Ant Group’s highly anticipated initial public offering will be on hold for at least half a year as the company faces new regulatory obstacles, one CIO says. ( read original story …)
Featured Posts Title
Light aircraft collides with Beijing’s tallest building, killing pilot, injuring 13
China’s industrial profit gains dip in sign of weakness
A small plane has crashed into a Beijing high-rise, killing the pilot and injuring 13
Rare light aircraft crash in Beijing kills pilot, injures 13 people
Beijing’s tallest skyscraper hit by aircraft, pilot dies amid growing internet speculation
A small plane slammed into the tallest skyscraper in China’s capital. Hours later, it was like nothing had happened.
China expels senior party members from National People’s Congress
Recent Posts
Ant Group’s IPO won’t happen for at least six months after regulatory hurdles, China ETF issuer says
China’s Baoshang Bank to take $1 billion write down on bond
China’s Baoshang Bank said that it would write down the principal of a 6.5 billion yuan ($984.27 million) tier-two capital bond, nearly a year and a half after the bank’s seizure by regulators. ( read…
Trump Skips Asian Summits as China Set to Expand Influence
President Donald Trump has skipped summits with his Asian counterparts for the third year in a row, with rival China set to expand its influence with a massive free trade deal in the region. (…
China’s Baoshang Bank to take $1 bln write down on bond
China’s Baoshang Bank said that it would write down the principal of a 6.5 billion yuan ($984.27 million) secondary capital bond, nearly a year and a half after the bank’s seizure by regulators. ( read…
A stark warning from a Biden ally on China: ‘They are just a straight out danger’
Former New York Gov. David Paterson had with a blunt message for President-Elect Biden about China in the years ahead. ( read original story …)
Here comes the new US-China Digital Cold War
We’re never going back to where we were before with China, simply because the Chinese economy has nearly caught up with ours. ( read original story …)
China Regulator Vows to Cut ‘Too Big to Fail’ Risk in Innovation
China’s top banking regulator pledged to lower the risk of companies becoming “too big to fail” in financial innovation, suggesting the nation’s biggest technology companies will face increasing … ( read original story …)
China regulator says financial innovation must not create oligopolies
China should ensure financial innovation maintains fair competition and does not create oligopolies or construct barriers to entry, a Chinese regulatory official said Saturday. Xiao Yuanqi, chief risk … ( read original story …)
China finds coronavirus on packaging of Saudi shrimp
The western Chinese city of Lanzhou said on Saturday it had detected the new coronavirus on the packaging of a batch of shrimp imported from Saudi Arabia, as China ramps up testing of frozen foods.…
Inside China Tech: Alibaba leads record Singles’ Day sales as tech antitrust cloud gather
Hello, this is Bien Perez from the South China Morning Post’s Technology desk, with a wrap of our leading stories this week. This November should have been a double-barrelled celebration for … ( read original…
China Eases Rules on Insurers’ Investment in Unlisted Firms
China will ease rules to allow insurers to invest in unlisted firms for financial purposes, part of its broader efforts to encourage equity financing. Insurers will no longer be restricted to … ( read original…
China’s BSN predicted as long-term global project, still ahead of others
China’s Blockchain Service Network may not have a global impact anytime soon, but the region’s national blockchain infrastructure continues to outpace other regions … ( read original story …)
5G users to account for 20% of China’s mobile base by June 2021: Huawei
Large cities including capital Beijing and Shenzhen already enjoy full 5G coverage and 5G deployments are also accelerating in Shanghai … ( read original story …)
