Billions of dollars have been stolen through hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain. ( read original story …)
Tagged By business
Luxury brands jump on China’s retail extravaganza
Luxury brands have embraced China’s largest annual shopping spree, helping “Singles Day” break records once again.Firms including Balenciaga and Prada debuted on Singles Day, or Double 11, joining … ( read original story …)
What’s Behind China’s Clampdown on Big Tech?
Hoi Tak Leung, counsel at law firm Ashurst in Hong Kong, looks at the Chinese government’s clampdown of the country’s technology companies. Beijing on Tuesday unveiled regulations to root out … ( read original story …)
Blockchain Bites: Bitcoin’s Path to $20K, Ethereum’s ‘Unannounced’ Fork and Biden’s Crypto-Friendly Picks
ShapeShift delists three privacy coins citing regulatory uncertainty and $3 billion in blockchain bonds come to market on Friday. ( read original story …)
Latest IPO Rejection Shows China Getting Tougher on Share Sales
Just over a week since the Shanghai Stock Exchange’s stunning suspension of Ant Group Co.’s blockbuster listing, its rival in Shenzhen turned down another hopeful for the first time since new rules … ( read…
Ant IPO And Central Bank Digital Currency: A New Era Of China’s Financial Regulation
China’s new FinTech regulations that halted Ant Financial’s IPO could reduce its valuation by as much as $140 billion, according to Bloomberg. ( read original story …)
China Feihe’s Hong Kong IPO Proves Lucrative For Founder Leng Youbin
China Feihe, one of the China’s largest powdered-milk producers, went public in November last year in Hong Kong. ( read original story …)
High Rise: Billionaire Zuo Hui Dominates China’s Property Transactions Market
Zuo Hui has built KE Holdings into China’s largest platform for residential property transactions and services. And he sees plenty of growth ahead. ( read original story …)
China’s biggest tech firms dive in value as firms fear Beijing crackdown plan
Wednesday was the second day of heavy selling of Chinese tech stocks following the publication of Beijing’s draft plans to “prevent … to halt the much anticipated initial public offering (IPO) of … ( read…
China Construction Bank to issue $3B of debt certificates on blockchain
China Construction Bank (OTCPK:CICHY +3.2%), the world’s second-largest bank by assets (as of fall 2020), plans to launch the sale of $3B of debt on blockchain, the first digital security issued by a … ( read…
China Construction Bank to Launch $3B in Bonds Using Blockchain
The state-owned China Construction Bank (CCB) is preparing to become the first local bank to issue bonds using … ( read original story …)
Billionaire investor Ray Dalio believes Ant’s IPO suspension was reasonable — and says not investing in China is ‘very risky’
Dalio said there’s a risk of being too lax on innovation since Ant is a “whole new concept in terms of banking.” … ( read original story …)
China Construction Bank to issue offshore bond based on blockchain
China Construction Bank has partnered with a digital exchange to launch an offshore bond that relies on blockchain in a sign of rising interest in the technology from the countrys … ( read original story…
