Risk off in the outside markets also played a role in the selling pressure according to Lane Akre, economist with Pro Farmer. However, he doesn’t think all the China demand is priced into the soybean…
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Playboy stock soars after signing $122 million China business deal
Investing.com — Playboy (NASDAQ:PLBY) stock surged 26% Monday after the company announced a major deal with United Trademark Group to sell half of its China business for $122 million in total cash …
China digital exports surge as Alibaba, Tencent lead global push
China digital exports surge as Alibaba, Tencent lead global push TikTok’s $38 billion Brazilian data center and Tencent’s cloud expansion across three continents reveal how China’s digital services …
Chinese chip designer Montage Technology soars over 60% in Hong Kong debut
Shares of Chinese chip designer Montage Technology surged 60% in its Hong Kong trading debut on Monday following an initial share sale that raised $902 million.
Bitcoin Falters as China Pushes Risk-Off, Orders Banks to Sell US Treasuries
Bitcoin slips and US treasury yields rise as China pushes risk-off sentiment amid gold buy and orders banks to limit US treasury purchases.
‘Made in China’ redefined
BEIJING: For Selena, a consumer from Spain, traditional Chinese culture came alive in an unexpected way: a makeup palette. The compact from Chinese cosmetics brand Florasis, intricately engraved with …
Montage Technology IPO boosts Hong Kong AI chip market
Montage Technology shares jumped over 50% on their Hong Kong debut, raising HK$7.04 billion.
China digital exports surge as Alibaba and Tencent lead global push
Alibaba, Tencent and ByteDance account for lion’s share of China’s digital exports Read more at straitstimes.com. Read more at straitstimes.com.
China’s legalisation of real-world asset tokenisation sends related stocks higher
SHANGHAI, Feb 9 (Reuters) – Investors snapped up real-world-asset-related stocks in China and Hong Kong on Monday, betting they would benefit from Beijing’s move to set up a legal framework for the …
China’s international standards conversion at 88.9%
BEIJING: China’s market regulator said it accelerated efforts last year to align domestic rules with international standards, further energise business entities and promote fair competition, as part …
Why China Fears a Crypto and Bans Offshore Stablecoins
China is continuously taking strict actions against cryptocurrency and bans oversee issuance of Yuan-pegged stablecoins. But, why?
In depth: Global capital, Chinese AI converge in Hong Kong
The surge in interest in AI software stocks has been reinforced by a parallel rally in AI hardware Read more at The Business Times.
3rd Türkiye–China business conference held in Istanbul to boost trade
Event is important for exchanging views on advancing economic and trade relations between 2 countries, says Chinese ambassador to Türkiye.