Also, Tencent gets compensated by a website that trades WeChat accounts, while Hong Kong and mainland China push for cross-border fintech products.
Tagged By export
Allison Transmission to invest $42m in China’s Jing-Jin Electric Technologies
As part of JJE’s upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of ¥264 million CNY (approximately US$ 42 …
India Roundup: Nykaa to launch IPO on Oct 28, and more
Also, Google may invest in Facebook-backed social commerce firm Meesho, and Paytm will scrap its pre-IPO share sale to speed up its public listing.
China’s CNOOC makes rare diesel imports, trading sources say
China’s state-run CNOOC has booked two diesel shipments totalling about 50,000 tonnes for early November delivery into south China, a rare purchase spurred by a strong domestic diesel market, several …
China remains world’s second importer for 11 years
China has been the world’s second importer for 11 consecutive years, the Ministry of Commerce (MOC) said on October 21. In the January September period, China imported goods worth nearly $2 trillion, …
AntChain Launches Its First Security Chip and New Blockchain Platform Powered by Privacy Computing Technology
AntChain, the flagship technology brand of Ant Group, today unveiled two new products at the Apsara Conference 2021 in Hangzhou – the FAIR platform and the T1 security chip – to ensure the security …
Take Five: ECB, FAANG and China’s bond conundrum
Bitcoin’s latest peak came six months after its last, its journey inbetween peppered by wild price swings dominated by a cryptocurrency crackdown in China. Crypto analysts reckon the dawn of U.S. ETFs …
This Is Sanmenxia City, China, Where the Yangshao Culture Was Discovered 100 Years Ago
On October 17, the Yangshao Village National Archaeological Site Park opened, which is located in Mianchi County, Sanmenxia City, central China’s Henan Province, where the Yangshao culture was …
China’s September tire exports drop in tonnage but rise in value
China exported 51 million ‘new rubber tire’ in September 2021, up 7% on the same month a year ago, according to official state figures. Total weight of tire exports in September 2021 reached 590,000 …
The Export-Import Bank of the Republic of China
The Export-Import Bank of the Republic of China’s (Taiwan EXIM) Long-Term Issuer Default Rating (IDR) was upgraded to ‘AA’ from ‘ …
Bank of China (Hong Kong) Limited – Update
Hong Kong banks’ operating environment is supported by expectations of steady economic recovery. Capital and liquidity – the key …
China’s Ping An Bank says its overdue loans rise on Baoneng liquidity crunch
China’s Ping An Bank Co Ltd said its “special-mention” and overdue loans increased in the third quarter mainly due to a liquidity crunch at Shenzhen Baoneng, a property and financial services …
Realme appoints cricketer KL Rahul as its new brand ambassador for smartphones
Chinese technology brand Realme has announced the appointment of Indian cricketer KL Rahul as its brand ambassador for smartphones. The company says that the partnership will further complement the …
