JD Health of Guangzhou, the online health-care arm of China e-commerce giant JD.com, completed a $3.5 billion Hong Kong IPO and rose 56% in its first trading session. ( read original story …)
Tagged By crypto
Hunter Biden tax probe examining Chinese business dealings
The Justice Department is investigating the finances of President-elect Joe Biden’s son, including scrutinizing some of his Chinese business dealings and other transactions, a person familiar with the … ( read original story …)
Intel CEO Quietly Warns Of China’s ‘Greater Bay Area’ Project
Intel INTC CEO Bob Swan didn’t single out China’s Greater Bay Area project, a development zone that seeks to replace Silicon Valley as semiconductor and microchip manufacturing and design hot spot, … ( read original…
A blocked mega IPO and employee morale
But the above views were not well received by the Chinese bankers. The halt on the IPO was just Beijing’s way conveying to Ma that who holds the whip. This last-minute intervention has also left…
China’s 5G phone shipments grow in November
Consumers experience 5G mobile phones at a business hall of China Mobile Beijing Branch in Beijing, capital of China, Oct. 31, 2019. (Xinhua/Shen Bohan) BEIJING, Dec. 13 (Xinhua) — Shipments of 5G … ( read…
China E-Cigarette Firm Relx Technology Picks Citi For U.S. IPO
Chinese e-cigarette maker Relx Technology has picked Citigroup Inc. for its planned initial public offering in the U.S., people with knowledge of the matter said. ( read original story …)
US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the … ( read original story…
China’s Xi Takes Small Step to Boost Emission Reduction Goals
Chinese President Xi Jinping announced incremental increases to the world’s biggest emitter’s climate goals at a global summit where he was expected to build on his ambitious pledge to be carbon … ( read original…
Federal criminal investigation into Hunter Biden focuses on his business dealings in China
After going quiet in the months before the election, federal authorities are now actively investigating the business dealings of Hunter Biden, a person with knowledge of the probe said. His father, … ( read original…
US Curbs on China Tech Giants Likely to Remain
Biden Jr. will face when he takes office in January, the conflicts with China over technology and cybersecurity may be among the hardest to resolve. Disputes over Chinese access to U.S. technology and … (…
How China can dominate the future of plant-based meat production
The growth of plant-based meat presents a great opportunity for crop producers in Asia, especially China. A shift away from industrial animal agriculture could also help the country combat the threat … ( read original…
IPO in HK makes founder of mystery toymaker Pop Mart a billionaire
Pop Mart International, a trendy toy maker, saw its shares rise by as much as 100 percent during its debut on the Hong Kong stock exchange on Friday and catapulted its founder Wang Ning into…
As China goes cashless, it’s the elderly who pay the price
Older people have struggled to adapt to living in a society where everything is increasingly done online – prompting the government to intervene to ensure they can still access essential services. ( read original story…
