Baosheng Media Group has filed to raise $27.5 million in a U.S. IPO of its ordinary shares. The firm provides advertisers and media sites in China with various digital marketing services. BMGH has … (…
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A.G. Barr Warns U.S. Companies That Do Business in China Not to Violate Foreign Agent Registration Act
Barr’s speech comes amid heightened scrutiny of companies doing business in China, triggered by the coronavirus pandemic. ( read original story …)
Chipmaker secures largest Chinese IPO in nearly a decade
This is the largest mainland China IPO since 2010, and makes SMIC the most valuable Shanghai-listed tech company with a market cap north of $84 billion. The bottom line: “The share sale is an ……
Tencent-backed blockchain startup Everledger raises $7 million in bridge financing round
Blockchain solutions provider Everledger has raised $7 million in bridge financing, i.e., loan, typically taken to meet short-term working capital needs.The post Tencent-backed blockchain startup … ( read original story …)
$1.4B in ‘High-Risk’ Crypto Flowed Onto Exchanges in H1 2020, Analysis Firm Says
Over $1.4 billion-worth of cryptocurrency tainted by illicit use moved onto global exchanges from January to June, according to blockchain analysis firm PeckShield. The top 10 crypto exchanges to have … ( read original story…
IPO Frenzy Grips China’s Nasdaq-Style STAR Market
China’s experiment in easing restrictions on stock offerings has helped funnel tens of billions of dollars into emerging technologies, which Beijing hopes can upgrade the economy. Along the way it has … ( read original…
Danone beefs up Specialized Nutrition business in China
French food group Danone said on Thursday it would spend 100 million euros ($114.08 million) to strengthen its Specialized Nutrition business in China, as it bets on the Chinese market as a source of ……
What to watch: China avoids recession, RBS name change, and Ladbrokes woes
Here are the top business, market, and economic stories you should be watching today in the UK, Europe, and abroad: China avoids recession. China has avoided recession after posti … ( read original story …)
Beijing unveils plan for blockchain-based government
China’s capital city released a blueprint for its plans to incorporate blockchain into every aspect of government. ( read original story …)
‘Shameful’: Turnbull rebukes Australian business for criticising China relations
Malcolm Turnbull has rebuked Australian business chiefs and academics for criticising the Australian government over the state of the relationship with Beijing, saying such reactions would only … ( read original story …)
Crypto Hack Latest in a History of High-Profile Twitter Breaches
Some of the highest-profile Twitter accounts, including former President Barack Obama and Tesla Inc. Chief Executive Officer Elon Musk, were subject to a breathtaking hack on Wednesday involving a … ( read original story …)
China OKs human test for coronavirus vaccine candidate based on BioNTech’s technology, says Fosun
China has given the green light to an early-stage human test for a coronavirus vaccine candidate using German firm BioNTech’s technology, its local partner said on Thursday. A unit of Shanghai Fosun … ( read…
Crypto Twitter Responds to the Twitter Hack
Crypto Twitter has taken aim at the Twitter hack, suggest there is more to this attack than meets the eye. Earlier this morning, a large-scale Twitter attack took over some of the most powerful ……
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