Chinese monthly auto sales rose for the first time in almost two years after the country opened up for business again, fueling expectations of a industry recovery from the coronavirus. ( read original story …)
Tagged By business
China’s exports unexpectedly rise even as coronavirus batters global demand
China’s exports unexpectedly rose in April for the first time this year, taking some pressure off manufacturers in the world’s second-largest economy after the coronavirus pandemic battered demand and … ( read original story …)
uCloudlink Starts U.S. IPO Process
Cloudlink has filed to raise $50 million in a U.S. IPO. The firm has developed a marketplace and data sharing service for mobile phone users. UCL has grown rev … ( read original story …)
Huobi China to Play Pivotal Role in Development of BSN
China’s interest in blockchain technology is about to take its next step as the Blockchain-Based Service Network (BSN) comes into … ( read original story …)
Fox Business Sets ‘America Vs. China’ Documentary Anchored By Maria Bartiromo
Maria Bartiromo will anchor a one-hour Fox Business documentary America vs. China, at a time when President Donald Trump and others are casting blame on Beijing for their handling of the coronavirus … ( read…
Bank of China oversteps regulations in passing derivatives off as wealth management. And it’s not alone
China’s commercial banks have sold financial derivatives packaged as wealth management products that slipped through regulatory cracks, giving individual investors access to risky foreign commodity … ( read original story …)
Business feels the fear in Australia-China trade dispute
And this week, both sentiments are being keenly felt by Australian companies, which are fretting that the vast profits they make by selling things to China could be disrupted by the worst diplomatic … (…
Monsoon Blockchain Partners With Industry Giants in the US and Asia to Engineer the Next Generation of Fintech
Press Release Monsoon Blockchain Corporation, Asia’s premier blockchain company pioneering the adoption of highly secure decentralized asset management, has partnered with Asia’s largest digital asset … ( read original story …)
Is This The Right Time For A Chinese IPO In US? Kingsoft Cloud Will Soon Find Out
From this sale, Kingsoft Cloud expects to generate net proceeds of between $392 million and $451 million. The company would then have a market value of between $3.6 billion and $3.8 billion. Kingsoft … (…
US couple’s nightmare: Held in China, away from daughter
Chinese authorities placed exit bans on U.S. citizen Daniel Hsu and his wife, Jodie Chen, blocking them from returning home to suburban Seattle and effectively orphaning their 16-year-old daughter in … ( read original story…
U.S. faces meat shortage while its pork exports to China soar: Braun
Meatpackers and livestock producers in the United States have spent at least a year adjusting to the surge in business to China, which has faced a severe pork shortage in the wake of its battle…
Hong Kong IPOs Pick Up the Pace as China Restarts
Initial public offerings are picking up the pace in Hong Kong after two wildly successful biotech listings improved sentiment in the financial hub. ( read original story …)
Stocks Waver as China Tensions Climb
Stocks on Wall Street inched higher on Monday, following a drop in Europe and Asia, as investors remained on edge about the severity of the economic downturn. The S&P 500 was less than half a…
