Beijing published draft rules on Wednesday to broaden its fledgling registration-based IPO system, expand the U.S.-style mechanism to all corners of China’s stock market in a shift designed to speed …
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Exclusive: Big stimulus unlikely as China considers steps to support consumers-sources
article with gallery 6:00 AM UTC China’s services activity in January expanded for the first time in five months as spending and travel got a boost from the lifting of stringent COVID-19 curbs, …
China should reconsider its ban on cryptocurrencies, says former central bank official
China issued a ban on all cryptocurrency transactions in September 2021 and cracked down on crypto trading, while promoting its CBDC pilot and blockchain technology.
Will China reconsider the crypto ban? An Economist urges the govt
As a former central bank official contacted the nation to evaluate its harsh crypto regulations, the concept of easing the prohibition on cryptocurrencies has begun to circulate in China. Former …
China’s reopening is a negative for the yuan, says Credit Suisse
Max Lin of the investment bank says the yuan’s recent strength has been driven by “equity optimism” and the increment of flows into China’s stock market will … Data is delayed at least 15 minutes.
Foreign investors are looking at China’s tech sector with ‘eyes wide open,’ says analyst
Lance Noble of CLSA says China’s technology sector has reached a “higher level … A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and …
Starbucks’ grande-sized sales drop in China squeezes profits
Feb 2(Reuters) – Starbucks’ quarterly sales decline in China was four times worse than the coffee chain expected and it has no “line of sight” into when business there will fully recover, the company …
China IPO Reform Is ‘Significant Milestone’, Goldman Sachs Says
China’s planned easing of rules for initial public offerings will allow more mid-sized companies to tap domestic investors with larger firms considering listing onshore instead of Hong Kong, Goldman …
Japanese chip equipment makers closely watch new export bans on China; Canon sees limited impacts
With US officials acknowledging that Washington has indeed been in talks with the Japanese and Dutch governments regarding new restrictions on semiconductor equipment exports to China, many have …
China boosts imports of fuel oil blended from Russian barrels
China’s independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels to use as low-cost feedstock amid a shortage of government crude oil import quotas for some of …
China unveils massive blockchain cluster running homebrew tech
China’s ambition to record government and commercial activity on a blockchain has a new engine: a 1,000-server cluster in Beijing capable of handling 240 million smart contract transactions each …
China-Pak blockchain co-op high on agenda: PBI chief
BEIJING, Feb 3 (China Economic Net) – “China is far more advanced than other countries [in the blockchain industry], and Pakistan has a high level of passion to move forward, so we are collaborating …
Billionaire Charlie Munger Delivers Very Bad Crypto News
Billionaire Charlie Munger, 99, has once again lambasted cryptocurrencies, to which he ascribes no positive utility. Quite the opposite: He’s calling on the U.S. to follow China’s example by simply …
