SOS could not be immediately reached for comment outside business hours in China. “Stocks tied to blockchain have been on the run lately, swept up in the euphoria of bitcoin breaking all-time highs. ( read…
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UPDATE 1-Hindenburg goes short on blockchain firm SOS Ltd
Short-seller Hindenburg Research said on Friday it was going short on Chinese blockchain firm SOS Ltd , saying the stock has significant regulatory risk, sending its shares down 14%. ( read original story …)
Virginia Beach mask maker, Chesapeake supplier say China remains threat to business, national security
A masked Dr. Fauci bobblehead sat on the conference room table inside the Virginia Beach headquarters of Premium-PPE recently, crowded by boxes of masks, remnants of a meeting with Rep. Elaine Luria … ( read…
China’s securities regulator says IPO queuing indicates confidence in capital market
Photo taken on Nov. 3, 2020 shows the view of the Lujiazui area of Pudong, east China’s Shanghai. (Xinhua/Ding Ting) BEIJING, Feb. 26 (Xinhua) — While the large number of companies queuing for IPO ……
Chinese Companies That Have Nothing to Do With Crypto Are Pivoting to Mining
China’s non-crypto companies that are listed on the U.S. stock market have entered bitcoin and Ethereum mining while crypto’s bull run. ( read original story …)
Alibaba is back in Beijing’s good books for helping to fix poverty
Jack Ma‘s tech empire may still be facing tough new regulations in China, but Alibaba seems to have won at least a little bit of favor this week from President Xi Jinping. Alibaba was one…
Redmi K40 will be released outside of China under the Poco brand
According to sources, the Redmi K40 smartphone series, which was announced yesterday in China, will appear in other countries of the world under the Poco … ( read original story …)
China Trucking Startup Files Confidentially for U.S. IPO
China’s Uber-like startup Full Truck Alliance has confidentially filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the … ( read…
China’s ANE Logistics Weighs $500 Million Hong Kong IPO
Shanghai ANE Logistics Ltd., a less-than-truckload shipping operator backed by Carlyle Group Inc., is weighing a Hong Kong initial public offering that could raise about $500 million, according to … ( read original story …)
China, a linchpin of global supply chain, consumers spending: scholar
Sharp increase in China’s retail sales volume during its Lunar New Year week indicates that China has become not only a linchpin of the global supply chain but also a linchpin of global consumers ……
AmCham South China: 94% of US Companies Optimistic towards 2021 Business Outlook in China
The American Chamber of Commerce in South China (“AmCham South China”) today released its 2021 White Paper on the Business Environment in China and 2021 Special Report on the State of Business in … (…
China’s Big New Market…in China
Beijing. It’s over. The China threat. No Thucydides trap of rising power threatening established power. Still scope for misunderstandings, a naval clash in the South China Sea, an exchange at the … ( read original…
Wanxiang Blockchain Forms RISC-V International Blockchain SIG with Ecosystem Partners
MWC Shanghai, Wanxiang Blockchain and aitos.io announced they joined RISC-V International as strategic members and have formed RISC-V International’s new Blockchain SIG (special interest group) in … ( read original story …)