As China’s stock exchanges tighten their rules, many footwear and apparel groups are opting to – or being forced to – delist their shares.
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Biden blocks Chinese-backed crypto mining firm from land ownership near Wyoming military base
President Joe Biden has issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base
Shein Leans to London IPO Amid U.S. Hurdles
The fast-fashion company headquartered in Singapore hasn’t ruled out a U.S. listing, but the London Stock Exchange offers an easier route to going public, possibly within a month.
China’s commodity imports show prices beat economic narrative
China’s imports of major commodities for April show the impact of price trends, with strength where prices were trending down and weakness where prices were moving higher.
China’s Digital Yuan Isn’t Taking Off Despite State Employee Salary Trial: Report
Many consumers prefer to use online payment tools such as Alipay and WeChat Pay.The digital yuan is fraught with privacy concerns as it …
NewsBriefs – China busts $295 million underground crypto-based currency exchange
Authorities in Jilin province, China, have dismantled an underground bank that used crypto to illegally exchange Chinese yuan for South Korean won, equating to approximately $295.8 million. Six …
No, Hong Kong’s Crypto ETFs Aren’t Available in Mainland China
The Stock Exchange of Hong Kong (HKEX) confirmed they aren’t available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.
Six arrested in cryptocurrency money-laundering scheme in northeast China amid focus on crypto-related capital flows
Police in China’s northeastern Jilin province made the arrests in connection with a scheme that sent US$296 million to South Korea.
Chinese authorities shut down illegal crypto service
C hinese authorities have shut down an underground bank that facilitated illegal currency exchange between the Chinese yuan and South Korean won, using cryptocurrency as a medium.
Layer 3 Blockchain Degen Chain Halt Block Production For Hours, Here’s All
Degen Chain, a leading Layer 3 blockchain network, experiences a significant disruption, halting block production for over 12 hours. As speculation mounts, stakeholders seek answers amidst concerns …
Jilin Province of China Cracks Down on $300 Million Crypto Currency Laundering Scheme
The Public Security Bureau of Panshi City in Jilin Province has successfully dismantled an illegal operation involving underground banks and virtual currencies. This crackdown, which involved …
China’s EV sector to test offshore markets after Zeekr’s strong US IPO
The Chinese electric vehicle sector has begun to tap offshore markets for more funding, with shares in EV maker Zeekr gaining 34 per cent on Friday in the biggest IPO in the US by a…
Customs signs MoU with China to boost import, export operations
The Nigeria Customs Service (NCS) has signed a memorandum of understanding (MoU) with the General Administration of Customs of the People’s Republic of China (GACC) to foster bilateral relationship, …
