The New York Stock Exchange’s surprise decision to spare three major Chinese telecommunications companies from being delisted marks a temporary reprieve, not a sign that tensions between Washington … ( read original story …)
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Fashion designer Pierre Cardin remembered in China as a pioneer who inspired brands like L’Oreal to follow in his footsteps
French fashion designer Pierre Cardin is revered by fashion lovers and designers in China for bringing haute couture chic to the country as its reform and opening-up era began. ( read original story …)
Chinese Regulators Try to Get Jack Ma’s Ant Group to Share Consumer Data
Beijing is trying to get Jack Ma to do something the beleaguered billionaire has long resisted: share the troves of consumer-credit data collected by his financial-technology behemoth. ( read original story …)
UPDATE: Genworth looks to cost cutting, including possible job reductions, with China Oceanwide deal on indefinite hold
That could include a partial IPO for its U.S. mortgage insurance business … family-owned international financial holding company based in Beijing, for $5.43 per share or $2.7 billion. ( read original story …)
China has condemned one of the nation’s top bankers to death after he was found guilty of accepting $277 million in bribes
Ex-finance official Lai Xiaomin has been sentenced to death after he was found guilty of taking $277 million in bribes. ( read original story …)
Boston Private, BP, China Unicom: 5 Top Stock Gainers for Tuesday
Boston Private, BP, Peck Cos., Cerecor and China Unicom are five top stock gainers for Tuesday. Stocks were climbing Tuesday as Wall Street kept an eye on two key Senate runoff elections in Georgia. (…
NYSE U-Turns on China Telecom Delisting Threat, Shares Surge
China Mobile and China Unicom shares surged higher Tuesday after the New York Stock Exchange scrapped plans to delist three China-based telecoms companies with alleged ties to the military. ( read original story …)
2021 Crypto Preview: Here’s What’s Coming Next
Over the last few years, crypto has seen its share of ups and downs. Pundits are everywhere when it comes to guessing the next all-time-high, or trying to pinpoint what level … ( read original…
Crypto AM shines its Spotlight on EdenBase & its ‘Cognitive Revolution’
I haven’t until now stepped in to write an introduction but in this moment find myself compelled to. When two … ( read original story …)
The Plot Thickens On NYSE ADR Delisting Reversal As Mainland China Rallies On
The mid-morning announcement that the NYSE would not be delisting the three US-listed Chinese telecom companies reversed early morning losses as both Hong Kong and China booked gains on strong volume. ( read original story…
NYSE Just Gave China Inc. One More Reason to Leave
China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. — surged, while the offshore yuan, sensitive to ties between Washington and Beijing, pushed even higher. Kicking out … ( read original story …)
Jack Ma: China’s troubled technology tycoon ‘laying low’ after clash with Beijing
Jack Ma, founder of Alibaba Group and China’s best-known billionaire, has disappeared from the public eye after Beijing regulators halted the company’s stock market listing. A former English teacher, … ( read original story …)
With China Oceanwide $2.7B Deal to Buy It Stalled, Genworth Eyes Partial IPO
Genworth Financial and China Oceanwide Holdings Group Co. can’t seem to put the finishing touches on their agreement for Oceanworth to buy Genworth, a … ( read original story …)
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