In China, making calls on specific stock index levels could soon become hazardous for analysts and money managers. The practice might be the next focus of a crackdown by market regulators.
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CEO’s plea to China: Spare crypto mining fuelled by clean energy
Crypto miners help create jobs, contribute to fiscal coffers and prefer to be in areas with energy oversupply, CEO says.
Tiger Brokers Plans to Launch Crypto Trading outside China
Tiger Brokers, a Chinese online broker listed on the US stock exchange, is planning to launch cryptocurrency trading services for its customers outside mainland China.
China Chooses Isolation, Even With 20 Million Covid Shots a Day
China is rolling out a world-leading 20 million Covid-19 vaccine doses a day, and more than 40% of the nation’s vast population has had at least one, homegrown shot. But as other countries move to…
Mining rig maker Canaan argues against wholesale crackdown on bitcoin mining in China
A major Chinese maker of bitcoin mining machines argued against an indiscriminate crackdown on cryptocurrency mining in China, saying the business helps make better use of electricity and contributes …
China remains strong export market for New Zealand despite COVID-19: statistics
China accounted for 26 percent of New Zealand’s total goods and services exports, and 20 percent of imports in the year to March 2021, Stats NZ said. Total exports to China were worth 19 billion…
Huanlejia Food Group’s IPO debut on Shenzhen Stock Exchange today
Huanlejia Food Group (300997) starts trading on the Shenzhen ChiNext Market today. The IPO is priced at RMB 4.94 per share to raise RMB 444.6 mln. Its initial listing shares accounts for 20% of total…
EIB warns of €10bn investment gap in AI and blockchain
The European Investment Bank identified an annual investment shortfall of up to €10bn in artificial intelligence and blockchain in the EU – a gap that may hinder the bloc’s attempts to catch China and …
NBA stars pressured to end China sportswear endorsements over Xinjiang
Bipartisan US congressional commission says basketball players face ‘reputational risks’ of being associated with forced labour.
Coalition putting jobs and exports at risk by opposing renewables and antagonising China, Anthony Albanese says
Labor leader will use speech to Minerals Council of Australia to reassure mining companies …
OOH advertising returns in China, bearing new opportunities
In China, out-of-home (OOH) was among the hardest-hit ad formats last year. Though spending on outdoor ads will start returning to normal this year, where and how brands deploy them may be anything …
China moves to rein in yuan rally as exports weaken
China has begun moving to curb the yuan’s post-coronavirus rally as upward pressure on the currency starts to cut into exports, a crucial engine of economic growth. The People’s Bank of China said …
Beijing pushes podcast app Ximalaya to list in Hong Kong over US
Chinese authorities reportedly have pressured podcast and audio app Ximalaya to scrap plans for an initial public offering in the U.S. and list in Hong Kong instead, as they seek to tighten their grip …