The World Health Organization, in draft advice erroneously sent to The Wall Street Journal and which WHO officials say wasn’t cleared for publication, warns that the coronavirus could spread via the … ( read original…
Tagged By beijing
Global chip shortage chokes China’s bitcoin mining sector
Soaring computer equipment prices are squeezing smaller miners while benefitting big-time players, many outside China. ( read original story …)
Caught In Beijing’s Crosshairs, Alibaba Stock Has Become Riskier
BABA stock is faltering because Beijing is targeting the company. That ups Alibaba’s risk profile in a big way. ( read original story …)
China’s Antitrust Moves Not Aimed at Private Sector Nor Specific Firms, Regulator Says
China’s recent antitrust measures are not aimed at its private sector and do not seek to hinder the development of such firms, a senior banking and insurance r … ( read original story …)
Friday’s IPOs Are About to Start Trading. They Aren’t the Usual Biotech Players.
The latest offerings to hit the market are a Brazilian private-equity firm and a Chinese maker of e-cigarettes. ( read original story …)
Hong Kong Hits 30K Resistance Level, ByteDance Rival Kuaishou Prepares For IPO, Week In Review
Hong Kong stocks outperformed Mainland China this week, hitting the 30,000 resistance level, following a year of lackluster returns compared to the Mainland. ByteDance rival Kuaishou has locked in … ( read original story …)
China Played Its Hand Well in 2020. Will It Keep Winning?
While American democracy struggled to cope with the pandemic, economic crisis and political unrest, Chinese authoritarianism could point to notable successes—and rising international clout. ( read original story …)
Oil falls as China COVID-19 cases trigger clampdowns
Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil … ( read…
China’s leading e-cigarette brand RLX Technology prices US IPO at $12, above the range
R LX Technology, a leading e-cigarette brand in China, raised $1.4 billion by offering 116.5 million ADSs at $12, above the range of $8 to $10. At pricing, the company commands a market value of…
China lifts coronavirus-related bans on two JBS meat plants – Reuters
JBS has announced that China has lifted pandemic-related bans imposed in 2020 on imports from two of its meat plants, according to Reuters. ( read original story …)
Shenzhen Continues CBDC Trials, Distributes Another $3 Million in Digital Yuan
The Chinese city of Shenzhen is preparing for its third test for China’s central bank digital currency (CBDC) project known as digital currency electronic payment (DC/EP), as it plans to distribute $3 … ( read…
Oil down $1 as China COVID-19 cases trigger clampdowns
Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil … ( read…
Global chip shortage hits China’s bitcoin mining sector
A global chip shortage is choking the production of machines used to “mine” bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge in the cryptocurrency … ( read…
