There seems to be division in China on its position towards digital assets as regulators approve crypto trading services for institutional investors. This action is likely due to the fear of missing … ( read…
Tagged By business
UPDATE 1-MSCI deleting 10 China firms from some indexes, retaining them in others
MSCI Inc said on Tuesday it will delete the securities of 10 Chinese companies from some global indexes after the U.S. imposed restrictions on their ownership, but said it would also launch new … (…
MSCI to delete 10 China companies from some indexes
MSCI Inc MSCI.N said on Tuesday it will delete the securities of 10 Chinese companies from some indexes after the U.S. imposed restrictions on their ownership. ( ( ross.kerber@thomsonreuters.com; (617 … ( read original story…
China Inc.’s IPO Haul From the U.S. and at Home Tops Records
China Inc raised money at home and overseas in initial public offerings like never before, buoyed by the country’s early emergence from the pandemic. ( read original story …)
Wish, the Online Dollar Store, Is Losing Momentum Before IPO
The pandemic should theoretically be perfect timing for an e-commerce company to go public because homebound shoppers have fueled a record-breaking surge in online sales. ( read original story …)
China Used ‘Mass Surveillance’ on Thousands of Americans’ Phones, Report Claims
A mobile security expert told The Guardian newspaper that China is exploiting the global telecommunications system to spy on Americans’ phones. ( read original story …)
Airbnb IPO Caps 2020 Comeback Amid Travel Industry’s Reckoning
We don’t know exactly when travel will return,” Chesky admitted. “When travel does return, it will look different.” Seven months later, travel is returning and Airbnb is stronger than ever. Shares of … ( read…
Baidu Ponders Getting Into the EV Business
Chinese search-engine giant Baidu reportedly is pondering making its own electric vehicles, a move that would potentially see it enter Tesla’s and NIO’s turf. ( read original story …)
China Brilliant Global’s Latest Business Updates
China Brilliant Global Limited (China Brilliant Global or Company together with its subsidiaries, the Group; HKEX stock code: 8026.HK) is pleased to announce that its indirect non-wholly owned subsidi … ( read original story …)
China Building 1,200-Mile Southern Great Wall Along Myanmar Border: Reports
Chinese media says the barbed wire fence stops COVID-19 from entering the country, but the lengthy border wall could also prevent dissidents from leaving. ( read original story …)
Over 570,000 Uighurs Involved In China Cotton Coerced Labour: Report
Hundreds of thousands of ethnic minority labourers in China’s northwestern Xinjiang region are being forced to pick cotton through a coercive state-run scheme, a report has said. The research … ( read original story …)
Musings on China’s ‘Global Initiative on Data Security’ and the problem of security “back doors”
A review of ‘Global Initiative on Data Security’ led me to an exchange with a company doing business in China. With new 5G security issues on the horizon, it’s a good time to reflect on…
China’s blue-chip index firms on upbeat data, cenbank’s liquidity boost
China’s blue-chip index ended higher on Tuesday, boosted by upbeat factory data and a liquidity injection by the country’s central bank. SHANGHAI, Dec 15 (Reuters) – China’s blue-chip index ended … ( read original story…
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