China fired a verbal rocket at U. S. arms maker Lockheed Martin last month only to unleash a response which threatens its most strategically important industry, rare earths. ( read original story …)
Tagged By crypto
Major fintech’s dual IPO listing plan underscores pull of Chinese boards
On July 20, Ant Group, the fintech arm of Alibaba established in 2014, announced it would launch initial public offerings (IPOs) both on Hong Kong Stock Exchange and the Science and Technology … ( read…
Chinese Schools Can’t Keep Up With Demand for Blockchain
The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists … ( read original story …)
China to boost smart infrastructure in transport sector
By using blockchain technology, China will intensify whole-chain oversight on electronic documents, online businesses, and hazardous substances, according to the guideline. Follow China.org.cn on … ( read original story …)
Tigermed roars in its Hong Kong stock trading debut, as Asia’s largest healthcare IPO of 2020 draws traders to its clinical trials
It plans to use much of the US$1.38 billion raised to expand overseas, amid the huge surge in clinical trials for products related to potential vaccines and treatments for the coronavirus. ( read original story…
Why Gold and China Tech Are the Best Hedges Right Now
The U.S. boasted the world’s best stock market, and bonds, apart from offering interest income, provided a nice hedge against equity risks. Support our journalism. Subscribe today. Now we live in … ( read original…
Stocks Fall, Bonds Climb on U.S.-China Tensions: Markets Wrap
Stocks dropped Friday, led by Chinese technology firms, after a U.S. move to prohibit transactions related to WeChat stoked tensions. Treasuries and the dollar rose.China and Hong Kong shares saw the … ( read original…
Asian shares skid amid virus woes, China-US trade tensions
Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy. Investors were also … ( read original…
Trump Issues Order Banning TikTok, WeChat In U.S.: Reports
The order would take effect in 45 days and bans U.S. transactions with the China-based parent companies of both apps. ( read original story …)
China Market Update: Asian Markets Close Mixed, Tencent Engineers DouYu & Huya Merger
Asian equities were largely higher though Japan, Hong Kong and Mainland markets were off by a touch. Following the hijacking of TikTok from ByteDance, investors in Hong Kong stocks used Secretary of … ( read…
China’s Exports Jumped in July as Global Demand Rekindled
(Bloomberg) — China’s exports rose in July as economic … bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ( read original story …)
China’s Submarines May Be The Stealthiest On Earth: Can America Catch Up?
Admiral Ma crowed that Chinese engineers are “now way ahead of the United States, which has also been developing similar technology.” … ( read original story …)
China’s Hottest Tech Stocks Are About to Move Twice as Much
Get ready for 20% moves in some of China’s most volatile and sought-after equities. Stocks on the Nasdaq-like ChiNext board will be allowed to rise or fall at twice the current 10% cap as soon…