The logistics unit of JD.com will raise US$3.2 billion, after indicating Hong Kong IPO to price at HK$40.36 per share.
Tagged By blockchain
China’s obsession with financial secrecy is causing problems overseas … even when it’s giving $55M away
China is once again causing controversy in Africa for doing something that, in theory, should win praise — giving away money.This week, it emerged …
European Parliament votes through motion to freeze China investment deal, risking bloc’s economy amid political self-entertainment
PM The European Parliament voted through a motion on Thursday to freeze the China-EU Comprehensive Agreement on Investment (CAI), putting the brakes on ratifying the massive deal that is envisioned to …
China Brand Day: “made in China” or making Chinese brands?
China Brand Day falls on May 10th, with a big event running to the 12th. This is the fifth year for the event, which promotes Chinese brands to both domestic and foreign consumers. Guests in…
Microsoft pushes into the growing grocery tech market with a new deal in China
Microsoft’s China arm announced a strategic partnership with Chinese retail tech company Hanshow on cloud-based software for store operators worldwide.
New Ranking Shows Chanel is Favourite Brand of Wealthy Chinese
Chanel topped a survey of high-net worth consumers in China as their favourite luxury brand, according to luxury research firm, Agility Research and Strategy. The Agility China Luxury Brand Affinity …
Has China banned cryptocurrency?
Cryptocurrencies could unify an already globalized world, but fears over illegality in the market have led China to ban the trade and use of Bitcoin.
Oatly Group raises US$1.4b in plant-based IPO
Amid a global push to plant-based foods, Swedish alternative milk brand Oatly Group has raised US$1.4 billion through an initial public offering to US investors ahead of its Nasdaq debut overnight.
Bitcoin, Ethereum prices drop after China reiterates ban on crypto services
Bitcoin, Dogecoin, Ethereum and seemingly every cryptocurrency out there saw their prices fall Wednesday following the news of China reconfirming its ban on the crypto services for its financial …
China Unicom (00762) gains 6.713m 5G subscribers in Apr
Limited (00762) said for April 2021, it had 309.478 million mobile billing subscribers. The net addition was 0.185 million. Out of the mobile billing subscribers, there were 98.565 million 5G …
Pentagon needs smarter shoppers to outpace China
China is continuing to close the technology gap, in large part through stealing intellectual property from U.S. private-sector firms.
EU warns China: No business investment deal if sanctions remain
China imposed its sanctions after the EU sanctioned Chinese officials over human rights abuses in the Xinjiang region.
TikTok Parent’s Founder Is Latest China Tech Boss to Step Down Amid Government Crackdown
In less than six months, China’s tech giant Ant went from planning a blockbuster IPO to restructuring in response to pressure from the central bank. As the U.S. also takes aim at big tech, here’s…
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