For firms that invested heavily in cryptocurrencies and mining gear, the options for cashing in may be limited.
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Wall Street revels in the biggest IPO boom in decades
That’s been a huge boon for the Wall Street banks orchestrating the deals. “I honestly thought last year would be the busiest in a couple of decades,” Aloke Gupte, JPMorgan’s co-head of equity capital …
JinkoSolar Updates On Jiangxi Jinko’s China IPO
JinkoSolar Holding Co Ltd (NYSE:JKS) updated on the status of the proposed initial public offering and listing of its subsidiary, Jinko Solar Co., Ltd (Jiangxi Jinko), on the Shan …
‘Taiwan’s Business is China’s Business,’ Beijing Warns Japan and U.S.
Mixed signals by Chinese officials suggest Beijing will be closely watching Japan’s next leader Fumio Kishida, who many expect will continue existing policies.
Crypto Isn’t ‘The Second Coming’—Tesla’s Elon Musk Issues Serious Bitcoin Warning After China Crashed The Price
Tesla chief executive Elon Musk has warned he doesn’t think crypto is “the second coming of the Messiah,” adding it’s “possible for governments to slow down [bitcoin and crypto’s] …
JinkoSolar Provides Updates on Jinko Solar Co., Ltd.’s Proposed IPO in China
JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, provided updates on the status of the proposed …
Taiwan seeks to benefit from China power crisis if export orders shift, central bank governor says
Central bank governor Yang Chin-long told Taiwan’s parliament on Thursday that manufacturers could shift orders to the island if China’s power crunch continues.
China’s manufacturing PMI edges down to 49.6 in September
The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.6 in September, edging down from 50.1 in August, data from the National Bureau of Statistics (NBS) showed Thursday.
U.S. should do ‘exact opposite’ of China on crypto, says Andreessen Horowitz’s Katie Haun
At CNBC’s Delivering Alpha conference on Wednesday, investor Katie Haun said the U.S. should see China as a cautionary tale when it comes to regulating crypto.
Foreign businesses in China rattled by ‘hostage diplomacy’
Huawei executive Meng Wanzhou’s return from Canada this week was lauded as a diplomatic triumph in China, but the celebrations left a bad taste for the expat business community, already rattled by the …
China factory activity shrinks for first time since February 2020
Chinese factory activity contracted in September for the first time since the height of its initial coronavirus outbreak in February 2020, official data …
Power cuts roil China, threatening growth and supply chains
From southern factories hustling to meet Christmas export orders to residents of northern towns panic buying candles, China is suffering widespread power cuts that threaten growth in the world’s …
China factories contract for first time since pandemic began
China’s factory activity contracted in September for the first time since the pandemic began last year, a sign of the damage a widespread electricity crunch is having on an already slowing economy.
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