China’s official gauge of business activity outside factory floors expanded faster in August as the country’s service sector showed more signs … ( read original story …)
Tagged By business
Jack Ma’s Ant Fuels Tech IPO Frenzy Not Seen Since Dotcom Bubble
Ant Group’s potentially record-sized initial public offering could propel technology capital-raising in 2020 past the dizzying heights of the dotcom bubble, an extraordinary showing in a … ( read original story …)
What Happens To The Phase One China Trade Deal If Biden Is President?
Joe Biden will be elected president on November 6. What happens to one of the biggest signature trade policies of the Trump era in that case — the “amazingly great” China phase one trade deal?…
Week In Review: Antengene Approved By Hong Kong Exchange For $200 Million IPO
Antengene, a three-year old Shanghai startup originally backed by Celgene, will conduct a Hong Kong IPO that is expected to raise $200 million. ( read original story …)
China’s Brand of Communism
Communism is back in the news. That’s in part because the Trump administration has made a national priority of informing the public about the China challenge. Earlier this summer four … ( read original story…
China Is ‘No Threat To Bitcoin,’ Promises Foundry CEO After $100 Million Bitcoin Mining Bet
Foundry chief executive Mike Colyer doesn’t see China as “a major threat” to bitcoin, despite recent warnings the Chinese government could “effectively block or reverse [bitcoin] … ( read original story …)
Tesla’s Chinese competitor Xpeng completes debut with 41 per cent premium after upsizing IPO to US$1.5 billion
Chinese electric car maker Xpeng completed its debut in New York by handing investors a 41 per cent premium, underscoring optimism surrounding a growing list of start-ups that aimed to overtake market … ( read…
Geopolitical risks prevail as new players emerge in the crypto mining space
Taras Kulyk, Senior Vice President of Blockchain Business Development at Core Scientific, says that the countries competing to become leaders in the Blockchain space vary greatly in what they can … ( read original story…
Regulated Blockchain: A New Dawn in Technological Advancement
For blockchain to be widely accepted, there will be a need for some level of assimilation with the traditional way of doing things. ( read original story …)
China’s IPO Mania Creates Three New Billionaires in One Week
The pace of wealth creation in China just reached a whole new level.Just ask Hu Kun, chairman of Contec Medical Systems Co. Shares of the instruments maker surged more than 10-fold in its market debut…
US Moves To Seize 280 Cryptocurrency Accounts Linked To North Korean Hackers
The U.S. Department of Justice is seeking to seize 280 cryptocurrency accounts tied to North Korea. In a statement, the Justice Department said these North Korea-affiliated hacker … ( read original story …)
Bitcoin mining farms in China’s Inner Mongolia region are set to face higher electricity prices after a government crackdown
Twenty-one bitcoin mining farms, including those of Bitmain, Ebang and China Telecom in China’s Inner Mongolia region, are set to face higher electricity prices after a local government crackdown.The … ( read original story …)
$100 Million To Be Invested In Bitcoin Mining By Digital Currency Group
Barry Silbert stands as the CEO of Digital Currency Group (DCG), and understands the age-old saying of money makes money. DCG is already established as […] … ( read original story …)
