There’s still so little we understand about SOS stock. Given its many risks, regulatory pressure and lack of firm information, avoid it.
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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 …
HKEX Has Record IPO Pipeline Amid China Crackdown, CEO Says
Hong Kong exchange’s new chief executive officer downplayed a regulatory crackdown by China that has dented the pace of initial public offerings and caused stocks to tumble in the financial hub, …
Molecular Data Inc. partners with Wanxiang Blockchain to digitize the Chemical Industry
Molecular Data Inc. (NASDAQ: MKD) has partnered with Wanxiang Blockchain to cooperate in the areas involving a Digital industrial park and a Digital E-commerce platform. The partnership will address …
Tatler Asia Taps Paco Tang to Drive China Business
Paco Tang, best known for his stint as group publisher of Condé Nast China, is joining Tatler Shangliu as its managing director, effective Sept. 1. Tang succeeds Qing Shen, who is to step down on…
US farm groups up the pressure for healthier trade with China
The Office of the U.S. Trade Representative still isn’t ready to sit down with Chinese trade officials and hash out a new path forward for trade relations, but U.S. farm groups are losing patience …
Why the USA is opening its doors to China’s bitcoin industry
An Australian investor recalls a trip to China four years ago for a bitcoin conference. During his 10 hour flight from Sydney to Shanghai, the price of bitcoin plunged 30 per cent. “They’ve just …
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