Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to hand over its data management and monitoring activities, sources said, as part of its …
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TAOP Signs LOI to Acquire Majority Ownership of Yunnan Taoping IoT Limited to Expand Southwest China Market
Taoping Inc. (NASDAQ: TAOP, the “Company” or “TAOP”), a provider of blockchain technology and smart cloud services, today announced that it has entered into a letter of intent (the “LOI”) with the …
Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption
Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda.
Milk-Tea Couple Drops Out Of Billionaire Ranks Just Two Months After IPO
Peng Xin and Zhao Lin, the married couple behind Chinese bubble tea chain Nayuki, took their company public in Hong Kong in June amid much fanfare.
China Telecom, Exiled From U.S., Prices $7 Billion-Plus Shanghai Offering
The stock offering by China Telecom would be the world’s biggest new listing in more than a year, Dealogic data shows—highlighting the huge sums that Chinese corporate champions can access by tapping …
China’s export, import growth seen moderating in July
China’s robust export growth likely moderated in July amid an acceleration in COVID-19 cases globally and continuing severe pressure on global supply chains, a Reuters poll showed on Friday.
Didi Weighs Giving Up Data Control to Appease Beijing
Didi Global Inc. is weighing giving up control of its most valuable data as part of efforts to resolve a Chinese regulatory probe into the aftermath of its controversial U.S. initial public offering, …
China’s export, import growth seen moderating in July: Reuters poll
Although there are signs China’s strong industrial recovery in the first half of the year may be losing some momentum, overseas demand has remained strong in recent months even as factories in many …
China-US trade war: American business calls on Biden to restart talks
In a letter sent to US Treasury Secretary Janet Yellen and US Trade Representative Katherine Tai on Thursday, nearly 30 major business groups, from the agriculture to the semiconductor and …
China’s Ban on Taiwan Pineapples Backfires as New Buyers Step In
China’s surprise ban on pineapple imports from Taiwan five months ago was widely viewed as an attempt to undermine President Tsai Ing-wen’s standing with a political constituency. Trade data show the …
How Canada Goose, Moncler, & Bosideng Created A Puffer-Oligopoly In China
China’s $18 billion down apparel market is dominated by Canada Goose, Moncler, and homegrown conglomerate Bosideng — but for how long?
Chinese Tesla rival Li Auto will aim to raise US$1.5 billion in Hong Kong IPO, surpassing its Nasdaq listing last year
Li Auto has become the second Chinese electric vehicle maker to seek a dual-listing in Hong Kong after its Guangzhou-based rival Xpeng, which raised US$1.8 billion in July.
Blockchain-based trade finance offers opportunities
One of the areas where Hong Kong is excelling, and that can bring many opportunities to the whole of the Greater Bay Area, is that of blockchain-based trade finance platforms. Trade finance refers to …
