Kuaishou Technology has its eyes on the world’s biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale. ( read original story …)
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TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO
Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing…
Major cities to pioneer China’s digital currency electronic payment trials ahead of 2021 launch
The expansion of the DCEP testing to larger cities could mark the final phase before the official launch. The People’s Bank of China (PBOC) has made tremendous progress in developing a central bank … (…
China’s Kuaishou Aims to Raise up to $5.42 Billion in Hong Kong IPO
HONG KONG (Reuters) – Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for ……
U.S. -China Trade Tensions Will Persist Under Biden: TD Bank Economist
With the new Biden administration, certainly you’re going to have the same complaints about the trading relationship with China as the previous administration did” … ( read original story …)
Kuaishou Seeks $5.4 Billion in Biggest Tech IPO Since Uber
Kuaishou Technology, the main rival to ByteDance Ltd. in China, is seeking to raise as much as $5.4 billion in Hong Kong in what would be the world’s biggest internet initial public offering since ……
Foreign companies are giving up on the United States and betting big on China, report says
Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the Covid-19 pandemic. ( read original story …)
Great Predictions about Blockchain and crypto market in 2021
When any nation’s history is written, the year 2020 will occupy a particular chapter with multiple social-economic difficulties. In that year, most of the world’s economies came to a standstill. The … ( read original…
Tencent-Backed Kuaishou, TikTok’s Main Rival in China, Readies its IPO
China’s Kuaishou, the country’s number two short-form video platform, is set to hit the public markets in the next week or two. Although Kuaishou is China’s second-place platform behind Douyin, which … ( read original…
Americans Fine With Paying More If Trading With Democracies, Not China
Americans already pay more for specialty foods and drinks. They’ll definitely pay more for an American made pair of shoes. ( read original story …)
Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining … ( read original story …)
China greenlights four ChiNext IPOs
BEIJING, Jan. 24 (Xinhua) — China’s securities regulator has approved the initial public offerings (IPOs) registration of four companies on the country’s NASDAQ-style ChiNext board. Doright Co., Ltd. ( read original story …)
‘Frothy Squared’: Crypto Firms Are Lining Up to Tap Market Mania
The IPO fever whipping up animal spirits in the stock market has spilled over into the crypto-sphere. After watching investors pour millions into blank-check companies and seeing the likes of JFrog … ( read original…
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