Blockchain Bites is back – we hope you enjoyed the holiday pause. Now for the news: Another major hedge fund may allocate to bitcoin. Kaspersky sees cybercrime on the rise for 2021. And anonymous ……
Tagged By business
IPO Launch: 17 Education & Technology Readies $288 Million IPO Plan
Beijing, China-based 17 Education was founded to develop an innovative hybrid offline-online model for tutoring K-12 students in China. ( read original story …)
China Market Update: MSCI Index Rebalance Drives Volumes, Meituan & Autohome Deliver Strong Q3 Results
Reuters reported that Chinese energy giant CNOOC, which fell -13.97% overnight in Hong Kong, and Semiconductor Manufacturing (SMIC), which fell -2.7% overnight in Hong Kong, could both be added to … ( read original story…
China’s “wolf warrior” art is getting a boost from its most fiery diplomat
I heard that Morrison is very upset about my work?” Wuheqilin, a computer graphic artist, claims to be behind a macabre drawing that has angered Australia. ( read original story …)
China’s Fight With Australia Risks Backfiring as Biden Era Nears
China’s economic offensive against Australia is partly designed to warn countries against vocally opposing Beijing’s interests, particularly with Joe Biden looking to unite U.S. allies. Yet it’s … ( read original story …)
Ant IPO Has Slim Chance of Getting Done Next Year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to … (…
China state group says official meddling contributed to default wave
The fall of state firms isn’t just a result of bad management, unclear strategy and inadequate entrepreneurship,” said Mr Wang, in unusually frank remarks from a state-owned Chinese group, during an … ( read original…
Ant IPO said to face slim chances of getting done next year
Understanding the authorities’ thinking and navigating the complex rules — some of which are still subject to change — are the biggest hurdles facing Ant. ( read original story …)
China says manufacturing activity expands for ninth straight month as official PMI beat expectations
The official manufacturing PMI reading is better than the 51.5 forecast by analysts in a Reuters poll and October’s official reading of 51.4. ( read original story …)
China’s wine tariffs will have a ‘devastating impact’ on small Australian producers, trade group says
China’s commerce ministry on Friday announced preliminary anti-dumping duties ranging from 107% to 212% on Australian bottled wine imports. ( read original story …)
China’s IPO Problem: Why Can’t Shanghai Run A Public Offering?
PetroChina launched an IPO), and was valued at $1Tn. In the next 20 weeks, the share price fell 52%. The stock never recovered. Today, PetroChina’s shares are down almost 90% from the IPO price. (…
Jack Ma’s Ant IPO Unlikely To Happen Before 2022 Over New Regulatory Hurdles: Report
Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is unlikely to be able to hold its suspended initial public offering before 2022, Bloomberg reported Sunday. What … ( read original story …)
Three firms team up for high-end auto brand
Contemporary Amperex Technology Co Ltd, a Chinese battery maker, will cooperate with Huawei Technologies Co, a technology giant, and Changan Automobile, a vehicle maker, to build a brand-new high-end … ( read original story …)
