Chinese private rocket firm iSpace is planning an IPO while also making progress on technology for a reusable launch vehicle. ( read original story …)
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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…
China Unicom appoints new executive director, deputy party secretary
China Unicom has appointed Chen Zhongyue its new president and executive director, succeeding Li Guohua who took his retirement in March, Light Reading reported. Chen was previously an executive VP … ( read original story …)
China’s Car-Chip Shortage Could Persist for as Long as a Decade
China’s automotive-chip shortage could persist for as long as a decade, but it has little to do with the current supply glitches snarling production, according to the official who oversees the … ( read original…
China’s linchpin to Europe in the face of the technical war with the US.
China’s linchpin to Europe in the face of the technical war with the US. SINGAPORE – China’s investment deal with the European Union … ( read original story …)
China’s pivot to Europe could further self-reliance while staying in global technology scene, academic says
Experts have said that tension between the U.S. and China fosters disconnect between the technology development in both countries. ( read original story …)
What China’s Male Beauty Market Will Look Like In 2021
China’s perception of male beauty has changed over the last few years due to the rise of Little Fresh Meat idols and shifting gender roles. Certain products, such as BB cream, have become the focus…
China-focused Primavera Spac readies $300m IPO
Primavera Capital Acquisition Corp, a special purpose acquisition company, is set to launch a $300m IPO on the New York Stock Exchange this week, extending a recent boom in Asia-focused Spacs. ( read original story…
Hong Kong Stocks at 20-Month High as Record China Cash Floods In
Hong Kong stocks are set to close at their highest level since May 2019 as mainland investors continue a record spending spree in the city. ( read original story …)
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