Evidence of President Xi Jinping’s commitment to “seize” the blockchain opportunity, the BSN reveals lingering contradictions in China’s approach to open source crypto projects. “The Chinese … ( read original story …)
Tagged By business
China Market Update – Is Didi Chuxing, China’s Uber Slayer, Joining The Hong Kong IPO Hit Parade?
Ant Group’s IPO news came out after the close in Hong Kong on Monday … I met with Didi in November of last year at their office in Beijing’s tech hub. I left very impressed…
China’s Blockchain Infrastructure to Extend Global Reach With Six Public Chains
The Takeaway: China’s state-backed Blockchain-based Service Network (BSN) has integrated with six public chains including Tezos, NEO, Nervos, EOS, IRISnet and Ethereum. Devel … ( read original story …)
Nestlé could shed some of its local brands in China
Hong Kong (CNN Business)Nestlé might soon dump some of its local food and water brands in China. The world’s largest food company confirmed to CNN Business on Tuesday that it is exploring options … (…
Hangzhou puts company seals on Ant Group blockchain
Blockchain-based company seals, currently being piloted in Hangzhou, promise to make Chinese corporate management easier and more trustworthy. ( read original story …)
China Tech, Small-Business Gauges Show Economy Improving in July
Sentiment in China’s tech sector and among smaller firms improved this month, suggesting that the recovery in the second-quarter continued in July. ( read original story …)
Company shuns Wall Street IPO amid US-China tensions
One of China’s biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny … ( read original…
China Adds a New City to Their Fintech Pilot Initiative
China’s central bank adds a new city to its fintech innovation supervision pilot. The People’s Bank of China has officially added Chengdu, the capital of China’s Sichuan province, to the list of … ( read…
Post-Pandemic, American Businesses Want To Leave China; Europeans Don’t
So while the country of origin may no longer be China, the business is owned by the Chinese. It is unclear by the report just how much of Vietnam’s new manufacturing is from China foreign…
Bitcoin And Other ‘Crypto-Assets” Excluded From Central Bank Experiments
Participants are consulting giant Accenture ACN, settlement giant Euroclear, the HSBC bank, French firm, Iznes, etheruem platform LiquidShare, little-known startup, ProsperUS, crypto bank Seba … For … ( read original story …)
Jack Ma’s Ant Group Fintech Firm Seeks Dual Listing Of IPOs On Hong Kong And China Exchanges
Ant Group Co., a Chinese fintech company controlled by Alibaba (BABA) cofounder and billionaire Jack Ma is seeking to stage dual initial public offerings on the Shanghai and Hong … ( read original story …)
Ant Could Be the Biggest IPO Ever, but It Will Bypass the U.S. Others Could Follow.
The U.S. stock exchanges won’t get to brag about what could be the largest initial public offering in history. Chinese fintech giant Ant Group Co., which owns mobile payment network Alipay, plans a … (…
Jack Ma’s Ant Group chooses China for its IPO
One of China’s biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical … ( read original story …)
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