Hong Kong, the US and some other regions and countries are racing each other to set up regulatory frameworks for stablecoins.
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China industry body warns against illegal fundraising risks involving stablecoins
An industry body in China warned against illegal fundraising risks involving stablecoins amid a market frenzy over cryptocurrencies and digital assets. The Beijing Internet Finance Association said in …
Crypto Caution: The Risky Rise of Stablecoins in China
China’s industry body warns against illegal fundraising risks related to stablecoins amid cryptocurrency market frenzy. Some unscrupulous entities lure investors with promises of high returns under …
China’s CXMT eyes IPO amid global memory-chip market upswing
CXMT, the parent of Chinese semiconductor firm ChangXin Memory Technologies, has initiated its initial public offering (IPO) process on the mainland, as it seeks funding to bolster growth amid an …
Despite IPO boom, HKEX hype could ‘moderate’ with trade tensions set to impact 1HFY2025 results: Morningstar
CGSI, which initiated coverage on HKEX in March, raised their fair value estimate to HK$520 in June, but Morningstar Equity Research is less optimistic.
3 Made In China Coins to Watch for the Third Week of July
The Made in China coins like Huobi Token, Nervos Network, and Zilliqa show promising growth this week amidst volatile crypto markets.
FWD’s IPO journey charts fall and rise of Hong Kong market
Hong Kong has reclaimed its place as a global IPO hub, and supportive policies mean more such success stories could be on the way soon As Hong Kong’s IPO activities have come back to life,…
Starbucks China attracts bids at up to $10 billion valuation, CNBC reports
Starbucks’ China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion, CNBC reported on Wednesday, citing people familiar with the matter.
Tariffs drive US clothing imports from China to 22-year low in May
The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs. China has…
Trump wants to talk business with Africa in hopes of countering China. But a US summit excluded Africa’s big players
The White House hosted an “African leaders” summit of sorts this week. But only five countries from the continent of more than 50 nations were welcome to join.
Xinzi Ups the Ante With Larger Nasdaq IPO Even As Delisting Risks Grow For Chinese Firms
Hangzhou Xinzi Optoelectronics Technology Co. Ltd.’s (XZ.US) new decision to supersize its Nasdaq IPO may be raising some eyebrows, especially given its weak financials and growing wariness of U.S.
Anthem Biosciences banking on China plus one, innovation platforms to unlock growth
Anthem Biosciences will launch its ₹3,395 crore IPO from 14 to 16 July, aiming to benefit from the global pharma industry’s shift away from China.
Top-3 Chinese suppliers of Apple all head to Hong Kong for IPO
Luxshare Precision, Lens Technology, and Goertek, China-based top-tier suppliers of Apple, are racing toward IPOs on the Hong Kong Stock Exchange (HKEX) as they seek capital to fuel transformation amid US-China trade frictions and supply…