Despite worsening tensions between the world’s two largest economies and an accounting scandal at a high-profile US-listed Chinese start-up earlier this year, firms from the Asian nation have received … ( read original story …)
Tagged By business
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss … ( read original story…
Apple’s Chinese business could be devastated by Trump’s WeChat ban
President Trump’s executive order banning WeChat could have far-reaching consequences for almost the entire technology industry, thanks to the app’s parent company, Tencent, having investments in … ( read original story …)
Chinese Tesla competitor brushes aside rising Washington-Beijing tensions, files for US IPO
Xpeng Motors, a Chinese rival to Tesla, has filed to list its shares on the New York Stock Exchange (NYSE), becoming another Chinese electric vehicle (EV) startup seeking US listing despite deepening … ( read…
China approves four new IPO applications
A-share market, the China Securities Regulatory Commission (CSRC) said in a statement. It did not specify the total amount of funds to be raised. The companies and their underwriters will confirm IPO … ( read…
Xpeng jump starts New York IPO, raising capital to expand in China and challenge Tesla in world’s largest electric vehicle market
Xpeng Motors brand, has filed confidentially for an IPO earlier this year and has now made its plan and financi … ( read original story …)
China improves business environment to spur economy
The world’s second-largest economy is unswervingly improving its business environment, nurturing fertile ground for the growth of various companies and injecting vitality into the domestic and global … ( read original story …)
WeChat Ban May Cut A Vital Lifeline To Chinese Factories For U.S. Electronics Brands
For many U.S.-based engineering teams who assemble their products in China or greater Asia, WeChat is the messaging platform of choice. This includes many of the largest, most recognizable consumer … ( read original story…
Chinese real estate giant KE Holdings sets terms for $1.9 billion US IPO
KE Holdings, China’s largest housing platform operating under the Lianjia and Beike brands, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $1.9 billion by … ( read original story…
SoftBank-Backed Beike Seeks Up to $2 Billion in U.S. IPO
KE Holdings Inc., a Chinese online property platform backed by Tencent Holdings Ltd. and SoftBank Group Corp., is looking to raise about $2 billion in a U.S. initial public offering. ( read original story …)
Trump’s WeChat Ban Risks Cratering Apple’s iPhone Business in China
Trump’s executive order could spark an iPhone exodus in China because Apple would be forced to pull WeChat —one of the most popular apps in the country— from the iOS app store. ( read original…
Next-Level Livestreaming: Jing Daily and CCI Report Shows Luxury Brands How to Profit From China’s Top E-Commerce Trend
PRNewswire-PRWeb/ — 2020 has been a pivotal year for luxury brands in China and worldwide. Facing an ongoing pandemic, … ( read original story …)
China Ends Week Positive/Hong Kong Flat Despite Black Friday, WeChat Primer, And Week In Review
Would you believe that Mainland Chinese stocks ended the week up and Hong Kong ended the week basically flat? Friday was no bueno on Tencent’s WeChat, inexplicably drawing the ire of President Trump … (…
