AM Best is maintaining its negative market segment outlook on China’s non-life insurance segment, citing underwriting profitability that is under pressure amid market reform. A new Best’s Market … ( read original story …)
Tagged By business
China approves three sci-tech innovation IPOs
China’s securities regulator has approved the initial public offering (IPO) of three companies on the science and technology innovation board. ( read original story …)
Steps that will help India stay in the crypto race
Against this backdrop, it is surprising and disappointing to see the government of India drag its feet on clarifying laws around cryptocurrencies. For the thriving crypto community in India, progress … ( read original story…
Trump’s ban spoils year-end party as stock index rejigs put China Mobile, CNOOC in line of fire
China’s stock market is seeing the best winning momentum since mid-2015. Instead, the year-end party is clouded by Trump’s investing ban on blacklisted companies with ties to the Communist Chinese … ( read original story…
China Ramps Up Control “No Choice But to Follow the Party”
China is taking over the private sector to maintain its growth targets. “No Choice But to Follow the Party” The Wall Street Journal reports China’s Xi Ramps Up Control of Privat … ( read original…
Secretary of State Pompeo on What the World Needs to Do About China
He says there can’t be one set of rules for most nations, and another set for China. ( read original story …)
Week In Review: JD Health Raises $3.5 Billion In Hong Kong IPO, Climbs 56% On First Day
JD Health of Guangzhou, the online health-care arm of China e-commerce giant JD.com, completed a $3.5 billion Hong Kong IPO and rose 56% in its first trading session. ( read original story …)
Hunter Biden tax probe examining Chinese business dealings
The Justice Department is investigating the finances of President-elect Joe Biden’s son, including scrutinizing some of his Chinese business dealings and other transactions, a person familiar with the … ( read original story …)
A blocked mega IPO and employee morale
But the above views were not well received by the Chinese bankers. The halt on the IPO was just Beijing’s way conveying to Ma that who holds the whip. This last-minute intervention has also left…
US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the … ( read original story…
Federal criminal investigation into Hunter Biden focuses on his business dealings in China
After going quiet in the months before the election, federal authorities are now actively investigating the business dealings of Hunter Biden, a person with knowledge of the probe said. His father, … ( read original…
How China can dominate the future of plant-based meat production
The growth of plant-based meat presents a great opportunity for crop producers in Asia, especially China. A shift away from industrial animal agriculture could also help the country combat the threat … ( read original…
IPO in HK makes founder of mystery toymaker Pop Mart a billionaire
Pop Mart International, a trendy toy maker, saw its shares rise by as much as 100 percent during its debut on the Hong Kong stock exchange on Friday and catapulted its founder Wang Ning into…
