Chinese authorities said that sponsors of initial public offerings on its forthcoming technology-focused listing venue will need to invest in as much as 5 percent of the shares issued by their clients … ( read…
Tagged By blockchain
No-frills no longer: GM’s China brand Baojun attempts a major makeover
LIUZHOU, China/BEIJING (Reuters) – By many measures, General Motors’ China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles … ( read original story …)
Daimler suspends Mercedes franchise in China after customer complaint goes viral
BEIJING (Reuters) – Germany’s Daimler has suspended a local sales franchise for its Mercedes-Benz brand in China after a customer … its customer service and business operations, and had … ( read original story …)
Garmin, Tailored Brands, Amazon, China Mobile and Lloyds highlighted as Zacks Bull and Bear of the Day
Chicago, IL – April 16, 2019 – Zacks Equity Research Garmin Ltd. GRMN as the Bull of the Day, Tailored Brands, Inc. TLRD as the Bear of the Day. In addition, Zacks Equity Research provides…
Tianhong, controlled by Jack Ma’s Ant Financial, seeks diversification outside China
SHANGHAI (Reuters) – China’s Tianhong Asset Management Co, controlled by Jack Ma’s Ant Financial Group, is stepping up the expansion of its cross-border business as regulatory curbs check the … ( read original story …)
China’s stimulus policy could worsen underlying economic distortions: OECD
China’s stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium term, the OECD said … ( read…
China forms task force to review design changes to Boeing 737 MAX
BEIJING (Reuters) – China’s aviation regulator said on Tuesday that it had set up a task force to review design changes to the Boeing Co 737 MAX that had been submitted by the planemaker after…
China’s policy stimulus may worsen economic distortions: OECD
BEIJING (Reuters) – China’s stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium … ( read original…
The Ledger: China’s Bitcoin Ban, Crypto Endowments, Arbitrage bots
The prospective ban does not come as a surprise. China has been unfriendly to cryptocurrency—the permission-less, public blockchain variety—for a while. It banned so-called initial coin … ( read original story …)
VW says China to become global software development hub to autonomous tech
Volkswagen has 4,000 engineers in China, with an average age of 29, spread over five research and development sites and a rapidly growing number of software engineers. “In a short period from now they ……
China first quarter GDP growth seen cooling to 6.3 percent, but March may suggest rebound: Reuters poll
SIGNS OF SPRING March data will provide more details on the health of China’s domestic demand, covering industrial output, retail sales, property sales and investment, and fixed asset investment. … ( read original story …)
China approves 197 blockchain firms, inc. Alibaba, JD.com
E-commerce giants Alibaba and JD.com have made it onto China’s cyberspace administration’s first list of registered blockchain service providers. There are 197 companies in all, with Alibaba … ( read original story …)
Chinese Regulator Approves First 197 Blockchain Firms, Including Tencent, Alibaba, Baidu
China’s cyberspace administration has released the first list — 197 companies long — of registered blockchain service providers, according to their March 30 notice. Chinese initiatives by … ( read original story …)
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