BYD is showcasing its new concept car factory. The Chinese automaker’s semiconductor business will be given a road test in public markets soon. The company also produces batteries, giving it an edge … ( read…
Tagged By blockchain
China’s Ant Group plans sale of U.S.-based EyeVerify: FT
China’s Ant Group Co Ltd is planning to sell U.S.-based biometric security firm EyeVerify amid growing tensions between Beijing and Washington over China’s technology companies and tightening scrutiny … ( read original story …)
Gerber Technology Experienced tremendous revenue growth in China through innovation and digital transformation initiatives
Gerber Technology Experienced tremendous revenue growth in China through innovation and digital transformation initiatives SHANGHAI, Jan. ( read original story …)
Uniqlo and Shiseido among Japanese brands to lose luster in China
Japanese brands may be falling behind social-media-savvy rivals from China and South Korea that leverage a trend in the Chinese e-commerce market: Products that draw interest on social platforms … ( read original story …)
Ant Group IPO could get back on track if it resolves issues, China’s central bank governor suggests
Ant Group’s IPO, which would have been record setting, was pulled by regulators days before it was due to begin trading in Shanghai and Hong Kong in November. ( read original story …)
Ant Group’s IPO could be revived after ‘problem solved’, hints China’s central bank governor
PBOC governor Yi Gang said there needs to be more international cooperation on regulating fintech, particularly regarding the ownership of consumer data. ( read original story …)
Starbucks’ recovery, solid in China, still slow in the US
Starbucks’ recovery slowed at the end of last year as U.S. coronavirus cases mounted, but the coffee titan says it’s confident its U.S. business will fully recover by March. “I am optimistic, because … (…
Global luxury brands like Omega, De Beers eye China’s retail boom as wealth expands in lower tier cities
Global luxury brands are expanding into lower tier cities in mainland China, as growing wealth powers some of the best performing retail locations for high-end goods in the country. ( read original story …)
How China is tackling fintech risk and regulation
The writer is deputy governor of the People’s Bank of China and heads the State Administration of Foreign Exchange. With the rise of big data, artificial intelligence, blockchai … ( read original story …)
Ant IPO could resume once issues resolved: China’s central bank
Ant Group could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some relief to global investors seeking signs on what the future … ( read…
Kuaishou IPO: how newest millennial billionaires built the biggest rival to China’s TikTok
Kuaishou founders Su Hua and Cheng Yixiao will see their net worth jump above US$7 billion and US$6 billion, respectively, but their app still trails behind the popularity of ByteDance’s Douyin and … ( read…
Buying China Mobile shares might be a good idea this February
American Express says its Q4 earnings and revenue came in weaker than last year. It released £81 mln of funds that it had set aside to cover for bad loans. ( read original story …)
RockTree Capital Announces Investment and China Partnership With dYdX Decentralized Exchange
RockTree Capital, a merchant bank in Beijing and Shanghai that invests into and advises blockchain projects across North America and … ( read original story …)
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