In May, China’s State Council, or cabinet, vowed to crack down on bitcoin mining and trading, escalating a campaign against cryptocurrencies days after three industry bodies banned crypto-related …
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Bitcoin bounces to 200-day moving average ahead of US CPI data as China’s evergrande warns of default
Bitcoin has bounced to a key resistance level, dismissing weakness in stocks and the financial woes of property giant China Evergrande. The relief, however, could be short-lived if U.S. inflation …
Oil Grades Favored by China’s Independent Refiners Get a Boost
Oil grades popular with China’s independent refiners are getting a boost in the physical market amid speculation authorities are about to allocate more import quota.
Steven Cohen to Invest in Crypto Quant Trading Firm
The hedge-fund manager and owner of the New York Mets agreed to make an initial investment in Radkl, which will be led by partners of high-speed trading firm GTS.
Current Wave of China’s Big Tech Crackdown Has Unnerved Investors
Under the new rules, these violations could incur fines as high as 10% of the disciplined firm’s revenue from the previous year.
Top 5 Countries Leading the Blockchain Technology in the World
There is no denying the rampant effect caused by blockchain technology and cryptocurrency on the market. There are 5 leading countries occupying the blockchain technology space.
The next decade’s used car revolution darkhorse: Blockchain technology
Blockchain integration can offer lasting solutions on all three fronts – i) making sure accurate mileage is recorded, ii) service or collision histories are fully disclosed and, iii) residual values …
Will China’s ‘Common Prosperity’ Project Turn Out to Be a Case of ‘Cure Worse Than Disease’?
China has recently rolled out several measures that cracked … This has manifested itself in the gutting of the entire private tuition and crypto-mining industries in the country, the targeting of …
Wyndham Hotels to expand Microtel brand in China
Wyndham Hotels & Resorts will continue to expand its portfolio in China with 20 new Microtel by Wyndham hotels planned by the end of 2022. The properties will be located in key cities.
Consolidation in China’s electric vehicle industry is inevitable, says Bain & Company
Helen Liu of Bain & Company says it’s too early to tell which electric vehicle brand will “win at the end.” Brands that can provide the most innovative products and offer superior customer service …
Lihuayi Weiyuan Chemical’s IPO to debut on Shanghai Stock Exchange
Lihuayi Weiyuan Chemical (600955) to start trading on the Shanghai Stock Exchange’s Main Board Sep 15, tomorrow. The firm has issued 137.50 mln shares priced at RMB 29.56 per share raising RMB 4.06 …
China’s booming electric car market prompts lithium producer and battery assembler to raise funds for expansion
One of the world’s largest producers of lithium, as well as its biggest customer in the assembly of lithium-ion battery packs, have announced separate fundraising plans to expand their production amid …
China Mobile and CBN settle 700MHz 5G plan
Mobile telecommunication company China Mobile and the national cable TV operator China Broadcasting Network (CBN) have worked out the terms of a 700 MHz 5G implementation plan, with the operator to …
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