China’s oil product exports fell 28% month on month to 4.64 million mt in July — a five-month low — as oil companies cut exports due to quota shortages. China exported 26.29 million mt of…
Tagged By blockchain
Facebook, Amazon seek US approval for undersea cable after China Mobile’s exit
The tech giants hope to begin commercial operation of the data connection between the Philippines and California by late 2022.
With China Out of the Picture, Marathon Digital Is in a Bitcoin-Mining Bonanza
With China out of the picture, Marathon Digital is in the middle of a Bitcoin mining boom. MARA stock is too cheap compared to its peers.
China’s Nio, underwriters, must face U.S. shareholder lawsuit
Nio Inc and its bankers must face a shareholder lawsuit alleging the Chinese electric vehicle maker falsely told investors it had a new factory under construction during its 2018 initial public …
Hong Kong IPO Listings: No Cakewalk for China Tech Anymore
Hong Kong’s stock exchange is allegedly verifying that China applicants comply with the mainland’s rules, with some dropping plans to list.
China’s Legal Warfare Puts Business Executives At Risk
China is targeting U.S. and foreign business executives with legal warfare, or lawfare. Most corporate executives did not sign up to be on the front lines of an increasingly dangerous competition …
Cramer: Beware Didi, Alibaba, Baidu Stocks as China Cracks Down
As Beijing changes the rules of the game for Chinese companies at home and abroad, Jim Cramer urges investors to be cautious.
VeChain Targets Multi-Billion Dollar Pet Food Market in China
VeChain blockchain solutions targets the multi-billion dollar pet food industry in China with new blockchain-based food tracing.
Paytm IPO: Ex-Director Seeks To Stall $2 Bn Issue, Company Calls It ‘Harassment’
The dispute is connected to the crucial one-page document signed between Saxena and Paytm’s billionaire CEO, Vijay Shekhar Sharma, in 2001 …
China Tourism snubs US banks
China Tourism Group Duty Free is avoiding working with US banks on its jumbo Hong Kong listing because of US-China tensions, as the trade war takes an increasing toll on dealmakers. The decision dealt …
Biden’s infrastructure bill doesn’t undermine crypto’s bridge to the future
Some saw beneficial effects from the week’s legislative face-off. Still, “crypto and blockchain technology is at a significant moment.” …
These 2 Popular Stocks Rely Heavily on China — and That’s Not a Bad Thing
Nike has been selling its popular footwear and apparel in China for more than four decades, as founder Phil Knight correctly identified the massive opportunity early on. Fast forward to today, and …
Hong Kong stocks drop as China regulatory concerns linger before reports signalling further slowdown in economy
Hong Kong stocks decline amid lingering concerns about regulatory crackdown, while traders await key July data on China’s economic pulse amid a resurgence in delta cases.