Due to regulatory restrictions in China, Babel doesn’t deal or trade in any fiat currencies … in order to easily liquidate their positions should they need to. Yang anticipates that crypto … ( read original…
Tagged By blockchain
If China Bans Bitcoin Mining Crypto Could go to Over $10,000+
China’s official state planner is taking immediate steps to eliminate and make illegal bitcoin mining within their country, A detailed draft that lists industrial activities reflects the growing … ( read original story …)
VW Advances Truck Unit IPO Plan Despite Swirling Trade Woes
The Stoxx 600 European index is up about 9.7%, even after suffering a 5.7% decline in May as tension escalated between the U.S. and China. Fundraising from IPOs on European exchanges has fallen 58% ……
VW Advances Truck Unit IPO Despite Swirling Markets, Trade Wars
The Stoxx 600 European index is up about 9.7%, even after suffering a 5.7% decline in May as tension escalated between the U.S. and China. Fundraising from IPOs on European exchanges has fallen 58% ……
A Chinese blockchain entrepreneur won Warren Buffett’s charity lunch with $4.6M bid
“But no, I wouldn’t be the person to be a big leader in blockchain.” This is the fourth time a Chinese bidder won the race and publicized their identity. The bidding activity also reflects Buffett’s…
White Rabbit candy leading resurgence of China’s home-grown brands as trade war shifts focus
Trend, known as ‘guochao’ in Chinese, sees storied brands reinventing themselves with crossover and ancillary products to entice a new breed of millennial shoppers Warrior trainers and Shanghai M&G … ( read original story …)
The environment for blockchain in China is ‘pro-innovation’: Ant Financial
If you can’t see the YouTube player above, try watching here instead. After Chinese authorities cracked down on cryptocurrencies and initial coin offerings (ICOs) two years ago, the hype surrounding … ( read original story…
Shanghai tech board unlikely to challenge Hong Kong’s status as preferred IPO hub for Chinese biotech firms
Investment bankers say US-China trade war may dampen valuations of biotech firm IPOs in Hong Kong, but overall numbers likely to remain intact While Chinese biotech companies are likely to opt for … ( read…
We need to distinguish hype from reality in China disputes
The Raptors are an example of one of the many ways in which China is linked to Canadian business interests. At the same time, two innocent Canadians are in a Chinese jail in retaliation for…
China Gymnast Hero’s Brand Vaults Back Into Spotlight With MSCI
The sports world loves a comeback story, and Li Ning — both the former gymnast and his apparel business — are seeking a return to glory. Li, 56, is back in the spotlight as his…
This Unicorn Was Rejected by Every VC. Now It’s Eyeing an IPO to Raise $1 Billion
Now the firm, with 220 employees, and offices in San Francisco, Berlin, Beijing, and Tokyo … about 16% of companies were profitable at their IPO—the lowest figure since the dotcom bubble … ( read original…
China-led oil project tanks
And it helps explain why China’s spending in the sector has slowed to a trickle … Indeed, PROP might be considered a core business if not for the higher profits the company expects to realize…
China to probe FedEx after Huawei says parcels diverted
BEIJING (Reuters) – China will investigate whether FedEx Corp damaged the … Washington last month put Huawei on a blacklist that effectively blocks U.S. firms from doing business with the … ( read original story…