Ant Group’s highly anticipated initial public offering will be on hold for at least half a year as the company faces new regulatory obstacles, one CIO says. ( read original story …)
Tagged By blockchain
Inside China Tech: Alibaba leads record Singles’ Day sales as tech antitrust cloud gather
Hello, this is Bien Perez from the South China Morning Post’s Technology desk, with a wrap of our leading stories this week. This November should have been a double-barrelled celebration for … ( read original…
China’s BSN predicted as long-term global project, still ahead of others
China’s Blockchain Service Network may not have a global impact anytime soon, but the region’s national blockchain infrastructure continues to outpace other regions … ( read original story …)
5G users to account for 20% of China’s mobile base by June 2021: Huawei
Large cities including capital Beijing and Shenzhen already enjoy full 5G coverage and 5G deployments are also accelerating in Shanghai … ( read original story …)
A Wild Week in China Roils Tech Stocks, Debt Markets, Hong Kong
Chinese authorities moved on a number of fronts to rein in potential risks to the Communist Party’s rule, touching everything from tech firms to bond markets to political dissent in Hong Kong. ( read original…
IPO Update: Yatsen Holding Pursues $558 Million U.S. IPO
Yatsen Holding has filed proposed terms to sell $558 million of ADSs. The firm markets beauty care products via its online and offline networks in China. ( read original story …)
Chinese education technology group 17 Education & Technology files for a $100 million US IPO
The article Chinese education technology group 17 Education & Technology files for a $100 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital … ( read original story …)
ZK International: A Blockchain Play For IoT And Supply Chain Management
Company ZK International makes pipes, tools, and water devices. They are now building a Blockchain system to focus on supply chain management and the internet of things. ( read original story …)
China Unicom: Industrial Internet Of Things In The Spotlight
China Unicom’s 3Q 2020 financial performance was decent with its service revenue and net profit up +5% and +11% YoY, and its IIoT business was the bright spot. ( read original story …)
China Market Update: Executive Order To Have Minimal Impact
President Trump signed an executive order barring US citizens from investing in 31 Chinese companies due to their affiliation with the China’s military. ( read original story …)
Asia-Pacific Countries Push to Sign China-Backed Trade Megadeal
Pacific nations aim to sign a trade deal this weekend that will knit their economies closer together—the second pact covering large swaths of the region whose signatories don’t include the U.S. ( read original story …)
China’s tense rivalry with US could cause instability at home, Chinese domestic security chief warns
The rivalry between China and the US will give rise to threats to Beijing’s political stability, a top Communist Party security official warned. ( read original story …)
China’s Xi Jinping personally halted Ant’s record-breaking $37 billion IPO after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn’t go down well with the president or government officials. ( read original story …)
