At the time of writing, Bitcoin is trading at $11,716. An intraday low at $11,686 marked the end of the bearish leg. However, expected gains above $11,800 continue to delay due to low volatility and…
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China’s economy set for gradual recovery into second half of 2020: Oxford Economics
China will find it “extremely difficult” to reach its targets for the “phase one” trade deal with the United States due to a decline in growth prospects globally, says Sian Fenner, lead Asia economist ……
China factory output flat, retail sales slip in July
China has reported its factory output rose just under 5% last month from a year earlier while retail sales fell slightly … ( read original story …)
AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO
SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people … ( read original…
Trump’s Tech War with China Could Cost Apple Dearly
Please consider Apple’s $44 Billion China Market Threatened by Trump WeChat Ban Apple Inc. spent years building China into a $44 billion growth driver. Then the U.S. president last week cast all that … (…
Why It’s Time to Pay Attention to Mexico’s Booming Crypto Market
In a trend that is largely unnoticed outside of the country, Mexico is embracing cryptocurrency at a breakneck speed. ( read original story …)
A Chinese IPO just raised more than $2 billion amid tensions between U.S., China
Shares of KE Holdings Inc., a Chinese online property platform, initially soared 77% in a blockbuster public debut Thursday that raised more than $2 … ( read original story …)
KE Holdings shares are off to a flying start in IPO debut that raises $2.12 billion
Shares of KE Holdings Inc., a Chinese online property platform, initially soared 77% in a blockbuster public debut Thursday that raised more than $2 … ( read original story …)
Amid rising US-China trade tensions, electronics manufacturers like Foxconn will need to build facilities within the markets they plan to sell
Foxconn will have a hard time serving the divergent economic interests of the US and China, as both countries are asking companies to pick a side. ( read original story …)
China Market Update: Netease And JOYY Inc Deliver Strong Q2 Results, Offshore RMB Appreciated Versus USD Over The Past Three Months Despite Tensions
Asian equities were largely higher overnight with the Hang Seng posted a small loss. Hong Kong volume leader Tencent -2.02% succumbed to profit taking after posting great Q2 results highlighted by … ( read original…
Beike owner KE open to secondary Hong Kong or mainland listing after U.S. IPO
KE Holdings, operator of housing platforms Beike Zhaofang and Lianjia, is open to a secondary listing in Hong Kong or mainland China, after raising around $2 billion on Thursday in the biggest U.S. ( read…
Chinese firms flood into U.S. IPOs despite delisting threat
The U.S. government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland firms are rushing to offer their shares on New York exchanges, sometimes in … ( read original…
China Renaissance Congratulates Beike On Its Landmark IPO
PRNewswire/ — China Renaissance Holdings Limited (“China Renaissance”, stock code: 1911.HK) today congratulated KE Holdings Inc. (“Beike” or the … ( read original story …)