Chinese online video startup Kuaishou, the Tencent Holdings-backed challenger to the domestic version of ByteDance’s TikTok, is preparing for an initial public offering that would value the company at … ( read original story …)
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ByteDance rival Kuaishou aims to raise up to US$5 billion in Hong Kong IPO – sources
Chinese online short video start-up Kuaishou aims to raise up to US$5 billion in a Hong Kong initial public offering (IPO) as early as January, … ( read original story …)
China, Once Germany’s Partner in Growth, Turns Into a Rival
An informal partnership that kept Germany’s economy tethered to China’s for decades is unraveling, threatening Berlin’s—and Europe’s—post-pandemic recovery as the Asian giant stages a powerful … ( read original story …)
Asia-Pacific’s 5G Digital Factory Revenue Primed for a Post-COVID-19 Recovery Worth US$60 Billion in 2030
COVID-19 Recovery Worth US$60 Billion in 2030. Singapore – 17 Sep 2020. COVID-19 initially slowed mobile phone sales … ( read original story …)
ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……
Jack Ma’s Ant faces new rules as it aims to be world’s largest IPO
China’s largest provider of online consumer loans needs to limit the use of asset-backed securities to fund quick personal lending … ( read original story …)
UPDATE 1-ByteDance rival Kuaishou aims to raise up to $5 bln in HK IPO -sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……
Jack Ma’s Ant Group Hit by Flurry of New Rules Ahead of Mega IPO
Ant Group was dealt another blow by yet more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public … ( read original…
China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned
China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist. The Blockchain-Based Service Network (BSN), a … ( read original story …)
China welcomes U.S. firms to expand investment: commerce official
Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) BEIJING, Sept. 17 (Xinhua) — U.S. companies are welcome to step up investment … (…
Illinois businesses targeted by Chinese ‘crypto-jacking’ effort
Team has learned that Illinois businesses were among the targets of corporate thievery by hackers who appear linked to Chinese intelligence. ( read original story …)
U.S., China’s Cold War Is Raging in Cyberspace, Where Intellectual Property Is A Costly Front
“The theft of intellectual property by the People’s Republic of China costs America as much as $500 billion a year,” U.S. counterintelligence chief William Evanina told Newsweek. ( read original story …)
Pentagon chief says China is no match for the US Navy, even if it has more ships
Even if we stopped building new ships, it would take the [People’s Republic of China] years to match our capability on the high seas,’ he said. ( read original story …)
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