Asset Management Co.’s long-delayed 2020 results showed a record loss, with leverage hitting 1,333 times and capital buffers far short of the r …
Tagged By export
Pinduoduo Better Positioned Than Alibaba, Other Rivals In China: Why Cathie Wood’s Ark Is Bullish
Pinduoduo Inc (NASDAQ: PDD) is better able to improve its relationship with the Chinese government compared to rivals such as Alibaba Group Holding (NYSE: BABA) and JD.com Inc (NASDAQ: …
China Evergrande says it will not hold news briefing after H1 earnings
China Evergrande Group (3333.HK), the country’s debt-laden No. 2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday.
China’s AI unicorn SenseTime files for Hong Kong IPO
China’s biggest AI firm SenseTime filed Friday to go public on the Hong Kong exchange as China tightens scrutiny on overseas listings. The firm is planning to raise at least $2 billion in its IPO,…
Chinese A.I. firm SenseTime files for Hong Kong IPO despite tech crackdown and U.S. blacklist
SenseTime did not disclose the size of the IPO but is pushing ahead with a listing even as China tightens regulation for the country’s technology industry.
China declares further crackdown on crypto while North American Bitcoin miners earnings reach record highs
An official from the country’s central bank restated that Bitcoin and other digital assets are not legal tenders and have “no value.” Since the ban of crypto mining in China, Bitcoin miners in North …
485,000 x Radeon RX 470s returned to cloud mining company by China
China’s Supreme Court sided with Genesis Mining and will return 485,681 Radeon RX 470 8GB GPUs — but now they need new homes.
3 elements to boost China’s domestic cosmetics market development: e-commerce, young consumers, popular star product
China’s cosmetics market is in the development stage of “building brand power and differentiation”, from substitutes for big brands to unique products Read more.
China releases courier industry annual report for 2020
China’s courier industry ran smoothly in 2020 with a record business volume and a higher level of green development, according to an annual report released by the State Post Bureau. The sector handled …
Standard Chartered launches digital blockchain trade finance platform in Singapore
A joint venture between the Asia-heavy bank and a Chinese supply chain tech player aims to make trade finance an alternative asset class with digital efficiency.
Jinjiang, China: Speeding Up to Build the City of Sports
In the Tokyo Olympic Games, the Jinjiang brand and Olympic athletes shone togetherJinjiang, China, Aug 30, 2021 – () – After the Tokyo Olympic Games, the …
Chengdu Guoguang Electric’s IPO to debut on SSE STAR Market
Chengdu Guoguang Electric (688776) to start trading on the Shanghai Stock Exchange’s STAR Market Aug 31, tomorrow. The firm has issued 19.35 mln shares priced at RMB 51.44 per share raising RMB 995.62 …
China must pursue wider and deeper opening – People’s Daily
China must persist in opening up to the outside world despite rising global uncertainties, the official People’s Daily said in a commentary on Monday. Key quotes “China should s …
