The state-owned China Construction Bank (CCB) is preparing to become the first local bank to issue bonds using … ( read original story …)
Tagged By blockchain
Blackstone adds to logistics bet with $1.1B acquisition in China
As part of its global bet on logistics assets, (BX -1.5%) is set to acquire a majority stake in China’s Greater Bay area’s largest urban logistics park for $1.1B.The deal expands Blackstone’s China … (…
China’s tech giants have lost more than $280 billion in market value as regulatory concerns mount
China’s State Administration for Market Regulation on Tuesday announced a set of draft guidelines aimed at curbing monopolistic behavior on internet platforms. ( read original story …)
China to Stop its Tech Giants From Becoming too Powerful
Singles Day, a Black Friday-like shopping festival dreamed up by large retailers, is normally boom time for China’s major online platforms. And indeed Alibaba, which this year started its 11.11 event … ( read original…
Trouble For Big Tech: China Unveils New Regulations To Curb Anti-Trust Practices
Beijing’s crackdown on dominant internet companies in China, including Alibaba and Tencent, has shocked investors and prompted a selloff of Chinese equities in the last week. ( read original story …)
Global Stocks Are Higher, but Technology Stocks Tumbled Again in China
Global stocks are higher, with technology shares showing a bounce on Wall Street later. But Alibaba and other big tech names fell in Shanghai on concerns over proposed new regulations in China aimed … (…
Billionaire investor Ray Dalio believes Ant’s IPO suspension was reasonable — and says not investing in China is ‘very risky’
Dalio said there’s a risk of being too lax on innovation since Ant is a “whole new concept in terms of banking.” … ( read original story …)
China Construction Bank to issue offshore bond based on blockchain
China Construction Bank has partnered with a digital exchange to launch an offshore bond that relies on blockchain in a sign of rising interest in the technology from the countrys … ( read original story…
China’s Online Dating Apps Are Big Business. And One Matchmaker Is Grabbing a Piece of It.
Revenue for China’s overall online dating market is estimated to hit $1.1 billion next year, according to iResearch. And one popular local matchmaker has 250,000 followers on China’s Kuaishou … ( read original story …)
China’s tech clampdown wipes $260bn off share values
Beijing says it wants to root out monopolistic practices in tech industry, shortly after blocking Ant Group’s giant IPO. ( read original story …)
China Construction Bank sells US$3 billion worth of debt on blockchain
China Construction Bank kicks off the country’s first blockchain-based certificate of deposits sale, issued in US dollars and tradeable with bitcoin. ( read original story …)
China Tech Selloff Deepens to $203 Billion After Antitrust Rules
Chinese technology shares tumbled for a second day after Beijing clamped down on the internet industry, wiping out more than $200 billion of value. ( read original story …)
Faltering start for 5G in China with 6G already looming large
It has already been a year since the first 5G commercial offers were launched in China. And for the moment, results are mixed with spotty coverage countrywide and 5G compatible phones deemed too … (…
