Wall St. has created a list of some of the biggest IPO losers of 2020 year, including some brief analysis, as well as a recent trading history and what analysts are saying about each stock.…
Tagged By business
WeChat Becomes a Powerful Surveillance Tool Everywhere in China
China’s do-everything app, WeChat, has become one of the most powerful tools in Beijing’s arsenal for monitoring the public, censoring speech and punishing people who voice discontent with the … ( read original story …)
Huawei and China frozen out in Sweden after appeals court upholds 5G ban
Chinese firms Huawei and ZTE excluded from 5G networks on security grounds, while polls rank human rights and democracy as top priorities in dealing with China. ( read original story …)
China uses blockchain technology to regulate livestreaming e-commerce
The market regulation authorities in east China’s Zhejiang Province have officially launched a blockchain-powered mobile app to improve regulations of the burgeoning livestreaming market. The app was … ( read original story …)
A Chinese Millennial Pet Lifestyle Brand Closed Series B Financing by ClearVue Partners
PRNewswire/ — ClearVue Partners (“ClearVue”), a consumer sector focused private equity fund, announced that it has successfully completed a $20M Series B Financing for VETRESKA as the lead investor. ( read original story …)
China’s biggest chipmaker added to Entity List
SMIC has been formally added to the Entity List by the US Commerce Department, hitting the Chinese chipmaker’s access to American technology and equipment. ( read original story …)
Bitcoin Controlled By China, Ripple Tells SEC In Face Of Imminent Lawsuit
Ripple Labs Inc claimed — if the U.S. Securities and Exchange Commission deems its token to be an investment contract — the regulator would cede innovation in cryptocurrency to China, which controls … ( read…
China stocks mixed on Sino-U.S. tension, firmer liquor shares limit losses
China stocks were mixed on Tuesday, as sentiment was weighed by persisting tensions between the world’s two largest economies, although losses were partially capped by strength in liquor shares and … ( read original story…
Breakingviews – China’s economic triumphalism gets harder to take
China’s speedy recovery from the pandemic will get harder for the world to take in 2021. Rapid containment of Covid-19 after it emerged in Wuhan let President Xi Jinping restart factories quickly, … ( read…
Jack Ma reportedly tried and failed to schmooze China with an offer to give ‘any of the platforms Ant has’ to the government before officials pulled its $37 billion IPO
Chinese billionaire Jack Ma’s reported offer came after he publicly scorned the government and before China pulled Ant’s groundbreaking IPO. ( read original story …)
Breakingviews – China Inc will recycle used white guys
American company men may find a savior in China Inc. As corporations try to make their ranks more ethnically representative, many experienced – if white and older – males will find themselves without … (…
Stock Alert: China Customer Relations Surges On Improved Results
Shares of China Customer Relations Centers, Inc. (CCRC) are gaining nearly 50% on Monday morning. On December 18, the China-based business process outsourcing service reported an increase in revenues … ( read original story …)
China’s “unstoppable” global luxury market share nearly doubles amid pandemic
Gucci launches first of two online stores in China, alongside Alibaba, to tap into that platform’s more than 750 million users. ( read original story …)
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