The mid-morning announcement that the NYSE would not be delisting the three US-listed Chinese telecom companies reversed early morning losses as both Hong Kong and China booked gains on strong volume. ( read original story…
Tagged By blockchain
NYSE Just Gave China Inc. One More Reason to Leave
China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. — surged, while the offshore yuan, sensitive to ties between Washington and Beijing, pushed even higher. Kicking out … ( read original story …)
Jack Ma: China’s troubled technology tycoon ‘laying low’ after clash with Beijing
Jack Ma, founder of Alibaba Group and China’s best-known billionaire, has disappeared from the public eye after Beijing regulators halted the company’s stock market listing. A former English teacher, … ( read original story …)
With China Oceanwide $2.7B Deal to Buy It Stalled, Genworth Eyes Partial IPO
Genworth Financial and China Oceanwide Holdings Group Co. can’t seem to put the finishing touches on their agreement for Oceanworth to buy Genworth, a … ( read original story …)
Why Your 2021 Resolution Should Be to Buy More Blockchain Stocks
While it was obscured by the pandemic and overshadowed by bitcoin’s surge, blockchain technology — which underlies all cryptocurrencies — had something of a moment last year. With blockchains being … ( read original story…
Blockchain in Media and Entertainment Market 2021 with Geographic Segmentation, Statistical Forecast and Competitive Landscape Report to 2024
In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked … ( read original story …)
China in 2021
China enters 2021 economically stronger relative to major economies than anytime since 2009. This apparent strength creates extremely high expectations for China to deliver on its forecast economic … ( read original story …)
Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining
U.S.-listed Chinese gaming company The9 (NASDAQ: NCTY) has announced plans to enter the cryptocurrency mining space. In an SEC filing, The9 said it had signed a legally binding “cooperation and … ( read original story…
PPG names new vice president of Greater China business sector
Pittsburgh-based PPG Industries Inc. named Tony Wu vice president of its Greater China industrial coatings and global electronic materials sector, according to a news release. Wu previously served as … ( read original story …)
Communist China Is Preparing To Eat Joe Biden’s Lunch | Opinion
The sum total of a Biden China policy at this point seems to be multilateralism. Toward what end, we have not the faintest idea. ( read original story …)
China State Media Gave Hints of Regime’s Displeasure With Jack Ma
As the former Alibaba CEO has not been seen in public for two months, a 2019 op-ed in Communist Party newspaper People’s Daily is trending for capturing China’s current mood toward him. ( read original…
NYSE reverses plans to delist China’s three big telcos
In an unexpected turn, the New York Stock Exchange said Monday that it no longer intends to delist China’s three major telecoms operators, a decision that was originally announced on December 31. The … (…
China state news agency urges end to long work hours in tech
China’s official Xinhua News Agency is calling for shorter work hours in the country’s tech sector following the sudden death last week of a young employee at a leading e-commerce platform … ( read original…
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