Fidelity Investments has slashed its estimate of Ant Group Co.’s valuation for at least the second time this year, underscoring the deteriorating outlook for Jack Ma’s fintech giant as the Chinese …
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ZTE won bid for 5G nomadic base stations from China Mobile
ZTE Corporation has exclusively won the bid for 5G nomadic base stations from China Mobile Research Institute.
Alibaba-Backed LinkDoc Said to Seek Funds After Halted U.S. IPO
LinkDoc Technology Ltd., a Chinese medical data company, is seeking to raise money in a private fundraising, according to people familiar with the matter, after suspending plans for a July U.S. share …
China Factory Inflation Surge to Add Pressure to Global Prices
China’s factory-gate inflation accelerated to a 13-year high, adding to the pressure on global consumer prices which have been pushed up by a commodities boom, soaring shipping costs and an uneven …
Chinese businessman Qin Shuren gets 2 years in jail for exporting US marine tech to China
A Chinese businessman was sentenced on Wednesday to two years in prison after admitting that he illegally exported marine technology with uses in anti-submarine warfare from the United States for the …
COLUMN-Were China’s August commodity imports strong? Depends on your time frame: Russell
China’s imports of major commodities appeared to show signs of strength in August, but the gains in volumes are more nuanced and illustrate the difference between a short-term view and longer-term …
Arcane Crypto Places First Bitcoin Mining Rig Order
Full-service digital finance platform Arcane Crypto has announced its first purchase of bitcoin mining equipment via subsidiary Arcane Green Data Services.
Hard Luxury Brands Tap Co-Stars in Hot Chinese Drama as Spokespeople
LVMH-owned jeweller, Bulgari, on Wednesday announced Chinese actor Yang Yang, the leading man in one of China’s most popular dramas of the year, You Are My Glory, as its new spokesperson. This move …
Byju’s To Raise $400- $600 Million Ahead Of IPO Amid Booming Tech Sector
Byju could close the pre-IPO fundraising in a few weeks at a valuation of about $21 billion, said one of the people, asking not to be named because the details are private …
Kunshan Guoli Electronic Technology’s IPO to debut on SSE STAR Market
Kunshan Guoli Electronic Technology (688103) to start trading on the Shanghai Stock Exchange’s STAR Market Sep 10, tomorrow. The firm has issued 23.89 mln shares priced at RMB 12.04 per share raising …
ZTE exclusively wins bid for 5G nomadic base stations from China Mobile Research Institute
Shenzhen, China – ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today announced …
How Joseph Lubin became Wall Street’s crypto whisperer
In the summer of 2016, a group of central bankers from the American Federal Reserve left their Wall Street branch office, crossed the East River and headed to Bushwick. Their destination was a …
SenseTime IPO success rests on overseas investors
Artificial intelligence has delivered as much in controversy as it has for investors. Nowhere does that hold truer than for China’s AI “dragons”, the largest of which, SenseTime, is now seeking a Hong …
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