China’s antitrust watchdog fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling … ( read original story …)
Tagged By ipo
China’s Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial
Residents of China sent 20,000 transactions through e-commerce platform JD.com within the first 24 hours of a trial of the country’s digital yuan in the city of Suzhou, according to the Global Times. ( read…
Global Crypto ATM Market 2020 Report – Trends in Technological Strategies, Business Advancements and Top-Vendor Landscape to 2025
Global Crypto ATM Market 2020 by Manufacturers, Type and Application, Forecast to 2025 describes an in-depth evaluation and the essential aspects of the market presenting information regarding the … ( read original story …)
China Fines Alibaba, Tencent for Flouting Rules in Past Deals
Chinese regulators fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit 500,000 yuan ($76,500) each over failing to declare past acquisitions under the country’s anti-monopoly laws. ( read original story …)
Best’s Market Segment Report: AM Best Maintains Negative Outlook on China’s Non-Life Insurance Industry
AM Best is maintaining its negative market segment outlook on China’s non-life insurance segment, citing underwriting profitability that is under pressure amid market reform. A new Best’s Market … ( read original story …)
China approves three sci-tech innovation IPOs
China’s securities regulator has approved the initial public offering (IPO) of three companies on the science and technology innovation board. ( read original story …)
Steps that will help India stay in the crypto race
Against this backdrop, it is surprising and disappointing to see the government of India drag its feet on clarifying laws around cryptocurrencies. For the thriving crypto community in India, progress … ( read original story…
Trump’s ban spoils year-end party as stock index rejigs put China Mobile, CNOOC in line of fire
China’s stock market is seeing the best winning momentum since mid-2015. Instead, the year-end party is clouded by Trump’s investing ban on blacklisted companies with ties to the Communist Chinese … ( read original story…
China Ramps Up Control “No Choice But to Follow the Party”
China is taking over the private sector to maintain its growth targets. “No Choice But to Follow the Party” The Wall Street Journal reports China’s Xi Ramps Up Control of Privat … ( read original…
Secretary of State Pompeo on What the World Needs to Do About China
He says there can’t be one set of rules for most nations, and another set for China. ( read original story …)
Week In Review: JD Health Raises $3.5 Billion In Hong Kong IPO, Climbs 56% On First Day
JD Health of Guangzhou, the online health-care arm of China e-commerce giant JD.com, completed a $3.5 billion Hong Kong IPO and rose 56% in its first trading session. ( read original story …)
Hunter Biden tax probe examining Chinese business dealings
The Justice Department is investigating the finances of President-elect Joe Biden’s son, including scrutinizing some of his Chinese business dealings and other transactions, a person familiar with the … ( read original story …)
A blocked mega IPO and employee morale
But the above views were not well received by the Chinese bankers. The halt on the IPO was just Beijing’s way conveying to Ma that who holds the whip. This last-minute intervention has also left…
