Chinese conglomerate Dalian Wanda Group aims to raise 20 billion yuan ($3.08 billion) for its commercial property management business, before listing the unit in Hong Kong by year-end, two people with …
Tagged By blockchain
Tesla promises new China data centre as Beijing lays down the law on local storage of EV data
Development comes amid greater public scrutiny of how personal and electrical vehicle data is stored in China.
Chinese Edtech Startup Zuoyebang plans US IPO to raise $500 million
Zuoyebang offers live-steaming classes as well as other remote study services to more than 170 million monthly active users throughout China …
Chinese Edtech Startup Zuoyebang Weighs $500 Million U.S. IPO
Chinese online tutoring platform Zuoyebang is considering a U.S. initial public offering that could raise at least $500 million, according to people familiar with the matter. The education startup is …
“Vaccine diplomacy” fuels rising US-China tensions
Amid rising geopolitical tensions between the US and China, vaccine diplomacy has become an auxiliary to foreign policy.
Solana Bucked Bitcoin Sell-Off, as Upstart Blockchain Challenges Ethereum on Speed, Fees
Solana’s SOL tokens have jumped 17-fold in price this year, for a market capitalization of more than $8 billion.
College Foreign Cash at Risk as Senate Targets China’s Clout
A broad attempt by Congress to stem China’s influence could put at risk research collaborations and funding that U.S. universities count on by subjecting some foreign gifts and contracts to national …
China-Australia relations: traders eye spirits to ‘survive’ crippling disruptions in wine industry
With China having imposed anti-dumping duties of up to 218.4 per cent on Australian wine, some exporters are being forced to diversify away from the once-lucrative industry.
Another Tiny IPO Pops With 181% Jump by China’s Infobird
Infobird Co. Ltd. rose as much as 181% on Tuesday after raising $25 million in its initial public offering at a fixed price of $4 per share. Shares in the China-based customer engagement software …
How PayPal Plans To Find Ground In China’s Payments Market Dominated By Alibaba, WeChat Parent Tencent
PayPal Holdings Inc (NASDAQ: PYPL) is planning to launch a local wallet in China that will focus on cross-border payments, CNBC reported on Monday citing Hannah Qiu, the China CEO for PayPal. What …
China starts large-scale testing of its internet of the future
Experimental network connects 40 leading universities to prepare for an AI-driven society five to 10 years down the track.
Oatly’s IPO health depends heavily on China
Oatly is soaking itself in China in more ways than one. The Swedish company that makes milk out of porridge oats on Monday filed for an initial public offering in the United States. Prospective …
Bitcoin price: Did a power cut in China cause crypto collapse?
“Several factors exacerbated liquidations of leveraged long positions and lower hash rate due to a power outage in China led to a 15 per cent correction.” Crypto expert Simon Peters, who works as a …
