also fell as investors weighed the sector-wide impact of the U.S.-China trade tensions. The iShares PHLX Semiconductor ETF (SOXX) declined 2.9% to $184.44 during early trading. The U.S. IPO market has … ( read original…
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China reportedly investigating FedEx delivery errors
Xinhua previously reported that China would investigate whether FedEx damaged the legal … Washington also last month put Huawei on a blacklist that effectively blocks U.S. firms from doing business … ( read original story…
China’s industrial output growth slows to 17-year low as trade war escalates
China’s economy flashed more warning signs in May as the United States ramped up trade pressure, with industrial output growth unexpectedly slowing to a more than 17-year low and investment cooling, … ( read original…
China Mobile kicks off 5G move with $2.8B tender
Just a week after receiving a 5G licence from the government, China Mobile opened a tender for the first phase of the rollout of the next-generation technology valued at an estimated CNY19.3 billion … (…
Safe Space: A Guide to Special Economic Zones for Crypto, From China to Switzerland
Russia may join a list of countries with an offshore crypto zone with a plan to build its own on an island. Learn more about cryptocurrency safe spaces, where fintech ventures are encouraged to ……
Hong Kong top destination for Chinese IPOs, but new Shanghai tech board poses threat, Baker McKenzie says
Hong Kong is the top destination for Chinese companies seeking to list their shares outside China so far this year, but could face a challenge for initial public offerings from Shanghai’s new … ( read…
Why Budweiser, Starbucks need to worry about China
“This is going to become a nationalist thing, it’s going to become China vs. the world,” Chang says. “And foreign brands are going to become targeted across the board.” Apple, Budweiser, Nike, and … (…
How Does China Mobile’s Wireline Broadband Business Compare With Its Peers?
China Mobile (NYSE:CHL) has quickly grown to become one of the largest broadband providers in China, in terms of number of subscribers, with its total user base standing at about 168 million as of ……
China Mobile launches first 5G procurement plan week after getting license
A visitor tries out 5G services at an experience center in Suzhou, East China’s Jiangsu Province. The center, at the Dongfangzhimen station of Suzhou Rail’s line 1, is the first in the province to ……
China officially launches technology innovation board, with trading expected to begin within two months
Beijing has officially launched its new technology innovation … It will adopt a registration-based initial public offering (IPO) system to facilitate companies’ fundraising. China’s securities … ( read original story …)
For hours, huge amounts of European mobile traffic were rerouted through China
A huge quantity of European mobile traffic was recently rerouted through state-run China Telecom, sparking security fears. Reports have emerged that at 9.43am UTC on Thursday 6 June, some of Europe’s … ( read original…
China’s vice-premier urges more economic supports to cope with U.S. trade war
Earlier on Thursday, China Daily, citing economists … Last month, the PBOC stepped up efforts to increase loan growth and business activity, announcing cuts in regional banks’ reserve requirements … ( read original story …)
BabelFinance Wrote $110 Million in Crypto Loans to Chinese Traders
It is clear that in China and elsewhere globally, anticipation is building for higher crypto prices.” Based in Hong Kong, BabelFinance offers an array of crypto-related services including management … ( read original story …)