PRNewswire/ — ClearVue Partners (“ClearVue”), a consumer sector focused private equity fund, announced that it has successfully completed a $20M Series B Financing for VETRESKA as the lead investor. ( read original story …)
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China’s biggest chipmaker added to Entity List
SMIC has been formally added to the Entity List by the US Commerce Department, hitting the Chinese chipmaker’s access to American technology and equipment. ( read original story …)
China Telecom mobile customer base increases in November, China Mobile, Unicom lose subs
China Telecom added the most new mobile subscribers in China in November, growing by around 670,000 million to a total of 350.83 million. Market leader China Mobile lost 2.63 million customers to … ( read…
Bitcoin Controlled By China, Ripple Tells SEC In Face Of Imminent Lawsuit
Ripple Labs Inc claimed — if the U.S. Securities and Exchange Commission deems its token to be an investment contract — the regulator would cede innovation in cryptocurrency to China, which controls … ( read…
China stocks mixed on Sino-U.S. tension, firmer liquor shares limit losses
China stocks were mixed on Tuesday, as sentiment was weighed by persisting tensions between the world’s two largest economies, although losses were partially capped by strength in liquor shares and … ( read original story…
Breakingviews – China’s economic triumphalism gets harder to take
China’s speedy recovery from the pandemic will get harder for the world to take in 2021. Rapid containment of Covid-19 after it emerged in Wuhan let President Xi Jinping restart factories quickly, … ( read…
Jack Ma reportedly tried and failed to schmooze China with an offer to give ‘any of the platforms Ant has’ to the government before officials pulled its $37 billion IPO
Chinese billionaire Jack Ma’s reported offer came after he publicly scorned the government and before China pulled Ant’s groundbreaking IPO. ( read original story …)
Breakingviews – China Inc will recycle used white guys
American company men may find a savior in China Inc. As corporations try to make their ranks more ethnically representative, many experienced – if white and older – males will find themselves without … (…
China Market Update: Tale Of Two Chinas as Mainland And Hong Kong Markets Diverge
We have written extensively on why we do not believe the delisting law is a significant concern as enforcement is done by the SEC, which drafted the policy response allowing for US-listed Chinese … (…
{Hot Stocks}CHINA MOBILE quoted at HK$44.15, down 3.07%
[ET Net News Agency, 21 December 2020] CHINA MOBILE (00941) fell 3.07% to HK$44.15, dipping below the 10-D SMA of HK$44.65. It hits an intra-day low of HK$44.15, and an intra-day high of HK$45.45. The…
Stock Alert: China Customer Relations Surges On Improved Results
Shares of China Customer Relations Centers, Inc. (CCRC) are gaining nearly 50% on Monday morning. On December 18, the China-based business process outsourcing service reported an increase in revenues … ( read original story …)
China’s “unstoppable” global luxury market share nearly doubles amid pandemic
Gucci launches first of two online stores in China, alongside Alibaba, to tap into that platform’s more than 750 million users. ( read original story …)
Hong Kong stocks fall most in two weeks as US expands China blacklist, Covid-19 crisis deepens
Hong Kong stocks post losses on Monday as China promises countermeasures against the US decision to add more companies to its trade blacklist, including chip maker SMIC and drone maker SZ DJI … ( read…
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