The State Administration of Foreign Exchange wants banks to monitor and report risky trades, including those involving cryptocurrencies.
Tagged By business
Chinese toy maker Bloks Group files for up to $188 million Hong Kong IPO
Bloks Group is looking to raise as much as HK$1.46 billion ($188.01 million) in a Hong Kong initial public offering, as the Chinese toy maker aims to ramp up product development and output while …
China’s Dominance In EVs Is A Warning For U.S. Automakers
A seismic shift is taking place inside the electric vehicle (EV) market. The market shift is coming from China – and auto makers are taking notice.
Donald Trump Advisor Elon Musk May Pose ‘National Security Risks’ Due to Business Ties With China, Retired General Claims
Elon Musk has swiftly risen through the ranks from campaign supporter to advisor to President-elect Donald Trump as the 78-year-old prepares to return to the White House, but according to retired Lt.
Takeda-backed Ascentage Pharma files for $100M IPO
Takeda-backed Ascentage Pharma Group (AAPG) has filed to raise up to $100M through a U.S. initial public offering. The Chinese drug developer didn’t specify terms in its SEC filing, but indicated in a …
Riding the de-escalator: Normalising business with China should be preceded by concrete action
China is building a new dam on the Yarlung Tsangpo and increasing its presence in Aksai Chin. These moves signal that despite troop disengagement in Ladakh, Beijing maintains a strategic approach towards India.
China’s Central Bank Highlights Hong Kong’s Crypto Licensing in 2024 Report
China’s central bank emphasizes Hong Kong’s proactive crypto licensing in its 2024 report, highlighting the need to integrate digital assets.
Hesai Group’s (HSAI) LiDAR Delivery Numbers Highlight China’s Autonomy Ambitions
Hesai Group’s (NASDAQ:HSAI) stock was down 50% for the year. Surprisingly, it is poised to end the year up well over 50%. In the last month alone, the stock has tripled, turning the tables on…
China unveils new assault ship and futuristic fighter jets
Analysts say the new amphibious assault ship and two seemingly new stealth fighter jets reflect Beijing’s efforts to close the arms race gap with the United States …
Air China Cargo becomes biggest IPO of A-share market in 2024
Air China Cargo Co Ltd, the airfreight subsidiary of State-owned Air China Group, debuted on the Shenzhen Stock Exchange on Monday and became the biggest IPO of the A-share market this year.
ASML CEO Claims China’s Semiconductor Industry is 10 to 15 Years Behind
ASML is a Dutch company, but the US government successfully lobbied to have limits imposed on what it could ship to China beginning in 2020. The Netherlands has agreed to further …
China’s November net gold imports via Hong Kong hit seven-month high
(Reuters) – China’s net gold imports via Hong Kong in November more than doubled from October, marking the highest level in seven months, Hong Kong Census and Statistics Department data showed on …
Chinese Brands Soar: BYD Tops November Vehicle Registrations, Outpaces Volkswagen
BYD leads China’s passenger vehicle registrations in November 2024, surpassing Volkswagen, with 11 domestic brands in the top 20.
