The medical device industry was the first to bear the brunt of the COVID-19 epidemic at the end of 2019, and China’s high-end medical device reserves, production and R&D; capabilities were well … ( read…
Tagged By business
China Has ‘Nationalized’ Its N95 Mask Makers
A U.S. importer of N95 respirators says they can’t get orders from Chinese manufacturers directly anymore as factories have been taken over by the government. ( read original story …)
Week In Review: Akeso Stages $335 Million HK IPO For Mono-/Bi-Specific Antibodies
AkesoBio staged a $335 million Hong Kong IPO and climbed 50% higher in its first trading session. CStone Pharma announced that China’s NMPA has accepted its NDA … ( read original story …)
Major Donations Are Coming From Crypto Industry to Fight COVID-19
As early as Jan. 25, Changpeng Zhao, the CEO of a top-ranking crypto exchange Binance, announced in a tweet that his company has pledged to donate $1.5 million (10M RMB) to help the victims of…
U.S. IPO Week Ahead: IPO Pipeline Activity Makes Up For An Empty Calendar
There are no IPOs scheduled for the week ahead, but the IPO market is showing some early signs of opening up. Recent biotech IPOs have had strong debuts, SPAC a … ( read original story…
China eases export restrictions on some medical equipment
China announced Saturday it will ease an export restriction on some medical equipment as countries around the world push to obtain the necessary personal protection equipment (PPE) they need to fight … ( read original story…
US IPO Week Ahead: IPO pipeline activity makes up for an empty calendar
There are no IPOs scheduled for the week ahead, but the IPO market is showing some early signs of opening up. Recent biotech IPOs have had strong debuts, SPAC activity has picked up, and a…
Crypto mining company Ebang International files for a $100 million US IPO
Ebang International Holdings, which makes equipment for cryptocurrency mining in China, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Ebang designs … ( read original story…
A Great Business Exodus From China
These elements are crucial in the development of technological products, notably in high-tech security and defense systems, and the move to bring the supply chain home is a hallmark of a great exodus … (…
China’s National Blockchain Will Change the World
As China rolls out its Blockchain-based Services Network (BSN), an insider describes the “breathtaking” scope of the initiative. ( read original story …)
Blockchain Bites: Coinbase Oracle, Gun Sirer’s Grants and Lightning-Powered Private Messages
A little-known technology startup has become the de facto designer of China’s Blockchain-based Service Network, an internet platform that could have significant geo-political consequences. Roger Ver … ( read original story …)
China puts global economic recovery into ‘radically different terrain:’ Former Prime Minister of Australia
Lessons learned from the Great Recession are likely to hamper China’s ability to stimulate its way out of the coronavirus pandemic this time around, according to Former Prime Minister of Australia … ( read original…
CryptoCorner: Bitcoin Rallies as CME Futures Expire, China’s Digital Yuan May be Piloted by Starbucks
As traders have been closely monitoring stocks, the push higher in U.S. equities today may share some responsibility for the jump in bitcoin’s price.” A Chinese publication called Interchain Pulse … ( read original story…
