Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set …
Tagged By blockchain
Tesla rival Li Auto targets US$1.9 billion in Hong Kong IPO as Chinese electric car sales soar
The electric vehicle maker has set the maximum price of its Hong Kong initial public offering at HK$150 (US$19.29) per share, which would enable it to surpass its Nasdaq listing a year ago.
DAILY VOICE | Chinese companies’ IPO traffic may shift to Hong Kong from US, says Piyush Nagda of Prabhudas Lilladher
One of the direct beneficiaries of the Chinese crackdown will be the Indian startup space. Ed-tech and fintech companies that are not yet listed will gain more, says Nagda …
China is Cracking Down on Private Sector. This Could Trigger Political Instability
The crackdown could have a long-term impact on Chinese efforts to become a technology superpower riding on the back of innovation.
RPT-COLUMN-China’s copper appetite wanes just as US grows hungry: Andy Home
The opinions expressed here are those of the author, a columnist for Reuters.) LONDON, Aug 2 (Reuters) – China’s copper import surge has peaked. The country sucked in a record 4.67 million tonnes of …
Market Wrap: Bitcoin underperforms ether; crypto tax ahead?
Bitcoin dipped below $40K as traders digest proposed crypto taxes. Cryptocurrencies were mostly higher on Monday as bullish sentiment continues into August. Bitcoin underperformed other major …
China Huarong to sell stake in consumer finance unit, restructure trust business
China Huarong Asset Management Co Ltd 2799.HK said on Tuesday that it plans to sell a 70% stake in a consumer finance unit, and restructure its trust subsidiary, as the Chinese bad loan company seeks…
China seeks common ground on US IPO rules
The China Securities Regulatory Commission (CSRC), the country’s stock market watchdog, is seeking to improve communication with its counterpart in …
China quietly set new ‘buy Chinese’ targets for state companies
China’s government quietly issued new procurement guidelines in May that require up to 100% local content on hundreds of items including X-ray machines and magnetic resonance imaging equipment, erecti …
China securities watchdog calls for talks with US after IPO halt
BEIJING • China’s securities regulator called for talks with its American counterpart after the United States Securities and Exchange Commission (SEC) halted the initial public offerings (IPOs) of …
Beijing’s APT side hustles. Unintended consequences for China’s cybersecurity regulations. Canadian cyber policy.
Chinese government enables cybercrime. Unintended consequences for Beijing’s cybersecurity policy. Vulnerability reporting in Canada. Ottawa’s proposed content moderation policies.
Ericsson nabs part of latest 5G RAN contract in China, Nokia left out – report
It appears that Ericsson was successful in securing a portion of Chinese mobile operators’ latest 5G tender, while Nokia was left out.
Britain Rethinks Letting China Enter Its Nuclear Power Industry
Britain agreed to let China take an ownership stake in its newest nuclear power plants, figuring Beijing had the nuclear know-how and the construction smarts to help replace the country’s aging power …