The commerce department announced Friday morning that it would ban U.S. business transactions with China-owned social apps WeChat and TikTok on Sunday. Paul Meeks, portfolio manager of the Wireless … ( read original story …)
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Recent Posts
U.S.-China tensions in technology is biggest concern: Paul Meeks
A brewing U.S.-China tech cold war rattles the semiconductor industry
As trade tech tensions mount between the U.S. and China the U.S. semiconductor industry fears a tech cold war is brewing that could disrupt the global supply chain. ( read original story …)
China’s 1st Supercarrier Could Feature EMALS Launch Technology: Report
China’s Global Times tabloid, viewed as an organ of the Chinese Communist Party, reported Sept. 13 that the new carrier could be launched late this year or early next. Read Next: The tabloid also ……
Beijing Capital Land: High Financial Leverage In The Spotlight
Beijing Capital Land’s 8M 2020 contracted sales only accounted for half of the company’s RMB80 billion FY 2020 target, implying that it could be challenging to meet the full-year target. ( read original story …)
JD Health makes an US$3 billion IPO appointment in Hong Kong for later this year
JD Health, the healthcare arm of e-commerce giant JD.com, is looking to raise up to US$3 billion via an initial public offering in Hong Kong later this year, according to people familiar with the ……
Trump faces a bigger decision than TikTok — What to do about China’s WeChat
The Commerce Department is scheduled to decide by Sunday which U.S. transactions with WeChat to ban under an e xecutive order President Trump issued Aug. 6, when he called TikTok and WeChat threats to ……
ByteDance floats US IPO for TikTok in effort to win White House approval
A TikTok IPO would likely mark the largest tech IPO in recent years. The company was recently valued at about $50 billion in private funding rounds. ( read original story …)
UBS Group Plans to Boost Asset Management Business in China
UBS Group AG UBS is mulling to use the new relaxed regulations in China to its advantage by strengthening its asset management business. The news was reported by Bloomberg. Chinas … ( read original story…
China aims to operate regular space flights by 2045, official says
China aims to set up a space programme operating thousands of flights a year and carrying tens of thousands of tons of cargo and passengers by 2045, state news agency Xinhua quoted an official as…
Ant Group gets the green light for mega IPO in Shanghai’s Star Market as China pulls out all stops to help tech champions raise funds
Shanghai’s speedy approval of Ant Group’s IPO paperwork showcases China’s eagerness to attract fast-growing technology companies to its markets as it competes with the US for technological supremacy. ( read original story …)
UPDATE 1-China eases cross-border yuan policy to help trade and investors -c.bank
China will make it easier for firms to make cross-border yuan settlements on foreign trade, and relax some curbs on foreign investment, the central bank said on Friday, as part of steps to support ……
China flies 18 warplanes near Taiwan during US envoy’s visit
Taiwan’s defense ministry says China flew 18 warplanes including fighter jets near Taiwan in an unusually large show of force as a U.S. envoy held talks with officials on the self-governing island … ( read…
U.S.-China investment flows hit their lowest in 9 years as companies feel the pressure to pull out
The decline continues a trend of the last three years, reversing a flurry of mergers and acquisitions by Chinese conglomerates in the U.S. that included purchases such as the Waldorf Astoria in New … (…
