Shares of Alibaba Group fell 3.9% on Feb. 2 after the e-commerce giant gave an update on its regulatory challenges at its fiscal 3Q earnings. The company … ( read original story …)
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Ant Group reaches deal with China regulators on restructuring, Bloomberg News reports
Ant Group Co has agreed on a restructuring plan with Chinese regulators under which the fintech giant will be turned into a financial holding company, Bloomberg News reported. ( read original story …)
San Miguel’s exports to U.S. and China on the rise
Despite last year being difficult for every company around the world San Miguel is starting the new year on a positive note. ( read original story …)
Baozun Announces Acquisition of Full Jet Limited to Accelerate Expansion of Luxury and Premium Brand Footprint
Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced that … ( read original story …)
Mobile phones banned in China’s schools to fight internet addiction
Chinese authorities have banned the use of mobile phones in schools.The Ministry of Education said the ban, which applies to both primary and secondary schools, was designed to crack down on “internet … ( read…
US-China tech war: China stockpiles chips and chip-making machines to resist US
China is taking decisive steps to protect itself from a widening US technology ban, with imports of computer chips and the machines that make them surging last year. Chinese businesses bought almost … ( read…
Vogue China Founding Editor Angelica Cheung Joins Sequoia Capital
In her new role, she will focus on the fashion, lifestyle, entertainment consumer sector, supporting a new generation of Chinese creatives and international brands seeking growth in China. ( read original story …)
China’s services sector grows at slowest pace in nine months – Caixin PMI
China’s services sector activity grew at its slowest pace in nine months in January, a private sector survey showed on Wednesday, as a flare-up in coronavirus outbreaks weighed on businesses in the … ( read…
Alibaba says its cloud computing business holds tremendous potential as China picks up pace on digitalisation drive
China will be spending more on cloud computing, as the nation accelerates its digitisation process, pushing the revenue in the public cloud computing market to grow at over 20 per cent per annum from ……
Blockchain 50 2021
Bitcoin’s 2020 surge grabbed the attention of C-suite executives worldwide; not only are companies employing the technology underlying Bitcoin to perform tasks such as reconciling invoices and … ( read original story …)
China’s BSN to Add Support for Cosmos (ATOM)
China’s Blockchain Services Network (BSN) has revealed plans to integrate the pemissioned version of Cosmos (ATOM) into its platform. The BSN’s primary objective is to foster blockchain adoption as … ( read original story …)
Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
GameStop frenzy has inspired China’s crypto community to make more bets on bitcoin and dogecoin but its stock maket remains queit. ( read original story …)
Don’t Buy But Keep Close Tabs On China’s Three Delisted Telcos
The political factor played a significant role in the delisting event. China Mobile, China Unicom, and China Telecom will lose a significant portion of liquidity if the permanent … ( read original story …)
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