China has more of the world’s 500 most powerful supercomputers than any other nation, researchers say, as countries vie for competitiveness in key industries. ( read original story …)
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China Vaping Firm More Than Doubles in Trading Debut
Chinese e-cigarette maker RLX Technology Inc. jumped 146% in its trading debut after raising $1.4 billion in a U.S. initial public offering. ( read original story …)
China’s Love of TikTok-Style Apps Powers $5 Billion IPO
Kuaishou Technology has its eyes on the world’s biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale. ( read original story …)
TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO
Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing…
Nokia, China Mobile Complete Live Trials of AI-powered 5G RAN
Nokia and China Mobile (CMCC) last week announced that they have successfully completed live trials of an AI-powered radio … ( read original story …)
China joins global efforts to tame Big Tech
China joins global efforts to tame Big Tech Big’s dominance Tech companies such as Google, Facebook, Amazon and Apple have angered US, UK … ( read original story …)
Major cities to pioneer China’s digital currency electronic payment trials ahead of 2021 launch
The expansion of the DCEP testing to larger cities could mark the final phase before the official launch. The People’s Bank of China (PBOC) has made tremendous progress in developing a central bank … (…
China’s Kuaishou Aims to Raise up to $5.42 Billion in Hong Kong IPO
HONG KONG (Reuters) – Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for ……
U.S. -China Trade Tensions Will Persist Under Biden: TD Bank Economist
With the new Biden administration, certainly you’re going to have the same complaints about the trading relationship with China as the previous administration did” … ( read original story …)
Kuaishou Seeks $5.4 Billion in Biggest Tech IPO Since Uber
Kuaishou Technology, the main rival to ByteDance Ltd. in China, is seeking to raise as much as $5.4 billion in Hong Kong in what would be the world’s biggest internet initial public offering since ……
Hong Kong stocks roar into 2021 on surge of investment from China
One of the world’s biggest laggards in major global stock indexes in 2020 is the best performer so far this year, thanks to a deluge of Chinese money. Hong Kong’s Hang Seng Index has touched…
Hong Kong stocks look for earnings boost, mainland China tonic to overcome fatigue after world-beating run
Hong Kong markets suffered their biggest slide in eight weeks on Friday, the first sign of fatigue during the best start to a year since 1985. Investors, though, will not run out of reasons to…
Nokia, China Mobile trial AI-powered radio access on live 5G network
The companies completed an AI-based real-time user equipment (UE) traffic bandwidth forecast trial in Shanghai … ( read original story …)