Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate … (…
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Warburg Pincus Marks Down Ant Valuation After Failed China IPO
The company cut Ant’s valuation to a range of $200 billion to $250 billion at year end, down from a peak of about $280 billion before the IPO was halted amid a regulatory crackdown, the…
After China’s ‘two sessions’, Xi Jinping affirms national goals for innovation, Big Tech, and the environment
Days after China’s top legislature approved the the latest five-year plan. President Xi Jinping is making sure that cadres support the country’s efforts to become a self-sufficient technology leader, … ( read original story …)
EXCLUSIVE-Investors value China’s Ant Group at over $200 bln after IPO halt -sources
Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate … (…
NFTs not disrupting traditional art world (yet), China now biggest auction market: arts update
China overtook the US to become the biggest auctions market for the first time in 2020, according to the 2021 Art Basel and UBS Global Art Market Report, whose author also chimes in on non-fungible … ( read original…
Eating up the rainforest: China’s taste for beef drives exports from Brazil
Sales rose by 76% last year and show no signs of slowing, fuelling an environmental crisis in the Amazon and Cerrado regions … ( read original story …)
China’s LNG buyers seize on reforms opening access to import infrastructure
China’s smaller liquefied natural gas buyers are seizing on reforms that’ve opened access to import infrastructure to boost competition, issuing a spate of tenders for the fuel over the past month. ( read original story…
Alibaba’s Ant Leads The Way Globally In Blockchain Patents
The company has 2,298 blockchain patents. Shenzen-based conglomerate Ping An Insurance (Group) Company of China Ltd. (OTC: PNGAY) filed 1,215 patents in 2020 to wrest the second spot from Tencent … ( read original story…
UBS Raises China GDP Call to 9% as Biden Stimulus Drives Exports
China’s economy will grow even faster than initially expected in 2021, driven by a strong rebound in the domestic economy and U.S. stimulus that should drive demand for Chinese exports, UBS Group AG … (…
China Can Avoid a Stocks Crash. Now the Bad News
China in Your Hand. Chinese stocks are offering another painful dilemma. Like many other aspects of China’s economy, the government has much influence over the equity market. Un … ( read original story …)
Iranian Oil Surge To China Hurts OPEC Efforts To Tighten Supply
The torrent of Iranian oil that’s been gushing into China in recent weeks is crowding out imports from other nations and threatening to complicate efforts by the OPEC+ alliance to tighten supply in … (…
“The 6th (Daguan– Keweiwei) China Brand Value Top 100 List” and “The First World Brand Value Top 900 List” were successfully released – MarketWatch
Rise up brand value of Chinese enterprises in world rankings. Practice the Chinese standards of international brand value communications. Promote Chinese brand value evaluation standards. Share the … ( read original story …)
Oppo Find X3 Pro Review: China’s Biggest Phone Brand Has A New Flagship Phone
Chinese smartphone brand Oppo is on a bit of a roll. The Shenzhen-headquartered company started the year by unveiling a concept rollable phone that grabbed headlines all over the internet, then … ( read original…
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