“The biggest risk to tech stocks currently is not anti-trust swirls in the Beltway, the rotation trade, or a 10 bps upward move on the 10 year.” …
Tagged By business
SOS Stock: Why Crypto Mining Play SOS Is Plunging 15% Today
Crypto mining and blockchain player SOS Limited (NYSE … Yesterday, the company announced its joint venture with Ronghe Finance to construct a supercomputing center in China. The announcement was …
The best crypto is anyone’s guess: Bitcoin and 11 more cryptocurrencies you need to know
There are thousands of cryptocurrencies in circulation. And while a handful have made headlines, many others are just as interesting. Here are 12 currencies that we consider worth keeping an eye on.
More Ride-Hailing And Food Delivery IPOs Are In The Works
While Deliveroo prepares to make its stock market debut next month, more firms in the delivery and ride-hailing space are thrashing out plans to go public.
Hong Kong IPO funds surge 822 per cent in record-breaking first quarter as US-listed Chinese tech giants opt for secondary flotations
The city’s stock exchange is second only to Nasdaq in the first quarter in terms of total funds raised, up from sixth a year earlier.
Profit or principle is the hard choice for foreign companies in China
Why Xi’s China is in Jeopardy’, is a research associate at the University of Oxford’s China Centre. Business risks for foreign companies in …
China’s WH Group to Boost Meat Imports as High Prices May Endure
(Bloomberg) — WH Group, China’s largest pork processor, said it will increase meat imports this year as local prices are likely to stay elevated following the resurgence of African swine fever in the …
Why Is China Strangling Its Greatest Tech Stocks?
Alibaba, Tencent, and Baidu could all struggle as the government tightens its control over their accumulated data and business practices.
China Evergrande sells 10% stake in online unit for HKD 16.4 bln ahead of IPO
FCB, or Fangchebao, comprises a suite of platforms for buying and selling real estate and other assets including new and used cars in China. If the company does not complete an IPO on Nasdaq or…
Hong Kong’s IPO market reaches historical high in terms of total proceeds for Q1 2021, finds KPMG analysis
The Shanghai Stock Exchange also ranked among the top 5 stock exchanges with USD 6.9 billion in IPO proceeds recorded*. The analysis, from KPMG’s 2021 Q1 review of Mainland China and Hong Kong IPO …
China May Boost Cotton Imports to Cut Xinjiang Fiber in Exports
(Bloomberg) — China could import more cotton to replace fiber from Xinjiang that’s being rejected by some Western companies and threatens to hurt its booming textile export industry. The U.S …
MPOB: Chance to export red palm oil to China
A golden opportunity has presented itself for Malaysian exporters as China announced the implementation of the Chinese Group Standard for Red Palm Oil on March 1, 2021, which enables buyers from the r …
Metro China Owner Wumei Tech Files for Hong Kong IPO
Wumei Technology Corp, owner of two of China’s biggest supermarket chains Metro China and Wumart Stores, has filed for an initial public offering on the Hong Kong stock exchange. No details were given …
