Asia’s second-largest economy is recovering from the start-of-the-year weakness, but the risk of declining export demand still poses a risk. ( read original story …)
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Ant IPO: how US-China trade tensions are driving foreign investment in world’s largest public offering
Foreign investors’ appetite for pipeline of Chinese technology IPOs seems to be growing despite threat of US financial sanctions, but analysts say it is unclear how long the window of opportunity may … ( read…
China Is Getting Ready for a World Without Trump
Now that Trump appears to be on his way out, and China’s economy is growing again — with parts of Europe and the U.S. resuming lockdowns — the yuan’s outlook is rosy. Reining in excessive…
Chinese Lender Lufax Raises $2.36 Billion in IPO. Why It’s a Broken Deal.
Shares closed at $12.85, below its $13 IPO price, making it a so-called broken deal. Lufax is looking to make retail borrowing and wealth management easier, safer, and more efficient in China. It … (…
Ant Group’s Financially Inclusive Blockbuster IPO
Ant Group from the beginning has sought to be financial inclusive through its wealth management products and lending. Its IPO was no different. ( read original story …)
Pacer Advisors Inc. Raises Stock Holdings in China Mobile Limited (NYSE:CHL)
Pacer Advisors Inc. boosted its holdings in China Mobile Limited (NYSE:CHL) by 100.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange … ( read original…
China appears to be testing a brand new military exoskeleton
China’s military is apparently testing a new exoskeleton to help soldiers haul heavy loads with relative ease, according to footage broadcast on Chinese … ( read original story …)
EMERGE 2020 | Central mandates are China’s edge for decentralized ledgers
China’s blockchain developers are riding a wave of state … “But out of that, innovative things will emerge.” Crypto investors are also misallocating funds in exchanges, Graham said. He cited the … ( read original…
Retail Investors Placed Bids for Record $3 Trillion of Shares in Ant Group’s IPO
Retail investors placed bids for a record $3 trillion of shares in Ant Group Co. Ltd.’s dual listing in an unprecedented show of interest by mom-and-pop … ( read original story …)
What Ant Group’s world beating IPO means for Asia’s mobile payment giants
The Chinese behemoth spies great riches in the untapped market of Southeast Asia, but home-grown unicorns like GoPay and GrabPay will put up fierce resistance – as will smaller players who decide to … (…
China blue-chips end higher on rising factory activity
SHANGHAI, Nov 2 (Reuters) – China blue-chip shares finished higher on Monday after a private survey showed the fastest acceleration in Chinese factory activity in nearly a decade, the latest … ( read original story…
Blockchain Investment Matchmaking conference successfully held in Chengdu
In Chengdu, over 266 enterprises with blockchain in the business world. Among them, there has been an explosive growth from 2018 to 2019, … ( read original story …)
China’s manufacturers embrace ‘smart shops’ to address rapidly changing, and increasingly pickier, consumer tastes
Digital garment printers are helping China’s clothing manufacturers meet the demands of fickle young consumers who want it all in the era of internet shopping: unique designs, fast delivery and … ( read original story…