Chinese drinks maker Nongfu Spring will raise up to $1.08 billion by pricing its shares between HK$19.50 to HK$21.50 ($2.52 to $2.77) in its Hong Kong initial public offering, according to … ( read original…
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Q&A with Vitalik Buterin on the BSN and China’s blockchain world
Ethereum co-founder Vitalik Buterin cautions China’s focus on consortium chains will pose a challenge to its global blockchain ambitions. ( read original story …)
Will Chinese bottled water giant Nongfu Spring’s Hong Kong IPO lead to more success for its low profile billionaire founder?
The upcoming listing in Hong Kong by Nongfu Spring, mainland China’s largest bottled water company by market share, is set to shine a spotlight on Zhong Shanshan, its low profile founder and … ( read…
Blockheads: Dino-banks, DeFi, crypto capital flight
Banks warmed up to blockchain, Vechain looked towards sustainability, bitcoin miners pulled the plug, and Chinese crypto is flying to other countries. ( read original story …)
China’s Nongfu Spring to raise $1.1 bln in Hong Kong IPO
Chinese drinks maker Nongfu Spring 9633.HK will raise up to $1.08 billion by pricing its shares between HK$19.50 to HK$21.50 ($2.52 to $2.77) in its Hong Kong initial public offering, according to its … (…
Huawei Builds Blockchain Platform to Help Beijing Government Manage People’s Data
Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data. ( read original story …)
China’s Blockchain Service Network to launch stablecoin support in 2021
China’s national blockchain project BSN could be the best fit for the digital yuan. China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin … ( read original story …)
18 Chinese tech stocks soar 200% as a major market relaxes its IPO rules
One of China’s major stock markets is making it easier for tech startups to go public. It’s yet another way the country is trying to promote homegrown champions as its tech war with the United…
ChiNext IPO debutant soars nearly 3,000 per cent on revamped tech board, but analysts fear speculative trading could hurt reforms
Medical equipment maker Contec Medical Systems surged by 2,932 per cent on the first day of trading, with other 17 debutants all soaring, after the CSRC scrapped the daily cap on ChiNext IPOs. ( read…
First batch of IPO debutants rocket on Shenzhen’s revamped ChiNext tech board
The first batch of 18 companies all surged on Shenzhen’s technology board after the Chinese stock-market regulator revised the trading rules that allow new shares to rise or fall without any cap on … (…
Chinese startups soar in Shenzhen market debut under new IPO rules
More than two dozen companies making their debuts on the Shenzhen Stock Exchange’s ChiNext market under new IPO rules soared in early trading on Monday, with one stock surging more than 500%, a … (…
Flood of IPOs Test Resilience of China’s Sizzling Tech Board
A flood of new offerings on China’s ChiNext index began trading under revamped rules that remove daily price limits for debut shares, testing investor demand for the already pricey gauge. ( read original story …)
Chinese startups debut on Shenzhen tech board under new IPO rules
More than two dozen companies are set to debut Monday on the Shenzhen Stock Exchange’s ChiNext market under new initial public offering rules, with their performance crucial to hundreds of other … ( read original…
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