Bitcoin plummeted in price by more than 10 per cent on Wednesday after regulators in China announced a crackdown on cryptocurrency payments. The price crash took bitcoin below $40,000 for the first …
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Oppo K9 5G might escape China under the Realme brand
Oppo has launched the K9 5G smartphone at its home market with a Snapdragon 768G chipset and 8 GB RAM. It has a lot of similarities to the Realme RMX3142 that appeared on TENAA last…
China pledges better business environment for multinational companies
China’s top economic planner, the National Development and Reform Commission (NDRC), has pledged to improve business environment for multinational companies in the next five years, with more access to …
JD Logistics CEO takes an unlikely path into China’s Big Tech sector
Yu Rui, 38, started his career in China’s vast logistics industry as a management trainee at e-commerce giant JD.com.
China’s new bid to harm Aussie exports: Beijing tells companies to develop other sources of iron-ore supplies worth $103billion to the Australian economy
China has been importing record amounts of iron ore, the key mineral used to make steel, as its economy recovers from the coronavirus pandemic – but much of the supply comes from Australia.
Nervos, China Merchants Bank launch $50 million blockchain VC
The fund will invest in dapps, DeFi, and NFTs, as long as the blockchain startups aim to integrate with the Nervos ecosystem.
Nervos and CMB International launch $50M blockchain, DeFi and NFT fund
A $50 million incubator fund has been set up to fund startups developing on China’s Nervos blockchain platform.
An open China a boon to global economy
Reform and opening-up is not only a recipe for China’s success, but has arguably become an indispensable driving force towards a more prosperous world.
China Merchants Bank launches $50 million fund focused on DeFi and NFTs
China Merchants Bank wholly-owned subsidiary CMB International has launched a joint investment fund with Nervos. The multi-million dollar fund will focus on investing in early to growth-stage startups …
China Cracks Down On Crypto Business, Saying ‘Speculative’ Trading ‘Seriously Infringing’ On Financial Order
Cryptocurrencies have “no real support value” and prices that are “extremely easy” to manipulate, three Chinese industry groups warned.
Shanghai Electric Wind Power Equipment’s IPO debut on SSE STAR Market today
Shanghai Electric Wind Power Equipment (688660) to start trading on the Shanghai Stock Exchange STAR Market Exchange. The IPO is priced at RMB 5.44 per share, raising RMB 3.106 bln. Its initial …
CMB International and Nervos Foundation Jointly Launch $50M Blockchain Ecosystem Fund
Nervos, China’s leading blockchain, today announced the launch of a $50 million fund with CMB International (CMBI), a wholly-owned …
China bans institutions from cryptocurrency activities
In its latest bout of crypto regulation, financial institutions have been banned from using digital assets in their businesses, either for trading or pricing. A Chinese journalist named Colin Wu made …
