The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit … ( read original story …)
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China unveils plan to build a global payment network based on central bank digital currencies
China’s BSN has revealed plans to develop a universal digital payments network (UDPN) based on central bank digital currencies (CBDCs). ( read original story …)
China Unicom (00762) gains 1.123m 4G subscribers in Dec
Limited (00762) said for December 2020, it had 305.811 million mobile billing subscribers. The net loss was 1.283 million. Out of the mobile billing subscribers, there were 270.181 million 4G … ( read original story…
China ETF Overtakes BlackRock Fund as Investors Avert Sanctions
A Chinese exchange-traded fund has surpassed BlackRock’s Inc.’s ETF to become the largest tracking onshore stocks as investors look to ride a surge in equities while skirting a U.S. clampdown. ( read original story …)
Asia accounts for almost half of global crypto trading: Messari report
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined. Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all ……
China Unicom appoints new executive director from China Telecom
China Unicom has appointed Chen Zhongyue its new president and executive director, succeeding Li Guohua who retired last March. Chen was previously an executive VP and director at China Telecom; the … ( read original story…
China Mobile Limited (NYSE:CHL) Stock Holdings Raised by Unison Advisors LLC
Unison Advisors LLC raised its stake in China Mobile Limited (NYSE:CHL) by 3.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 25,715 shares of the Wireless ……
China’s Tech Giants Are Muscling In on Lucrative IPO Market
China’s big technology companies, facing a crackdown at home over their dominance in online commerce and push into finance, are finding success in underwriting initial public offerings abroad. ( read original story …)
Stellantis CEO: all our brands get a chance, China options open
Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its … (…
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
The fallout from Ant Group’s failed IPO continues, as millions flee five mutual funds that pitched themselves as a way to gain access to the FinTech’s shares. ( read original story …)
China boosts semiconductor production in 2020, but imports keep apace, frustrating self-sufficiency goals
Semiconductors, industrial robots and new energy vehicles saw double-digit growth in 2020, according to the National Bureau of Statistics, but analysts say China remains far from its goal of … ( read original story …)
China’s iSpace advances with IPO plans, reusable launcher landing leg tests
Chinese private rocket firm iSpace is planning an IPO while also making progress on technology for a reusable launch vehicle. ( read original story …)
TikTok owner ByteDance launches Douyin Pay, its mobile payment service for China
Beijing-based ByteDance launched on Tuesday its third-party payment service for the Chinese version of its hit short video app TikTok, “Douyin Pay”, as it presses to expand into the e-commerce … ( read original story…