Crypto activity in Asia is equivalent to that in the U.S. and Europe combined. Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all ……
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China Unicom appoints new executive director from China Telecom
China Unicom has appointed Chen Zhongyue its new president and executive director, succeeding Li Guohua who retired last March. Chen was previously an executive VP and director at China Telecom; the … ( read original story…
China Mobile Limited (NYSE:CHL) Stock Holdings Raised by Unison Advisors LLC
Unison Advisors LLC raised its stake in China Mobile Limited (NYSE:CHL) by 3.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 25,715 shares of the Wireless ……
China’s Tech Giants Are Muscling In on Lucrative IPO Market
China’s big technology companies, facing a crackdown at home over their dominance in online commerce and push into finance, are finding success in underwriting initial public offerings abroad. ( read original story …)
Stellantis CEO: all our brands get a chance, China options open
Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its … (…
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
The fallout from Ant Group’s failed IPO continues, as millions flee five mutual funds that pitched themselves as a way to gain access to the FinTech’s shares. ( read original story …)
China boosts semiconductor production in 2020, but imports keep apace, frustrating self-sufficiency goals
Semiconductors, industrial robots and new energy vehicles saw double-digit growth in 2020, according to the National Bureau of Statistics, but analysts say China remains far from its goal of … ( read original story …)
China’s iSpace advances with IPO plans, reusable launcher landing leg tests
Chinese private rocket firm iSpace is planning an IPO while also making progress on technology for a reusable launch vehicle. ( read original story …)
TikTok owner ByteDance launches Douyin Pay, its mobile payment service for China
Beijing-based ByteDance launched on Tuesday its third-party payment service for the Chinese version of its hit short video app TikTok, “Douyin Pay”, as it presses to expand into the e-commerce … ( read original story…
Chinese Investors Pull More Than $3 Billion From Funds That Missed Out on Ant IPO
Millions of individual investors in China withdrew more than $3 billion from five mutual funds that previously touted access to Ant Group’s blockbuster IPO, drastically shrinking the funds just two … ( read original story…
China’s Crypto Outflows Amounted to Over $17B in 2020
Despite China’s unfavorable crypto policies, the country continues to record more capital flight via cryptocurrency, as citizens use crypto to safeguard their funds against the weakening yuan. China’s … ( read original story …)
The crypto market is still far from its golden age, says Michael Wu
The total cryptocurrency market capitalization exceeded $1 trillion for the first time ever a week ago. However, Michael Wu, CEO of Amber Group, commented at Cointelegraph China’s Jan. 14 Hub … ( read original story…
China Unicom brings in president from rival Telecom
China Unicom ended a ten-month search for a successor to president Li Guohua, appointing former deputy GM at rival China Telecom Chen Zhongyue (pictured) to the role. In a brief statement, China … ( read…
