The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. ( read original story …)
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Kuaishou, TikTok’s rival in China, could be the biggest IPO since the pandemic began
A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. ( read original story…
Chinese brands are gaining popularity at home. Here are 3 stocks to watch
Social media and e-commerce have shaken up the retail industry and raised stakes for companies trying to sell to China’s increasingly price-conscious consumer. ( read original story …)
Blockchain in Retail Market May See a Big Move | Major Giants Microsoft, Oracle, AWS
Latest released the research study on Global Blockchain in Retail Market offers a detailed overview of the factors influencing the global business scope Blockchain in Retail Market research report … ( read original story …)
China’s Foreign Policy Weapons: Technology, Coercion, Corruption
The creation of new markets for Chinese technology, and new sources of data for its algorithms, will help power innovation in artificial intelligence and other fields. And China’s growing … ( read original story …)
US leads world on artificial intelligence but China is catching up: study
China has more of the world’s 500 most powerful supercomputers than any other nation, researchers say, as countries vie for competitiveness in key industries. ( read original story …)
China Vaping Firm More Than Doubles in Trading Debut
Chinese e-cigarette maker RLX Technology Inc. jumped 146% in its trading debut after raising $1.4 billion in a U.S. initial public offering. ( read original story …)
China’s Love of TikTok-Style Apps Powers $5 Billion IPO
Kuaishou Technology has its eyes on the world’s biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale. ( read original story …)
TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO
Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing…
Nokia, China Mobile Complete Live Trials of AI-powered 5G RAN
Nokia and China Mobile (CMCC) last week announced that they have successfully completed live trials of an AI-powered radio … ( read original story …)
China joins global efforts to tame Big Tech
China joins global efforts to tame Big Tech Big’s dominance Tech companies such as Google, Facebook, Amazon and Apple have angered US, UK … ( read original story …)
Major cities to pioneer China’s digital currency electronic payment trials ahead of 2021 launch
The expansion of the DCEP testing to larger cities could mark the final phase before the official launch. The People’s Bank of China (PBOC) has made tremendous progress in developing a central bank … (…
China’s Kuaishou Aims to Raise up to $5.42 Billion in Hong Kong IPO
HONG KONG (Reuters) – Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for ……
