The Bank of China has said $300 M of Digital Yuan has been spent, making it the most advanced digital currency among large nations. ( read original story …)
Tagged By ipo
Big Businesses Target Racism in US, Stay Mum on China’s Abuses
If big companies like Apple and Disney give in to China in the face of Chinese pressure, other companies give in also,” a scholar says. ( read original story …)
Global Blockchain Week is “In the Can,” Enjoy It Now On-Demand!
I am so proud of what we accomplished over the week and it’s just getting going. Blockchain Revolution Global and Global Blockchain Week – a fully digital week-long program centered around global … ( read…
Blockchain Startup LUKSO Explains The Digital Wardrobe And Why You’ll Want One
With blockchain, a product’s lifespan can followed from creation through distribution, making authenticity completely verifiable. ( read original story …)
Search marketing in China: How UK ecommerce brands can rank high on Baidu
Ecommerce brands can rank high in Baidu organic searches even if they link to blocked US sites such as Facebook and YouTube, with 75% of websites ranked in the top ten positions on Baidu are…
Jack Ma Summoned by China Financial Regulators on Eve of Ant IPO
Four Chinese regulators including the central bank and banking watchdog invited billionaire Jack Ma and Ant Group Co.’s top executives to a supervisory interview on Monday, a rare meeting with … ( read original story…
China’s factory activity rises to near-decade high in October – Caixin PMI
Activity in China’s factory sector accelerated at the fastest pace in nearly a decade in October as domestic demand surged, a private business survey showed on Monday, adding further momentum to an … ( read…
China’s factory activity nears decade-high led by boom in domestic demand, but exports slowed as COVID-19 spike hit US and Europe
Asia’s second-largest economy is recovering from the start-of-the-year weakness, but the risk of declining export demand still poses a risk. ( read original story …)
Ant IPO: how US-China trade tensions are driving foreign investment in world’s largest public offering
Foreign investors’ appetite for pipeline of Chinese technology IPOs seems to be growing despite threat of US financial sanctions, but analysts say it is unclear how long the window of opportunity may … ( read…
China Is Getting Ready for a World Without Trump
Now that Trump appears to be on his way out, and China’s economy is growing again — with parts of Europe and the U.S. resuming lockdowns — the yuan’s outlook is rosy. Reining in excessive…
Chinese Lender Lufax Raises $2.36 Billion in IPO. Why It’s a Broken Deal.
Shares closed at $12.85, below its $13 IPO price, making it a so-called broken deal. Lufax is looking to make retail borrowing and wealth management easier, safer, and more efficient in China. It … (…
Ant Group’s Financially Inclusive Blockbuster IPO
Ant Group from the beginning has sought to be financial inclusive through its wealth management products and lending. Its IPO was no different. ( read original story …)
China appears to be testing a brand new military exoskeleton
China’s military is apparently testing a new exoskeleton to help soldiers haul heavy loads with relative ease, according to footage broadcast on Chinese … ( read original story …)
