Huobi held $900 million worth of its own HT token as of Nov. 12. The exchange has promised to perform a Merkle Tree Proof of Reserves audit with a third party within 30 days.
Tagged By business
Huobi Publishes Asset Transparency Report, Revealing $3.5B in Crypto Asset Holdings
Huobi held $900 million worth of its own HT token as of Nov. 12. The exchange has promised to perform a Merkle Tree Proof of Reserves audit with a third party within 30 days.
Xinhua Headlines: Digital technology propels China’s pursuit for common prosperity
World Internet Conference Wuzhen Summit has demonstrated the role of digital technologies in advancing common prosperity in China, with a focus on expanding businesses, bridging the urban-rural divide …
Tesla may start exporting China-made EVs to U.S. and Canada, sources say
Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters. Here’s why.
U.S.-China rivalry risks splintering global economy, IMF chief warns
U.S. and European efforts to redraw global supply chains make sense if they help eliminate the kind of reliance on a single supplier that proved so disruptive during the pandemic. But if the two …
China Hotel Chain’s Nasdaq IPO Gains 17% On Hopes For Eased Travel Rules
Buoyed by news of China plans to ease Covid restrictions that have hurt international arrivals, the Shanghai-headquartered hotel chain soared by 17% on its debut on the Nasdaq on Friday. Atour, …
Chinese brands outnumber foreign names among Singles Day best-sellers
Chinese consumers clutched their wallets tight in this year’s Singles Day and continued seeking relatively economical home brands over pricier expensive labels, as strict COVID-19 curbs and economic …
China tightens restrictions as rise in virus cases reported
Everyone in a district of 1.8 million people in China’s southern metropolis of Guangzhou was ordered to stay home Saturday to undergo virus testing and a major city in the southwest closed schools as …
Ireland doesn’t want to shut the door to China despite growing strains, says Foreign Minister Simon Coveney
Minister says Dublin will follow tighter EU rules on foreign investment – imposed amid growing concerns about ties with Beijing – but China ‘can’t be ignored’.
China’s chip executives brace for winter as US sanctions push country’s semiconductor industry to the brink of desperation
At first, US sanctions helped trigger a boom in China’s chip industry as firms pushed to meet Beijing’s call for technological self-reliance Most executives from Chinese chip firms predict that 2023 …
Tesla Might Export Cars From China to the US: Report
Reuters, the venerable and trusted Canadian news service, came out with a story late Friday morning that said that Tesla was thinking about exporting Teslas made in China to the U.S., because it is …
China’s pro-business culture is in doubt, says investment trust Scottish Mortgage
Scottish Mortgage, the technology-focused FTSE 100 investment trust, has cut back some of its biggest investments in China, warning that the country’s pro-business culture which produced so many …
Cancelled sailings from China and ‘radical’ vessel cuts hit U.S. ability to reach export market
As freight shipping prices fall on weak global demand, Asia-based sailings are being cancelled and that’s becoming a problem for US ports including Long Beach.
