Japanese brands may be falling behind social-media-savvy rivals from China and South Korea that leverage a trend in the Chinese e-commerce market: Products that draw interest on social platforms … ( read original story …)
Tagged By ipo
Ant Group IPO could get back on track if it resolves issues, China’s central bank governor suggests
Ant Group’s IPO, which would have been record setting, was pulled by regulators days before it was due to begin trading in Shanghai and Hong Kong in November. ( read original story …)
Ant Group’s IPO could be revived after ‘problem solved’, hints China’s central bank governor
PBOC governor Yi Gang said there needs to be more international cooperation on regulating fintech, particularly regarding the ownership of consumer data. ( read original story …)
Starbucks’ recovery, solid in China, still slow in the US
Starbucks’ recovery slowed at the end of last year as U.S. coronavirus cases mounted, but the coffee titan says it’s confident its U.S. business will fully recover by March. “I am optimistic, because … (…
Global luxury brands like Omega, De Beers eye China’s retail boom as wealth expands in lower tier cities
Global luxury brands are expanding into lower tier cities in mainland China, as growing wealth powers some of the best performing retail locations for high-end goods in the country. ( read original story …)
How China is tackling fintech risk and regulation
The writer is deputy governor of the People’s Bank of China and heads the State Administration of Foreign Exchange. With the rise of big data, artificial intelligence, blockchai … ( read original story …)
Ant IPO could resume once issues resolved: China’s central bank
Ant Group could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some relief to global investors seeking signs on what the future … ( read…
Kuaishou IPO: how newest millennial billionaires built the biggest rival to China’s TikTok
Kuaishou founders Su Hua and Cheng Yixiao will see their net worth jump above US$7 billion and US$6 billion, respectively, but their app still trails behind the popularity of ByteDance’s Douyin and … ( read…
RockTree Capital Announces Investment and China Partnership With dYdX Decentralized Exchange
RockTree Capital, a merchant bank in Beijing and Shanghai that invests into and advises blockchain projects across North America and … ( read original story …)
Biden’s Commerce pick, Raimondo, voices tough line on China
President Joe Biden’s pick to oversee the Commerce Department has taken a tough line on China in her confirmation hearing … ( read original story …)
HSBC denies taking political stance over China’s crackdown in Hong Kong
Bank’s chief executive, Noel Quinn, claims business not in position to question police requests … ( read original story …)
China bought ‘roughly 200 million gallons’ of U.S. ethanol for H1 2021 – ADM
China has bought “roughly 200 million gallons” of U.S. ethanol for the first half of 2021, matching its previous record for annual imports of the corn-based biofuel, Archer Daniels Midland Co CFO Ray … (…
China’s Digital Yuan And What It Means For Bitcoin
Such drastic steps made the purchase of bitcoin in China close to impossible for investors. However, this act was not merely a blanket ban but rather, preparation for the things to follow. While … (…