Binance, the world’s largest cryptocurrency exchange, doesn’t want to be called a Chinese company. Nor do Temu and Shein.
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Hong Kong’s IPO market expected to rebound in 2023, but the biggest one so far flopped in its debut
Hong Kong’s IPO market is set for a rebound after being among the worst-performing markets in 2022 but a recent debut flop of a Chinese company dampened hopes.
Chamath Palihapitiya Can’t Really Believe Crypto is Dead
It’s the uncertainty by the U.S. government to develop a proper framework and set of rules for crypto companies and projects to abide by that frightens investors and entrepreneurs.
China’s Online Shopping Giants Look Westward
Perhaps SoftBank’s public listing of chipmaker Arm just gave them a bad case of IPO FOMO. Pinduoduo is one of the biggest e-commerce operations in China, a market that has long been able to subsist…
Alibaba’s global e-commerce unit weighs IPO
Alibaba Group’s global digital commerce unit is exploring a U.S. public listing, Bloomberg reports, citing sources familiar with the matter. Why it matters: After announcing it would split into six …
Alibaba’s Online Shopping Division Eyes US IPO, Analysts Value Division At $29B-$39B
with each business potentially exploring fundraising and an IPO. A U.S. listing could help the business formally Alibaba International Digital Commerce Group, or IDCG, attract global investors wary of …
How China’s slower post-Covid recovery is playing out for our Club stocks this earnings season
A slower-than-expected recovery in China is proving to be a challenge for some of our Club holdings that do lots of business there. But, we believe it’s only a matter of time until a post-Covid…
BofA: US Dollar’s Dominance, Privilege Are Here To Stay – BRICS, Yuan & Crypto Are Not Alternatives
So long as China’s financial system remains restricted to foreign investors … levels among countries that are not always able to cooperate well with one another. Crypto assets are not currencies …
3 brand new 2010 Tesla Roadsters discovered in shipping container in China
Tesla Roadsters have been found in a shipping container in China, where they have sat since they arrived from the United States.
China’s data-security laws rattle Western business executives
Since lifting self-destructive covid-19 rules earlier this year, China’s leaders have gone on a charm offensive to lure back foreign businesses and investors. Yet the government is launching sporadic …
China’s Baosteel signs deal with Saudi Aramco, PIF to build ‘green steel’ plant as part of Belt and Road Initiative
Baosteel will invest US$437.5 million for a 50 per cent stake in the proposed joint venture with Saudi Aramco and PIF. The partners aim to make project the world’s ‘most competitive low-carbon …
Column: Asia’s crude oil imports slip in April amid softer China, India
The strong start to the year for Asia’s imports of crude oil came to a halt in April, with arrivals dropping to a seven-month low as top buyers China and India trimmed purchases.
Alibaba Spin-Off IPO In The US As Mainland Returns From Vacation
Asian investors cheered the potential Fed pause as the Asia Dollar Index gained +0.23% versus the US dollar, while Japan, Malaysia, and Thailand were on holiday.
