Shanghai hosted the Mobile World Congress, a three-day event where thousands of attendees can engage with technological innovations. CBS News Asia correspondent Ramy Inocencio reports on … ( read original story …)
Tagged By crypto
Hindenburg short on China-based blockchain firm SOS Ltd
SOS could not be immediately reached for comment outside business hours in China. “Stocks tied to blockchain have been on the run lately, swept up in the euphoria of bitcoin breaking all-time highs. ( read…
UPDATE 1-Hindenburg goes short on blockchain firm SOS Ltd
Short-seller Hindenburg Research said on Friday it was going short on Chinese blockchain firm SOS Ltd , saying the stock has significant regulatory risk, sending its shares down 14%. ( read original story …)
Virginia Beach mask maker, Chesapeake supplier say China remains threat to business, national security
A masked Dr. Fauci bobblehead sat on the conference room table inside the Virginia Beach headquarters of Premium-PPE recently, crowded by boxes of masks, remnants of a meeting with Rep. Elaine Luria … ( read…
China’s securities regulator says IPO queuing indicates confidence in capital market
Photo taken on Nov. 3, 2020 shows the view of the Lujiazui area of Pudong, east China’s Shanghai. (Xinhua/Ding Ting) BEIJING, Feb. 26 (Xinhua) — While the large number of companies queuing for IPO ……
Chinese Companies That Have Nothing to Do With Crypto Are Pivoting to Mining
China’s non-crypto companies that are listed on the U.S. stock market have entered bitcoin and Ethereum mining while crypto’s bull run. ( read original story …)
Sei Investments Co. Has $9.76 Million Holdings in China Mobile Limited (NYSE:CHL)
Sei Investments Co. lowered its stake in China Mobile Limited (NYSE:CHL) by 6.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 342,484 shares of the Wireless … ( read original story …)
China rules record compensation for technology theft
BEIJING – China’s top court ordered a record high compensation of 159 million yuan (around $24.6 million) for the theft of technology secrets in an appeal case on Friday. It is believed to be the…
Alibaba is back in Beijing’s good books for helping to fix poverty
Jack Ma‘s tech empire may still be facing tough new regulations in China, but Alibaba seems to have won at least a little bit of favor this week from President Xi Jinping. Alibaba was one…
Redmi K40 will be released outside of China under the Poco brand
According to sources, the Redmi K40 smartphone series, which was announced yesterday in China, will appear in other countries of the world under the Poco … ( read original story …)
China Trucking Startup Files Confidentially for U.S. IPO
China’s Uber-like startup Full Truck Alliance has confidentially filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the … ( read…
China’s ANE Logistics Weighs $500 Million Hong Kong IPO
Shanghai ANE Logistics Ltd., a less-than-truckload shipping operator backed by Carlyle Group Inc., is weighing a Hong Kong initial public offering that could raise about $500 million, according to … ( read original story …)
China expected to unveil hike in military budget as tensions rise
China is expected to reveal a robust increase in defence spending at the March 5 annual opening of parliament, as its economy rebounds from the COVID-19 pandemic and military tensions rise, Chinese … ( read…
