Siam Cement Group’s packaging unit is set to raise nearly $1.5bn in an initial public offering, signalling investor confidence in one of Thailand’s industrial champions despite economic woes and … ( read original story …)
Tagged By business
Chinese Fintech Company Lufax Plans U.S. IPO
Lufax is planning an initial public offering in the U.S., even as some other Chinese companies are opting to sell stock closer to home. ( read original story …)
Bank of China’s CBDC trials crossed 3 million between April and August
RMB worth of CBDC transactions were conducted between April and August. The Chinese government plans on testing out the CBDC in the upcoming Winter Olympic Games. The Deputy Governor of the People’s … ( read…
Amid increasing US-China tensions, humor is serious business
American Jesse Appell’s comedy is part of a long history of cultural diplomacy between the US and China. Musical performances, art exchanges and sports competitions have all helped to strengthen the … ( read original story…
Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers
An initiative by the Chamber of Digital Congress made $50 BTC contributions to all 535 members of Congress with bitcoin mined in U.S. operations. ( read original story …)
Japan’s Messaging Giant Line Introduces Crypto Lending Services
Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps). ( read original story …)
China business briefing: Mooove over, Australia
Kazakhstan’s food producers look primed to benefit from China’s increasingly tense relationship with traditional trading partners. This and more in our monthly Chinese business briefing. ( read original story …)
China Is Launching the Largest IPO in History. Here’s Why It’s a Problem | Opinion
Ant Group is most notably a provider of financial technology that is known for its Alipay platform and is partially owned by Alibaba, the ” Amazon of China .” The IPO is expected to launch…
Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?
The amount represents more than half of the $2.35 billion of crypto collateral locked into Uniswap … Neo’s DeFi ambition comes amid heightened geopolitical tensions between the U.S. and China, and … ( read original…
US is losing ‘tech cold war with China’ says Ripple co-founder
Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China Speaking at the LA Blockchain Summit conference on October 6, Ripple co-founder, Chris Larsen, … ( read original story …)
IPO Launch: iHuman Finalizes $84 Million IPO Plan
Human was founded to create a subscription and advertising supported online service that provides the ability for young children to learn languages, math science and culture in a fun environment. ( read original story …)
GIC plans to invest more than $1 billion in Ant IPO
GIC and Singaporean state investor Temasek are considering participating in both the Hong Kong and Shanghai legs of the listing, which could together raise as much as $35 billion, the people said. ( read original…
Singapore’s GIC Plans to Invest More Than $1 Billion in Ant IPO
Singapore’s sovereign wealth fund GIC Pte plans to invest more than $1 billion in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chinese payments behemoth, … (…
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