Given CATL’s big valuation in the current market scenario, any IPO now or in the near future would be substantial in size, which could make regulatory approval slow to come; so, the reported IPO may…
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China Customs returns or destroys 2,473 batches of unqualified food imports
China Customs returned or destroyed 2,473 batches of unqualified agricultural or food imports during the first three quarters of the year, …
Across China: Chinese pickles sail to Japan through RCEP
China and Japan forged bilateral free trade relations for the first time following the Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect on January 1, 2022. The agreement …
Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History
First it was China, then Japan and Singapore, next a stint pretending to operate Binance from Malta, until finally he ended up in the U.A.E. Once the unquestionable go-to place for trading crypto, …
Behold the Utter Destruction of Crypto’s Biggest Names
While criminal charges against Binance — which was founded in China but later claimed to have no official headquarters — have been anticipated for more than a year, CZ’s position as the most powerful, and…
Binance CEO Changpeng Zhao steps down and reveals ‘it was not easy to let go’ as he pleads guilty to violating anti-money laundering rules and crypto exchange pays $4.3BN in fines
Binance CEO Changpeng Zhoa plans to plead guilty to money laundering as part of a deal with the Department of Justice that will see the crypto exchange pay $4.3billion to end the criminal probe against the company.
Huawei’s smartphone spin-off Honor plans IPO
Honor has the largest market share in China but is still a small player globally as it has … The smartphone maker said it would start to make preparations for the IPO. “As the company…
Honor makes moves towards IPO
Honor reportedly indicated it planned to conduct a public listing of shares, a move intended to aid the next stage of its development.
Ex-Huawei handset maker Honor prepares IPO
Handset maker Honor is preparing for an initial public offering, the company said on Wednesday, three years after it was sold by U.S. sanctions-hit Huawei Technologies. Honor did not specify a time …
Zhao Changpeng, the crypto king and Binance chief, ousted for US crimes
LONDON: The most powerful man in crypto has lost his crown – and could see his freedom curtailed as well. Binance chief Changpeng Zhao on Tuesday (Nov 21) stepped down and pleaded guilty to …
The fallen kings of crypto
Here are three of the highest-profile crypto executives who have fallen foul of the law since last year: – Changpeng ‘CZ’ Zhao – Born in China in 1977, Zhao moved with his family to Canada…
S. Korea to cut import tariffs on 76 items in 2024
SEOUL, Nov. 22 (Xinhua) — South Korea’s finance ministry said Wednesday that it will cut import tariffs on 76 items in 2024 as part of their efforts to strengthen industrial competitiveness and …
Biden and Xi’s meeting sent an important signal for U.S. business in China – MSN
President Joe Biden’s meeting with Chinese President Xi Jinping set a bottom line in the relationship that reduces uncertainty for businesses, analysts said.