Antengene, a three-year old Shanghai startup originally backed by Celgene, will conduct a Hong Kong IPO that is expected to raise $200 million. ( read original story …)
Tagged By blockchain
China’s Brand of Communism
Communism is back in the news. That’s in part because the Trump administration has made a national priority of informing the public about the China challenge. Earlier this summer four … ( read original story…
New technology export rules in China could affect TikTok sale to a US company
Plans for a TikTok sale may have a new obstacle, with China implementing new rules on AI technology exports, The New York Times reported. The new export control rules, which focus on technology the ……
China revises list of technologies banned, restricted for export
The revision, published on the website of the Ministry of Commerce, has added 23 new items of technologies restricted for export, including those on space material production and laser. ( read original story …)
China Is ‘No Threat To Bitcoin,’ Promises Foundry CEO After $100 Million Bitcoin Mining Bet
Foundry chief executive Mike Colyer doesn’t see China as “a major threat” to bitcoin, despite recent warnings the Chinese government could “effectively block or reverse [bitcoin] … ( read original story …)
Tesla’s Chinese competitor Xpeng completes debut with 41 per cent premium after upsizing IPO to US$1.5 billion
Chinese electric car maker Xpeng completed its debut in New York by handing investors a 41 per cent premium, underscoring optimism surrounding a growing list of start-ups that aimed to overtake market … ( read…
China’s Crypto Play Evaluated from a Geo-Political Perspective
This article from Forbes considers how the digital Yuan can be used to push China’s trading partners to use its … ( read original story …)
Geopolitical risks prevail as new players emerge in the crypto mining space
Taras Kulyk, Senior Vice President of Blockchain Business Development at Core Scientific, says that the countries competing to become leaders in the Blockchain space vary greatly in what they can … ( read original story…
Regulated Blockchain: A New Dawn in Technological Advancement
For blockchain to be widely accepted, there will be a need for some level of assimilation with the traditional way of doing things. ( read original story …)
China’s IPO Mania Creates Three New Billionaires in One Week
The pace of wealth creation in China just reached a whole new level.Just ask Hu Kun, chairman of Contec Medical Systems Co. Shares of the instruments maker surged more than 10-fold in its market debut…
US Moves To Seize 280 Cryptocurrency Accounts Linked To North Korean Hackers
The U.S. Department of Justice is seeking to seize 280 cryptocurrency accounts tied to North Korea. In a statement, the Justice Department said these North Korea-affiliated hacker … ( read original story …)
Bitcoin mining farms in China’s Inner Mongolia region are set to face higher electricity prices after a government crackdown
Twenty-one bitcoin mining farms, including those of Bitmain, Ebang and China Telecom in China’s Inner Mongolia region, are set to face higher electricity prices after a local government crackdown.The … ( read original story …)
Alibaba, others pump billions into new China operator
CBN parent China Radio and Television Network earmarked CNY51.6 billion for a 51 per cent stake, with provincial broadcast networks also participating, the newspaper stated. The company received a 5G … ( read original story…
