President Trump spent a decade pursuing business projects in China, operating an office and maintaining a corporate bank account there, a report says. ( read original story …)
Tagged By ipo
Following Dida’s IPO filing, Chinese ride-hailing startup Shouqi Yueche closes series C round
Beijing-based ride-hailing platform Shouqi Yueche has closed its series C round, bagging “hundreds of millions of US dollars,” 36Kr reported on Friday, without revealing any other financial details. ( read original story …)
17M Chinese tourists verify health using blockchain to visit Macau
Chinese non-profit blockchain consortium FISCO BCOS, reports that blockchain-based health records have successfully enabled China to resume mainland tourism to Macau. From May, Macau’s … ( read original story …)
While doing business between 2013 and 2015 Trump paid $188,561 in taxes to China. He paid $750 in taxes to the US in 2016 and then 2017.
Trump’s businesses “paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015,” citing tax records reviewed by the NYT. ( read original story …)
Blockchain to add US$1.76 trillion to global GDP over 2021-2030, says PwC Taiwan
PwC Taiwan has published a report predicting blockchain technology will add a total of US$1.76 trillion to GDP of all countries around the world during the 2021-2030 decade. ( read original story …)
FCA Crypto Ban Is A Setback For The U.K. In Race To Lead The Growing Global Digital Assets Market
The U.K.’s Financial Conduct Authority (FCA) announced a ban on the sale of crypto derivatives to retail clients from January 2021. The ban will be a setback for the U.K. in maintaining its dominant ……
In China, most blockchain R&D funds are going toward this segment
A report published by Securities Daily explained how China’s publicly-listed companies spend the millions they have allocated toward blockchain R&D. The study surveyed 23 companies in China who began … ( read original story …)
Blockchain ETFs May Win as Digital Currency Concept Spreads
A s soon as the COVID-19 hit the globe, social distancing mandates and fears that notes may be carriers of the virus made the concept of digital currency popular. The Bank for International … (…
OKCoin Confirms Normal Operations During Founder Arrest in China
OKCoin has assured users its operations and services, including deposits, withdrawals, and trading are operating normally after its founder Mingxing Xu was arrested in China. ( read original story …)
China’s billionaires see biggest gains ever, adding more than $1.5 trillion to their fortunes
China’s billionaires saw their biggest wealth gains in recent history, adding $1.5 trillion to their fortunes from a spate of IPOs and tech growth, according to a new report. ( read original story …)
Intel Sees Opportunity in U.S.-China Tensions’ Impact on Supply Chains
While China is a big market for the company, CEO Bob Swan said he also aims to expand its role in 5G infrastructure as the U.S. and other countries have limited Huawei’s involvement in their…
China Market Update: Ant Group IPO Date Speculation Grows, China’s Uber Slayer Didi Chuxing Enters IPO Rumor Mill
We also had news that China’s Uber UBER slayer Didi Chuxing is considering a 2021 IPO. As a result, Hong Kong’s volume leaders were Alibaba Hong Kong, which gained +0.74%, followed by Tencent, which ……
Didi considers 2021 IPO in HK – sources
Some of its investors are now thought to be keen to cash in. Three sources have told Reuters that Didi has started initial talks with investment banks for the long-awaited IPO. The Beijing-based … (…
