Shanghai’s speedy approval of Ant Group’s IPO paperwork showcases China’s eagerness to attract fast-growing technology companies to its markets as it competes with the US for technological supremacy. ( read original story …)
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UPDATE 1-China eases cross-border yuan policy to help trade and investors -c.bank
China will make it easier for firms to make cross-border yuan settlements on foreign trade, and relax some curbs on foreign investment, the central bank said on Friday, as part of steps to support ……
China flies 18 warplanes near Taiwan during US envoy’s visit
Taiwan’s defense ministry says China flew 18 warplanes including fighter jets near Taiwan in an unusually large show of force as a U.S. envoy held talks with officials on the self-governing island … ( read…
ByteDance mulls TikTok IPO to clinch U.S. agreement
ByteDance is planning a U.S. IPO of TikTok Global, a new company that will operate the popular video app, should its deal be cleared by the U.S. government. ( read original story …)
E-Business Expo China opens in Hangzhou
Business Expo, the Zhejiang International Digital Trade Fair and the 11th Zhejiang Business Service Fair opened at the Hangzhou International Expo Center. Co-organized by the Hangzhou Municipal People … ( read original story …)
TikTok’s Owner Is Getting Surer Beijing Will Okay U.S. Deal
(Bloomberg) — TikTok-owner ByteDance Ltd. is getting more confident its envisioned alliance with Oracle Corp. will pass muster with China’s regulators, a critical step in the political clash over the … ( read original story…
Pompeo Pitches US Business Over China In Suriname, Guyana
Pompeo became the first US secretary of state to visit the two small South American nations, long rich in lumber and minerals but where the discovery of oil has drawn a sudden new global interest.…
UBS Mulls China Expansion, New Hires for Asset Management（1）
UBS Group AG is exploring options to expand its asset-management business in China, taking advantage of relaxed rules to defend its leading position among foreign players in the 100 trillion yuan ($14 … ( read…
Apple’s Assemblers Are Looking To Shift Some Operations From China To India
Assemblers Foxconn Technology, Pegatron and Wistron are in line to save costs in India by joining a $6.6 billion government incentive scheme. ( read original story …)
VeChain Joins China Animal Health And Food Safety Alliance (CAFA) As Council Member To Provide Blockchain Technology For Enterprise Members
As the world’s leading enterprise friendly blockchain platform, VeChain has officially joined the China Animal Health And Food Safety Alliance (hereafter referred as CAFA) as one of the council … ( read original story …)
TikTok’s Owner Is Gaining Confidence Beijing Will Okay U.S. Deal
TikTok-owner ByteDance Ltd. is getting more confident its envisioned alliance with Oracle Corp. will pass muster with China’s regulators, a critical step in the political clash over the popular video … ( read original story…
China’s ByteDance proposes TikTok IPO in bid to woo White House
TikTok IPO on would be one of technology sector’s biggest-ever share sales and would dilute Chinese owner’s stake. 18 Sep 2020 01:08 GMT China’s Bytedance is considering an IPO In the US as it seeks…
China’s TikTok competitor Kuaishou, backed by Tencent, hires investment banks for a Hong Kong IPO
China’s TikTok competitor Kuaishou Technology is preparing an initial public offering in Hong Kong likely early next year, according to people familiar with its plans.The Tencent-backed short … ( read original story …)
