The world’s first cryptocurrency price (trading now around $35,230) lost around 1.35% of its value over the last 7 days. Source: coinmarketcap.com … ( read original story …)
Tagged By blockchain
China’s economic recovery picks up speed after Covid-19 shock –business live
Bloomberg explains that China’s growth beat forecasts, and will aid the global economic recovery this year: “China has more than returned to trend growth,” said Raymond Yeung, chief economist for … ( read original story…
China stock alarm bells rebuffed as JPMorgan, BlackRock stay upbeat, market barometers remain a distance from 2015 crash triggers
After a 61 per cent rally from the depths of the Covid-19 pandemic, talk of bubbles among China stock bears is emerging before the Year of the Ox kicks in next month. ( read original…
China’s Growth Beats Estimates
The latest data out of China confirms that the country’s economy expanded last year, making it the only major nation to avoid a contraction amid the pandemic fallout. Full year growth came in at 2.3%…
Chinese E-Cigarette Maker Seeks Up to $1.2 Billion in U.S. IPO
Chinese e-cigarette maker RLX Technology Inc. is looking to raise as much as $1.17 billion from a U.S. initial public offering, highlighting how American stock exchanges remain attractive fund-raising … ( read original story …)
Bitcoin Mining Firm HASHR8 Says US and other First World Nations Might Make Crypto Mining “A Strategy to Maintain Power”
Bitcoin mining firm HASHR8 says US and other first world nations might make crypto mining “a strategy to maintain power.” … ( read original story …)
Top JPMorgan banker sees steady supply of Chinese health care IPOs, even as investors flag valuation concerns
China’s health care industry, the world’s second largest, will see a sustained increase in stock offerings after registering record-high transactions and valuations in 2020, a senior JPMorgan Chase … ( read original story …)
China’s Blockchain-Based Service Network to Integrate Central Bank Digital Currency
China’s Blockchain-based Service Network (BSN) – a permissioned blockchain network for building decentralized applications and tokens – plans on releasing a beta central bank digital currency (CBDC) … ( read original story …)
China approves four sci-tech innovation IPOs
The initial public offerings (IPOs) of four firms on the science and technology innovation board have been accepted by Chinese securities regulator. The China Securities Regulatory … ( read original story …)
Global Hedge Funds Struggle Even in a More Open China Market
In November, China expanded access for more than 400 foreign institutions … Chinese hedge funds face frustrations too, though. Those hoping for more business from international players have also … ( read original story …)
4 Companies To Join Hot IPO Market This Week, Bringing Exposure to Vaping Sales In China And Luxury E-Commerce
The hot IPO market continues with four more additions in the shortened … This Beijing-based company sells vaping products for smokers and claims to be the No. 1 “e-vapor” brand in China. It is set…
What blockchain is, how it works and how China will lead the world
the future of blockchain technology in the world’s second-largest economy did not look bright. But an endorsement from President Xi Jinping in late 2019 completely turned things around. More than a … ( read original…
Trump’s China Inc. Onslaught Leaves Key Decisions for Biden
President Xi Jinping asked the U.S. to treat Chinese companies “fairly” in a letter read out at the White House to mark the signing of a landmark trade deal between the world’s biggest economies. (…