China Mobile, the report finds, is the world’s largest provider of cellular IoT connectivity services with an estimated 683 mn cellular IoT connections. ( read original story …)
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Ant Group’s IPO Has Deep Implications For Alibaba
Chinese equity markets were seemingly impervious to the escalating tensions between the U.S. and China which saw the closure of a consulate in each of the two countries. ( read original story …)
LVMH Confident in Recovery as China Confirms Rebound
LVMH Moët Hennessy Louis Vuitton saw a strong rebound in China in the second quarter and expects a gradual return to normal elsewhere in the second half, supported by the solid performance of … To…
China’s Blockchain Service Network on the Rise Despite Split
China’s Blockchain Service Network (BSN), the government’s ambitious state-backed blockchain infrastructure project, has continued to show substantial growth despite significant internal friction … ( read original story …)
Trade, technology and security at risk in U.S.-China feud
They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are … ( read original story …)
LVMH Net Profit Plummets 84% in H1, Sees Rebound in China
LVMH Moët Hennessy Louis Vuitton said net profit plummeted 84 percent in the first six months of the year, although it forecasts a gradual recovery in the second half, supported by a strong recovery ……
European stocks close lower with U.S.-China tensions, coronavirus in focus; travel stocks down 2.8%
European markets were mostly lower Monday as investors continue to monitor rising diplomatic tensions between the U.S. and China, while travel stocks tumbled after the U.K. imposed quarantine measures … ( read original story …)
Victoria Beckham Beauty Eyes China, Launches Flagship on Tmall Global
You can’t be a successful global brand without a solid China business—it’s just not possible these days,” said Sarah Creal, co-founder and chief executive of Victoria Beckham Beauty. ( read original story …)
Beijing attracts US-listed Chinese firms to come back home, amid worsening ties
“While putting effort into anti-pandemic combat, Beijing will continue to promote development and … Nasdaq recently enhanced IPO criteria for companies operating in “restricted markets” – … ( read original story …)
Electric SUV maker seeks up to $950 million in U.S. IPO
Li Auto Inc., a Chinese electric carmaker, is seeking as much as $950 million in a U.S. initial public offering. The Beijing company, which develops, manufactures and sells smart SUVs, plans to sell … (…
Trade, technology and security at risk in US-China feud
TRADE Both countries already have suffered heavy losses in a tariff war that erupted in 2018 over Beijing’s technology ambitions and trade surplus. If talks on ending the dispute fail, the world could … (…
China takes over closed U.S. Consulate in Chengdu days after ordering it shut, as relations continue to plummet
Move finalized Beijing’s order last week that the consulate be shut, as relations between the two superpowers continue to plummet … ( read original story …)
China’s new mini-IPO market gets off to frenzied trade, triggering circuit breakers
IPO market kicked off trading on Monday in a frenzy as circuit breakers were triggered for both surging and slumping stocks on their debuts. ( read original story …)
