thursday, according to a notice published by the Hong Kong Monetary Authority. ( read original story …)
Exclusive: China pushes First Capital merger in drive to take on Wall Street
China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, three sources said, underscoring Beijing’s determination to consolidate the brokerage … ( read original story …)