Agora’s financials make its IPO pricing a neat puzzle, so let’s pull apart the good and the bad to better understand why the market was willing to pay than the company anticipated. ( read original…
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Agora’s above-range IPO pricing underscores a welcoming IPO market
China to Fast-Track Coronavirus Vaccine Trial Based on Advanced Genetics Technology
A research institute run by China’s military received approval to conduct human clinical trials of a new Covid-19 vaccine developed using so-called messenger RNA, in a notable breakthrough for China’s … ( read original story…
Fauci Says Coronavirus Came From Europe as ‘Everybody Was Looking at China’
Since everyone was focused on China when there was a threat from Europe, Fauci said, New York’s spike in cases wasn’t entirely its fault. ( read original story …)
China Message to U.S.: Crossing ‘Red Lines’ Could Put Trade Deal at Risk
U.S. pressure over matters China considers off limits could jeopardize Chinese purchases of farm goods and other U.S. exports under the “Phase One” trade deal. ( read original story …)
Vietnam’s prime minister denounces provocations in the South China Sea
Vietnamese Prime Minister Nguyen Xuan Phuc condemned “irresponsible actions” in the South China Sea during his address to regional leaders of the Association of Southeast Asian Nations at a virtual … ( read original story…
Chinese bank requires foreign firm to install app with covert backdoor
Researchers from Trustwave, the security firm that made the discovery, have dubbed the backdoor GoldenSpy. With system-level privileges to a Windows computer, it connected to a control server located … ( read original story …)
Shanghai, Santa Clara software IPO tops targets, raises $350M
It owns 25% of Agora’s Class A shares. Other major pre-IPO Class A shareholders include Shanghai-based Morningside Ventures, with a 15.7% stake; Susquehanna International Group (12.8%); Beijing-based … ( read original story …)
Donald Trump Should Be Worried: The U.S. Military Could Fall Behind Russia and China
The U.S. military is in jeopardy of falling behind Russia and China in some crucial areas of weapons and technology, including hypersonics, AI and quantum computing, according to senior Congressional … ( read original story…
President Trump Confronts China’s Domestic Atrocities | Opinion
The Trump administration does not look the other way when it comes to China’s repression of its Uyghur Muslims. ( read original story …)
The Galwan Killings Are the Nail in the Coffin for China and India’s Relationship
The Galwan Killings Are the Nail in the Co… DON’T LOSE ACCESS: Your IP access to ForeignPolicy.com will expire on June 15. To ensure uninterrupted reading, please contact Rachel Mines, sales … ( read original…
Crypto mining company Ebang International prices US IPO slightly below midpoint at $5.23
Ebang International Holdings, which makes equipment for cryptocurrency mining in China, raised $101 million by offering 19.3 million shares at $5.23, slightly below the midpoint of the range of $4.50 … ( read original story…
Shenzhen leads the way as China turns to property investment frenzy to boost growth
Beijing is expected to tolerate the property investment boom in China as it could help growth, with real estate investment in Shenzhen up 17.0 per cent in the first five months of 2020. ( read…
Viewpoint: Taking the pulse of U.S.-China relations
During the global financial crisis of 2008-09 U.S. and Chinese leaders consulted closely on measures to revive the global economy. Not so today. But there’s also a counter-narrative. Most U.S. ( read original story …)
