Citing unnamed officials, Reuters said on Thursday that Beijing-headquartered Baidu plans to form a company to make smart electric vehicles with manufacturing to be carried out at plants owned by … ( read original story…
Tagged By blockchain
Petco, Affirm, and Poshmark Plan to Go Public Next Week. The IPO Market Is Open.
Petco is leading a slate of high-profile companies going public next week as January shapes up to be a big month for initial public offerings. IPOs took a slight holiday break before returning this ……
Xi’s crackdown on Jack Ma’s empire: Beijing censors media coverage of Alibaba probe
With Jack Ma’s sudden disappearance yet another stunning news has started surfacing that Beijing ordered Chinese media to censor coverage of the Alibaba probe. Alibaba Group Co-founder Jack Ma had … ( read original story…
Most Bitcoin Is Made in China. Competitors Are Chipping Away.
Chinese entrepreneurs jumped on the digital currency in the early 2010s, but rival “miners” in the U.S. and elsewhere are catching up. ( read original story …)
4 Crypto Mining Stocks Worth Investing In
Stock Market News, Stock Advice & Trading Tips Bitcoin (CCC:BTC) rallied in 2020 as it nearly quadrupled in price from … ( read original story …)
Better Buy: Starbucks vs. Constellation Brands
Starbucks (NASDAQ: SBUX) is the king of coffee. Constellation Brands (NASDAQ: CGC) has been a heavy hitter in the alcohol segment. However, the headaches that Constellation Brands have suffered in its … ( read original…
Trump-Banned Telecom Stocks’ Cash Redeployed In Mainland China, Week In Review
The New York Stock Exchange (NYSE) did a “360” this week with regard to its response to President Trump’s Executive Order banning trading in Chinese telecom stocks China Mobile, China Telecom, and … ( read…
The Danger of Exaggerating China’s Technological Prowess
The conventional wisdom about Beijing’s supposed advantages in AI and 5G shows how incomplete tech knowledge can lead to policy mistakes … ( read original story …)
Spain’s Inditex to Close All Shops of Zara’s Three Sister Fashion Brands in China
Spain’s Inditex, one of the world’s largest apparel retailers and the firm behind fast fashion label Zara, is closing all the bricks-and-mortar outlets of three of its brands in China due to poor … (…
China’s Major Telcos in Hong Kong Take a Beating Ahead of Trump’s Investment Ban
Stock index giants MSCI and FTSE Russell said they would remove three Chinese telecommunications giants’ Hong Kong-traded shares from widely followed indexes. ( read original story …)
China’s major technology continues to disrupt healthcare despite a crackdown
China’s crackdown on internet companies, including Alibaba Group Holding Ltd., is unlikely to affect their high-growth healthcare businesses and could turn the medical sector into a major battleground … ( read original story …)
Could COVID-19 Be Turning Point for ESG in China?
Few would argue that China, despite its many economic achievements, is a posterboy for good ESG performance. However, a recent research study by The Chinese University of Hong Kong (CUHK) hopefully … ( read original…
Inditex to Remove Several Brands’ Physical Presence in China -WWD
Global News Select Inditex to Remove Several Brands’ Physical Presence in China -WWD . . Jan 8, 2021 9:31 AM UTC … ( read original story …)