China, home of the world’s second-largest number of billionaires after the U.S., added newcomers to that group today following the listing of e-cigarette brand RLX Technology at the New York Stock … ( read original…
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How China Could Change the World By Taking Meat Off the Menu
It’s lunchtime in Shanghai’s leafy former French Concession, and every table is crammed at David Yeung’s new café and grocery, Green Common. Office workers and shoppers huddled against the January … ( read original story…
US IPO Weekly Recap: The IPO market has no time to RLX in a 6 IPO week
IPO market continued gaining momentum this past week as six IPOs and 14 SPACs raised $6.2 billion. The IPO pipeline remained active as well, with 36 new filings from IPOs and SPACs combined. China’s ……
The U.S. Deported The Man Who Would Become China’s ‘Father of Space Technology’ Out of Fear
Fearing communist presence after the war, the U.S., however, deported Qian to China, clueless that he would eventually spearhead programs that would target American troops and eventually propel China … ( read original story …)
‘Touching fish’ craze see China’s youth find ways to laze amid ‘996’ work culture
An online movement is pushing back against the country’s ferocious work culture of long hours for seemingly little gain … ( read original story …)
Mixed finish on Wall Street as worldwide rally takes a pause
Stocks struggled to a mixed finish on Wall Street, trimming the weekly gain for the S&P 500 even as the Nasdaq eked out another record high … ( read original story …)
Behind the NYSE’s Swerves on Delisting China Stocks: QuickTake
In the course of a week, the New York Stock Exchange said it would delist a trio of Chinese companies, then that it wouldn’t and then that it would, stoking confusion among investors globally. The…
Blockchain or DLT based Tokenization Is Inevitable, as Global Rivalry in Digital Currencies Continues, Industry Exec Explains
Blockchain or DLT based tokenization is inevitable, as global rivalry in digital currencies continues, industry exec explains. ( read original story …)
Hikari Power Ltd Sells 33,810 Shares of China Mobile Limited (NYSE:CHL)
Hikari Power Ltd cut its position in China Mobile Limited (NYSE:CHL) by 70.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The … ( read…
Global chip shortage chokes China’s bitcoin mining sector
Soaring computer equipment prices are squeezing smaller miners while benefitting big-time players, many outside China. ( read original story …)
Caught In Beijing’s Crosshairs, Alibaba Stock Has Become Riskier
BABA stock is faltering because Beijing is targeting the company. That ups Alibaba’s risk profile in a big way. ( read original story …)
Friday’s IPOs Are About to Start Trading. They Aren’t the Usual Biotech Players.
The latest offerings to hit the market are a Brazilian private-equity firm and a Chinese maker of e-cigarettes. ( read original story …)
Hong Kong Hits 30K Resistance Level, ByteDance Rival Kuaishou Prepares For IPO, Week In Review
Hong Kong stocks outperformed Mainland China this week, hitting the 30,000 resistance level, following a year of lackluster returns compared to the Mainland. ByteDance rival Kuaishou has locked in … ( read original story …)