Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floaties, guinea pig … ( read original…
Tagged By business
STAT China: Lineup for Hong Kong IPO grows, and a conversation with Junshi’s Li Ning
In this edition, we feature a conversation with Li Ning, CEO of Junshi Biosciences, along with other news and notes from Chinese biotech. ( read original story …)
How the Bitcoin Blockchain Is Being Used to Safeguard Nuclear Power Stations
Nuclearis, a manufacturer of precision mechanical components for the nuclear industry, is using the Bitcoin blockchain to verify the manufacturing blueprints of parts that make up nuclear power … ( read original story …)
ChinData readying U.S. IPO of up to $400m, say sources
Chinese data centre owner ChinData Group is preparing to file confidentially for a U.S. IPO to raise up to $400 million as it becomes the latest mainland firm to seek a New York listing, two…
Huawei, OnePlus and beyond: China’s biggest smartphone brands you should know about
From Huawei to Lenovo to Meizu, here’s a breakdown of the players in the daunting landscape of Chinese smartphones. ( read original story …)
ChinData readying U.S. IPO of up to $400 million, say sources
Chinese data centre owner ChinData Group is preparing to file confidentially for a U.S. IPO to raise up to $400 million as it becomes the latest mainland firm to seek a New York listing, two…
China’s top 10 most valuable brands
Huawei, with a brand value of 815.1 billion yuan ($117.05 billion), takes the crown as China’s most valuable brand, according to a list released by Brand Alliance. Tencent, which was valued at 746 … (…
How China is preparing its economy for a future where the U.S. isn’t the center of global demand
Some economists in China lay out their view on what high-level political talk of “dual circulation” means for China’s role in international trade going forward. ( read original story …)
Blockchain Application Innovation In Beijing Municipal Services
China has the most comprehensive blockchain strategy in the world. The Beijing municipal services and the implementation of blockchain based innovation to serve their citizens more efficiently. ( read original story …)
IPO Launch: Universe Pharmaceuticals Proposes $30 Million U.S. IPO
Universe Pharmaceuticals (UPC) intends to raise $30 million in an IPO of its ordinary shares, according to an F-1 registration statement. The firm is a manufacturer of traditional Chinese medicinal … ( read original story…
Blockchain Bites: Ethereum Classic Attacked, Electrum Wallet Drained and Taxable Microtasks
Signature Bank gave out $20 million in PPP loans to crypto firms, Ethereum Classic had another 51% attack and a DCEP wallet went live and disappeared. ( read original story …)
BlackRock Gets Nod to Set Up Mutual Fund Business in China
The company has received approval from the Chinese Banking and Insurance Regulatory Commission (CBIRC) to set up a mutual fund unit in the country. Thus, BlackRock has become the first global asset … ( read…
First Mover: Huobi Takes on OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry
Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges. ( read original story …)