The autonomous driving start-up’s hold on going public follows Beijing’s move to ban ride-sharing giant Didi from signing up new users soon after its IPO.
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Time to throw in the towel on U.S. trade war with China
In all, duties disrupt U.S. supply chains and raise input costs to many American firms and households that use Chinese products.
China’s Nio plans 3 car models next year, sets up team for mass-market brand
Nio Inc (NIO.N) plans to deliver three new car models next year, including its first sedan, Chief Executive William Li said on Thursday, as the Chinese premium electric vehicle maker reported a …
FILA China appoints Paper Stone Scissors as creative and strategic communications partner
Paper Stone Scissors has announced their new partnership with FILA China. In the relatively short time working together, Paper Stone Scissors were able to shoot in Sydney just before Lockdown, then …
China’s steel export ban threatens to stall newbuilding recovery
Shipyards are becoming concerned as Beijing’s industrial policy is set to increase inflationary pressure on material prices …
With Better Crypto Mining Plays Out There, Why Bother With SOS Stock?
There’s still so little we understand about SOS stock. Given its many risks, regulatory pressure and lack of firm information, avoid it.
Report: China nixes U.S. IPO plans by Fremont autonomous EV startup Pony-ai
The company was founded in Fremont where its CEO and CTO are based. But it has significant operations in China where it launched commuter pilots and signed partnerships with Chinese state-owned auto …
Hong Kong’s stock exchange has a record number of pending IPOs despite China’s crackdown, says new CEO
A record number of companies have applied for IPO listings with Ltd., the exchange’s CEO told Bloomberg in a Wednesday interview. About 200 companies have filed for listings even as China carries out …
Soybean Futures Find Renewed Support as China Continues 5-Day Buying Spree
November soybean futures hit the highest level in more than a week with China on a five-day buying spree for U.S. soybeans. China’s appetite continued Wednesday with USDA confirming a a sale of …
Crypto Hack Earned Crooks $600 Million
In one of the largest cryptocurrency hacks to date, cyberattackers reportedly stole millions from the decentralized finance (DeFi) platform Poly Network.
New-vehicle sales shrink for third straight month in China amid persistant chip crunch
China’s new-vehicle market contracted for the third consecutive month in July as tight microchip supplies continued to constrain vehicle output. Last month, sales of new vehicles industrywide declined …
As China and Iran Move to Ban Crypto Mining, Industry Faces Reckoning
The flourishing of the cryptocurrency industry has had an unexpectedly large influence on geopolitics. What started over a decade ago as a small-time movement aimed at restoring the balance of …
Crypto Silicon Valley
With an ongoing inquiry into the crypto space, it is yet unclear in what way projects will be influenced. Without a doubt, the regulatory input of nation states influences worldwide perception of …