Kingsoft Cloud Holdings, a Chinese cloud services and infrastructure provider being spun out of Kingsoft, filed on Friday with the SEC to raise up to $100 million in an initial public offering. ( read original…
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Crypto Market Surges Over $200 Billion As Bitcoin, Ethereum, Ripple’s XRP And Litecoin Soar—Here’s Why
Bitcoin and other major cryptocurrencies are soaring—pushing the combined value of the crypto market back over $200 … ( read original story …)
Crypto Analyst Cautions Investors Against Bitcoin for 3 Key Reasons
Following the release of the Financial Action Task Force (FATF)’s revised guideline on crypto assets on February 22 … up to 65 percent of the Bitcoin network hashpower comes from China, a level … (…
China’s economy contracts for first time on record
China’s economy contracted for the first time since at least 1992 in the first quarter when the coronavirus pandemic halted factories and … ( read original story …)
China Pledges to Support Small-Business Lending
Chinese authorities said they would step up loan subsidies for the country’s virus-hit small-business owners, as Beijing moves to revive the world’s second-largest economy. ( read original story …)
China has been told by the UK that it cannot return to ‘business as usual’ after the coronavirus pandemic
The UK is calling for an investigation into how the coronavirus pandemic started in Chin … ( read original story …)
GSX Techedu Grows Sharply But Faces Post-Pandemic Headwinds
GSX Techedu went public in the U.S. in June 2019. The firm provides online education services to K-12 and professional students in China. GSX has grown sharply … ( read original story …)
(SAVE) Act will make America less dependent on foreign manufacturers like China
My bill, H.R. 6399, the Securing America’s Vaccines for Emergencies (SAVE) Act, ensures that America diversifies its medical supply chain, with the intent of making the United States less dependent on … ( read original…
No ‘Business As Usual’ With China After Covid-19, U.K. Says
U.K. Foreign Secretary Dominic Raab said it could no longer be “business as usual” with China when the coronavirus pandemic is over, the latest sign of hardening attitudes toward Beijing as the crisis … (…
No ‘Business As Usual’ With China After Coronavirus, U.K. Says
U.K. Foreign Secretary Dominic Raab said it could no longer be “business as usual” with China when the coronavirus pandemic is over, the latest sign of hardening attitudes toward Beijing as the crisis … (…
Crypto.com Supported The Economist Intelligence Unit Research on Digital Currencies
What’s interesting is how China and Sweden were already looking at digital currency as potential pillars … About the research Digimentality—Fear and favouring of digital currency is a report from … ( read original story…
China Crypto Insider Releases More Details About PBOC’s Digital Yuan Project
Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the nation’s biggest commercial banks, which is coincidentally state-owned — has … ( read original story…
BRIEF-Beijing Wantai Biological Pharmacy’s Shanghai IPO 2,447.94 Times Oversubscribed
SAYS ITS INITIAL SHANGHAI SHARE OFFERING 2,447.94 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/34F5iYw (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
