China’s National People’s Congress (NPC) deputy has proposed a state-backed blockchain development fund. The fund aims to support the growth and development of promising blockchain organizations. ( read original story …)
Tagged By business
WuXi AppTec-Backed Canbridge Taps Morgan Stanley for IPO
Canbridge Pharmaceuticals Inc., a Chinese drugmaker backed by WuXi AppTec Co., is working with Morgan Stanley as it starts early preparations for a planned Hong Kong initial public offering, people … ( read original story…
Hang Seng Index rebounds from rout as proposed security law roils sentiment, HKEX surges on Chinese IPO outlook
Hang Seng Index eked out a small gain after losing as much as 1.8 per cent in a market roiled by rising political temperatures. HKEX surged by the most in 18 months on improving IPO…
A member of China’s parliament suggests setting up national blockchain development fund
Tan Jieqing, a member of China’s parliament, or National People’s Congress, has recommended setting up a national, government-backed blockchain development fund.The post A member of China’s parliament … ( read original story …)
China Demands US Withdraw Sanctions on Tech Suppliers, Says It’s ‘Politicizing Business’
China demanded Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights. ( read original story …)
Chinese Retail Tycoon’s Wumei Considers Hong Kong IPO
Wumei Holdings Inc., the Chinese retail group that owns one of the country’s biggest supermarket chains, is considering an initial public offering in Hong Kong, people with knowledge about the matter … ( read original…
Hong Kong’s IPO Momentum Is Now Clouded by Political Turmoil
Hong Kong’s stock exchange was having a good week until Beijing crashed the party. Seen as one of the potential big winners from a bill last week by the U.S. Senate to limit listings of…
Re-Opening Your Business? Look To Lessons From SMEs In Post-Lockdown China
China flattened its curve in February and many of the country’s SMEs were re-opening as early as March – with little government support. Studying the path of SMEs in China may not only keep American…
China to promote regulation for registration-based system of ChiNext
China planned to optimize the issuance and underwriting of initial public offerings (IPOs) under the reform of the registration-based IPO system in ChiNext, the country’s Nasdaq-style board of growth … ( read original story …)
China’s Crypto Is All About Tracing — and Power
Beijing will come out of the coronavirus crisis with a big first-mover advantage in official digital currency. ( read original story …)
Qualcomm president says company’s ‘business model may be a stabilizing force’ between U.S. and China
As tensions continue to rise between the United States and China on everything from trade to coronavirus related actions, some American companies are concerned about being caught in the crossfire. ( read original story …)
Post-IPO Review: Wanda Sports Group Slims Down
Wanda Sports Group (WSG) went public in July 2019, pricing its shares at $8.00 in a U.S. IPO. The firm provides a range of sports events and related marketing services worldwide. ( read original story…
SmartCard Marketing Systems Inc. (OTC:SMKG) China Releases E-Yuan Cryptocurrency, A Major Opportunity For Our Payment Rails
The news creates a major opportunity for the company, as the company has been hedging significant investment resources in development over the past 3 years in developing a world class Payment Rails … ( read…
