Tesla will reach $1,900 a share amid strong demand from China and a “game changing” battery business, according to Wedbush analyst Dan Ives. ( read original story …)
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China’s Digital Yuan CBDC Is Close, but Many Details Remain Unknown
Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability … ( read original story …)
US Adds Sanctions On China’s Huawei To Limit Technology Access
The US administration Monday expanded its sanctions on China’s Huawei, a move aimed at further limiting the tech giant’s access to computer chips and other technology. A Commerce Department statement … ( read original story…
Hester Peirce sworn in as SEC commissioner for second term
Crypto-friendly SEC commissioner Hester Peirce was sworn in for a second term on Monday.The post Hester Peirce sworn in as SEC commissioner for second term appeared first on The Block. ( read original story …)
Baozun – Future eCommerce Leader In China
Baozun makes selling online in China simple, offers end-to-end eCommerce services. The number of high-profile brands from the West consistently grow since IPO. ( read original story …)
China Unicom selects ZTE routers for MANs and internet data centers
ZTE has announced it has been selected by China Unicom in its data equipment centralized procurement 2020, with ZXR10 T8000-18 gaining a market share of 42 percent in the core router segment, and … (…
U.S. tightening restrictions on Huawei access to technology, chips
The Trump administration announced on Monday it will further tighten restrictions on Huawei Technologies Co, aimed at cracking down on its access to commercially available chips. ( read original story …)
Exclusive: U.S. to tighten restrictions on Huawei access to technology, chips, sources say
The Trump administration is set to announce on Monday it will further tighten restrictions on Huawei Technologies Co, aimed at cracking down on its access to commercially available chips, officials … ( read original story…
Bitcoin Price Gold Correlation Crashes 20%: 5 Things to Know This Week
Bitcoin’s network fundamentals are as bullish as ever, but $12,000 may spark a retest of lower price levels, an analyst warns … ( read original story …)
China DNA Firm Unit Considers $1 Billion Shanghai IPO
BGI Group, the world’s biggest DNA-sequencing company, is considering an initial public offering of its equipment unit on Shanghai’s Star board as early as this year, people with knowledge of the … ( read original…
China Mobile sees growth in H1 2020, as 5G rollout continues
The company deployed 188,000 in the first half of 2020, as its gargantuan 5G rollout continued it earnest. The company said that it was on course to hit its target of 300,000 base stations by…
As U.S. targets China tech, TikTok rival Bigo shifts servers from Hong Kong
BIGO Technology, a smaller rival of embattled Chinese appmaker ByteDance, is shifting servers from Hong Kong to Singapore, out of the reach of a new national security law at a time when it is seeking…
Robotruck firm Tusimple seeks IPO valuation of up to $7 billion
If Tusimple does successfully go public in the US, it would be the first self-driving company in the world to do so on a major financial market. ( read original story …)
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