China’s decision to scrap Ant Group’s IPO made headlines around the world. But why did the Party act so late and why is it so concerned about Ant? Euromoney looks at the reasons behind the…
Tagged By blockchain
Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the … ( read original story …)
FingerMotion and China Mobile Financial Technology Co., Ltd. Sign Strategic Cooperation Agreement for Loyalty Program Business
FingerMotion, Inc. (OTCQB:FNGR), a mobile data and services company, is pleased to announce that its contractually controlled subsidiary, Shanghai JiuGe Information Technology Co., Ltd., and China … ( read original story …)
Blockchain ETFs to Win as Bitcoin Hovers Around Record High
T he price of bitcoin hit a new all-time-high on Nov 30, helped by institutional buying. Bitcoin registered its previous all-time high in mid-December 2017. The world’s most popular cryptocurrency is … ( read original…
The United Nations GoLandRegistry Blockchain Initiative Takes On ‘A Challenging’ First Assignment In Afghanistan
The United Nations Office of Communication and Information Technologies (UNOICT) and the United Nations Habitat (UN-Habitat) jointly agreed in September 2019, to create a blockchain framework that … ( read original story …)
Global Brands Uneasy as China’s New Export Law Takes Effect
Beijing put into effect an export control law allowing it to block shipments heading abroad for national security reasons. Beijing has yet to provide details on what products and companies will fall … ( read…
China to build 1 million new 5G stations in 2021
Chinese telecom carriers are likely to build more than 1 million new 5G base stations next year, as the cost of 5G base stations is expected to go down in 2021, a renowned Chinese telecom…
On the same day China landed a probe on the moon, the US’s massive telescope in Puerto Rico collapsed
A step forward in space exploration for China and humankind, on the same day as a colossal step backwards for the US. ( read original story …)
Breakingviews – Healthcare IPO examines value of China’s big tech
JD.com is offering a timely reminder of why big technology firms are valuable to Beijing. The e-commerce giant’s healthcare arm has priced shares in its initial public offering at a reasonable 13 … ( read…
Healthcare IPO examines value of China’s big tech
The unit of e-commerce giant JD priced its $3.5 bln offer at a reasonable 13 times sales. Virtual consultations and pharmacies are booming, supporting an official push for a healthy China. It’s a … (…
China Resources Mixc Said to Raise $1.6 Billion in Hong Kong IPO
Property management company China Resources Mixc Lifestyle Services Ltd. has raised $1.58 billion after pricing its Hong Kong initial public offering at HK$22.30 per share, the top of a marketed range … ( read original…
Could China replace Australian iron ore with metal from Africa?
Amid rising trade tensions, Chinese interests are keen to develop a high-quality deposit in Guinea. Analysts warn any restrictions on Australian sales to China would ‘send shockwaves through the marke … ( read original story…
Manufacturers pile into India to diversify supply chains from China
Salcomp is expanding its operations in India rapidly, along with other Apple manufacturers such as Wistron, Foxconn and Pegatron. All are seeking to tap the Indian market and diversify supply chains … ( read original…
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