A Chinese digital financial accounting platform is part of the IPO slate for the week. Beijing-based 9F Inc. is planning a 8.9-million share IPO, with the company offering 6.75 million ADSs and … ( read…
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Recent Posts
9F IPO: What You Need To Know
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
Measuring crypto trading volume in China or elsewhere is highly difficult. While digital wallets used to send and receive coins can be tracked on the blockchain technology that underpins most coins, … ( read original…
Can China’s state-run cryptocurrency compete with Facebook’s Libra?
But can it effectively counteract the threat to China’s financial system that Chinese officials say Facebook’s crypto project poses? Within a matter of weeks, China has gone from merely … ( read original story …)
Chinese lending platform Samoyed withdraws $80 million US IPO
The Shenzhen, China-based company was founded in 2015 and booked $55 million … The article Chinese lending platform Samoyed withdraws $80 million US IPO originally appeared on IPO investment manager … ( read original story…
China’s Digital Currency Is Unlikely To Be A Cryptocurrency
China’s adoption of digital payments has been astonishing. Alipay, owned and operated by Ant Financial, has more than 600 million average monthly users, an amount of people that is almost twice as … ( read…
China Distance Education Holdings Limited Reports Financial Results for Third Quarter Fiscal Year 2019
– Third Quarter 2019 Net Revenue Up 30.2% Year-Over-Year to $61.7 Million- – Third Quarter 2019 Net Income Up 84.1% Year-Over-Year to $9.4 Million- – Third Quarter 2019 Cash Receipts from Online … ( read…
Trump’s Olive Branch Whacks China With More Tariffs
1, along with more than 3,200 other product categories. Seemingly lost amid the sighs of relief: He is continuing to escalate the trade war against China and ensuring it will drag on for months. Along…
China’s economy worsens in July: Morning Brief
The move de-escalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much. [Yahoo Finance] Unexpected inflation jump … ( read original story…
The Finance 202: Trump contains his inner Grinch, partially delaying new China tariffs
President Trump announced Tuesday that he is ending his war on Christmas. The president’s decision to delay some tariffs on $300 billion of Chinese imports set to take effect next month may have been ……
China Jinjiang Environment reports flat 2Q earnings of $30 mil as higher cost of sales and other losses offset revenue rise
Finance costs fell 5.4% to RMB60.3 million while income tax … Co — entered into a conditional agreement for the acquisition of 29.79% of the shares in China Jinjiang Environment, to become the … (…
WeWork lifts veil on finances with IPO filing
WeWork would be the biggest company by value to list on the U.S. stock market this year after ride-hailing firm Uber Technologies Inc. An IPO would come at a time when an escalating trade war…
China appears to be gearing up for a possible military intervention in Hong Kong, but experts say Beijing is likely bluffing
Experts doubt Chinese military intervention is imminent at this point, though Beijing is trying to stoke fears that it could strike at any moment. ( read original story …)
Clashes Between Hong Kong Protesters And Police Capture Beijing’s Attention
NPR’s David Greene talks to David Rennie, Beijing Bureau Chief for The Economist magazine, about how Beijing is handling the protest movement in Hong Kong. ( read original story …)
