Decentralized finance (DeFi)-related tokens and exchanges appear to be making a comeback after China announced its latest crackdown on crypto.
Tagged By blockchain
Chinese sportswear startup Peak raises $232m as it aims for IPO
Chinese athletic apparel maker Peak Sport Products has raised nearly 1.5 billion yuan ($232 million) in a strategic investment led by CR Capital Management, as the company has reportedly planned an …
China Stocks Rise as Liquor Firms Surge to Offset Power-Cut Woes
Shares of Chinese liquor makers drove advances in the mainland market, even as materials stocks fall due to concerns over power curbs that have hurt large swathes of manufacturing in the country.Most …
China Evergrande’s EV unit scraps IPO plan while CNOOC, Dongfeng Motor unveil new domestic stock offerings
China Evergrande Group hit another bump on the road to ease its liquidity crisis after abandoning a plan to float its car-making unit at home. At the same time, oil explorer CNOOC Limited and Dongfeng…
China ‘is a leader in 4th industrial revolution’
Liang Wen’gen, chairman of machinery leader Sany Group, No 53 on the list, said: “We private enterprises get the greatest confidence from the country’s strengthening support for private firms, …
Surging China business bolsters freight service of Qatar Airways
Qatar Airways Cargo, the cargo unit of the national airline of Qatar, was listed as the No 3 carrier in terms of schedule cargo ton-kilometers flown last year, behind Federal Express and UPS. The …
China will likely fail in its CPTPP bid — but it’s a ‘smart’ move against the U.S., say analysts
China’s application to join the mega trade pact stands in contrast to the U.S.’ lack of economic policy in Asia-Pacific, analysts said.
US drops demand Canada extradite Huawei CFO Meng Wanzhou, allowing her to return to China
Under a deal worked out by Washington and Beijing at the highest political levels, Meng Wanzhou, the chief financial officer of Huawei and the daughter of its founder, returned to China Saturday, …
Products of New Zealand, Vanuatu embarked for China Int’l Import Expo
Provided by Xinhua Products from New Zealand and Vanuatu have been embarked for the fourth China International Import Expo CIIE which will be held …
China Directs Companies To Temporarily Halt Production To Meet Energy Consumption Targets
In a major blow to China-based manufacturers, over 160 firms were forced to temporarily halt production to help provinces meet their energy consumption targets …
Kiatnakin Phatra-backed ADDX Expands China Footprint With US$200-million Agreement Linked To China’s Offshore Investment Scheme
Kiatnakin Phatra Financial Group-backeddigital securities exchange ADDX – formerly known as iSTOX – expects to enlarge its business in China significantly, after concluding a US$200-million agreement …
Crypto will recover from China’s latest ban, says report
Cryptocurrency will recover from China’s latest ban. This is according to a report on CoinTelegraph that chronicled the last 12 years of China’s clampdown on cryptocurrency. The report said, “Chinese …
China Evergrande’s NEV unit scraps IPO plan while CNOOC, Dongfeng Motor unveil new domestic stock offerings
Troubled developer’s car-making unit abandons onshore listing plan amid a liquidity crisis, while CNOOC and Dongfeng Motor unveil new offering plans in Shanghai and Shenzhen.
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