Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……
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ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: sources
Jack Ma’s Ant faces new rules as it aims to be world’s largest IPO
China’s largest provider of online consumer loans needs to limit the use of asset-backed securities to fund quick personal lending … ( read original story …)
Global report: China locks down border city in response to two Covid cases
China has locked down a city on its border with Myanmar and launched a campaign to test the city’s entire population of more than 200,000 people. Officials in Ruili in Yunnan province said the city…
U.S.-China Investment Flows Slide to Nine Year-Low as Bilateral Tensions Escalate
Investment, both direct investment by companies and venture capital flows, between the two countries fell 16.2% to $10.9 billion in January-June from the same period a year earlier – also hurt by the … (…
UPDATE 1-ByteDance rival Kuaishou aims to raise up to $5 bln in HK IPO -sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……
‘Whistleblower’ Claiming China Created Covid-19 Coronavirus Has Ties To Steve Bannon
Lack of real scientific evidence has been the big hole in ongoing conspiracy theories that claim that the Covid-19 coronavirus was actually manufactured by China. As I wrote previously for Forbes, … ( read original…
Standard Chartered CEO says Hong Kong is ‘very, very safe’ as a banking center
“The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That’s only become more clear,” said StanChart’s CEO Bill Winters. ( read original story…
China’s Sinovac to test coronavirus vaccine candidate in teenagers, children
Chinese vaccine maker Sinovac Biotech plans to start a clinical trial of its experimental coronavirus vaccine with children and adolescents later this month, widening its test on a shot that’s already … ( read original…
China remains ‘hugely important’ to the global economy, says Standard Life Aberdeen chairman
Geopolitical tensions between China and other countries can present new challenges for businesses, but the Asian giant’s role in the world has not diminished, said Douglas Flint, chairman of Standard … ( read original story…
Jack Ma’s Ant Group Hit by Flurry of New Rules Ahead of Mega IPO
Ant Group was dealt another blow by yet more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public … ( read original…
Beijing is publicizing its philosophy of how tech firms like TikTok must aid China’s rise
Sometimes it seems like Beijing is working at odds with its tech giants. Much of TikTok’s last year has been characterized by efforts to show it’s keeping a safe distance from the Chinese Communist ……
China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned
China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist. The Blockchain-Based Service Network (BSN), a … ( read original story …)
China welcomes U.S. firms to expand investment: commerce official
Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) BEIJING, Sept. 17 (Xinhua) — U.S. companies are welcome to step up investment … (…
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