China’s Blockchain-based Service Network (BSN) – a permissioned blockchain network for building decentralized applications and tokens – plans on releasing a beta central bank digital currency (CBDC) … ( read original story …)
Tagged By business
China approves four sci-tech innovation IPOs
The initial public offerings (IPOs) of four firms on the science and technology innovation board have been accepted by Chinese securities regulator. The China Securities Regulatory … ( read original story …)
Global Hedge Funds Struggle Even in a More Open China Market
In November, China expanded access for more than 400 foreign institutions … Chinese hedge funds face frustrations too, though. Those hoping for more business from international players have also … ( read original story …)
4 Companies To Join Hot IPO Market This Week, Bringing Exposure to Vaping Sales In China And Luxury E-Commerce
The hot IPO market continues with four more additions in the shortened … This Beijing-based company sells vaping products for smokers and claims to be the No. 1 “e-vapor” brand in China. It is set…
What blockchain is, how it works and how China will lead the world
the future of blockchain technology in the world’s second-largest economy did not look bright. But an endorsement from President Xi Jinping in late 2019 completely turned things around. More than a … ( read original…
Want to know where your food comes from? This blockchain can help
But one company says blockchain technology has helped alleviate … Lobster were traced as they made their way from Australia to China to be served at a wedding banquet in Shanghai. ( read original story…
Inside China Tech: IPO fever returns but Xiaomi hits US blacklist
The round-up of leading stories this week include Kuaishou’s planned IPO, Vipshop drawing antitrust attention and the US blacklisting Xiaomi. ( read original story …)
The Sudden, Unexpected End of Crypto Tribalism
Bitcoin and the crypto world have enjoyed a phenomenal decade. Despite the fact that Bitcoin is perhaps the most disruptive technology to the status quo since the printing press, the powers-that-be … ( read original…
US IPO Week Ahead: Foreign issuers dominate a 4 IPO week
Four IPOs are scheduled to raise $1.8 billion in the shortened holiday week, featuring a diverse group of foreign issuers. China’s leading e-cigarette brand RLX Technology (RLX) plans to raise $1.0 … ( read original…
Chinese peer-to-peer platform Global Internet of People widens range to $4 to $5 ahead of $25 million US IPO
Global Internet of People, an online peer-to-peer knowledge sharing and enterprise service platform in China, widened the range for its upcoming IPO on Friday. The Beijing, China-based company now … ( read original story …)
How luxury brands are embracing digital experiences in China
Digital shopping is no longer optional. It’s a necessity, and one that expands well into luxury — especially in China. “Luxury Goes Digital: Understand how Alibaba and Moschino are Driving New … ( read original…
China’s leading e-cigarette brand RLX Technology sets terms for $1 billion US IPO
RLX Technology, a leading e-cigarette brand in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $1.0 billion by offering 116.5 million ADSs at a price … ( read…
China’s blockchain project BSN to pilot global CBDC system in 2021
China’s Blockchain Service Network plans to build a system combining global central bank digital currencies in five years. ( read original story …)