A-share market, the China Securities Regulatory Commission (CSRC) said in a statement. It did not specify the total amount of funds to be raised. The companies and their underwriters will confirm IPO … ( read…
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In a U.S.-China Tech Divorce, Businesses Would Have to Pick Sides
The technology industries of the U.S. and China are in some ways deeply intertwined and in others remarkably separate. The latest actions on the part of the U.S. aim to sever what ties remain. (…
Stocks Likely to Survive the U.S.-China Decoupling
Investors have largely shrugged off the escalating tensions between the U.S. and China. They shouldn’t. Watch for these risks and opportunities. ( read original story …)
China Market Update: July Industrial Production Reaffirms V-Shaped Recovery, Baidu & IQ Report Q2 Earnings, Week In Review
Tencent Music Entertainment TME (TME US) reported strong results that were above analyst expectations for Q2 on Tuesday. Revenues increased +17.5% to $981mm (RMB 6.93B) versus estimate RMB 6.871B as … ( read original story…
Why China Unicom Stock Soared Today
Shares of China Unicom have soared today, up by 19% as of 12:15 p.m. EDT, after the company reported financial results for the first half of 2020. Its performance w … ( read original story…
A faltering U.S.-China trade deal is now the nations’ strongest link
Top U.S. and Chinese trade officials are expected to recommit to a Phase 1 trade deal during a review on Saturday, even though China’s promised purchases of U.S. exports are far behind schedule. ( read…
Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC
Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language. ( read original story …)
Bitcoin miner manufacturer Ebang plans to launch crypto exchange in Singapore
Nasdaq-listed bitcoin miner manufacturer Ebang is preparing to launch its own cryptocurrency exchange in Singapore.The post Bitcoin miner manufacturer Ebang plans to launch crypto exchange in … ( read original story …)
China expands digital yuan trials to Beijing and neighboring provinces
China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces. According to … ( read original…
Ant Group makes pre-listing filing in China for blockbuster IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China’s securities regulator for its planned blockbuster initial public offering. ( read original story …)
China recovery hopes dented by fall in retail sales – business live
As the first country to be hit by the Covid-19 pandemic, and the first to ease lockdown rules, China is a litmus test for global economic prospects. So it’s rather concerning that retail spending ……
China is set to expand its digital currency testing program to large cities, including Beijing
China’s commerce ministry has officially said that it would expand the digital currency testing program to large cities, including the capital Beijing.The post China is set to expand its digital … ( read original story…
China to Launch Major Expansion of Digital Currency Trials
China is planning a major expansion of testing for the central bank-led digital yuan, according to a Wall Street Journal Report on Friday. The country’s Ministry of Commerce … ( read original story …)
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