China’s embattled HNA Group is looking for private investors to help it emerge from bankruptcy, a person with knowledge of the matter said, but bankers and analysts say restructuring may be … ( read original…
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Ex-Googler turns virtual gifts into a $61 billion business
Kuaishou Technology has become the biggest live-streaming platform for virtual gifts, with more paying monthly users than any other in the world … ( read original story …)
Why China’s tech theme is gaining popularity
Why China’s tech theme is gaining popularity On January 20, Jack Ma, CEO of Alibaba Group , resurfaced after four months of public … ( read original story …)
Worker Deaths Put Big Tech in China Under Scrutiny
The deaths of two young employees of Pinduoduo, an e-commerce platform, have reignited longstanding concerns about working conditions at internet giants. ( read original story …)
China stocks could pull back as investors are complacent in their policy expectations, strategist says
Investors are factoring in easy policy ahead in China despite authorities “explicitly” signaling a move toward normalization, warns BCA Research’s Jing Sima. ( read original story …)
Bitcoin Association appoints first China-based technical outreach specialist to increase enterprise awareness of Bitcoin SV
Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces that it has appointed Aaron Zhou as its first … ( read original story …)
Why Focusing on Gen Z Is A Matter Of Survival For Luxury Brands
Many luxury brands are reluctant to shift their focus to Gen Z. But underestimating the importance of young consumers can put their future in peril. ( read original story …)
AIA, China Strategic Among Bidders for BEA Life Insurer
Hong Kong insurance giant AIA Group Ltd. and China Strategic Holdings Ltd., an investment firm backed by billionaire Henry Cheng, are among final bidders for Bank of East Asia Ltd.’s life insurance … ( read…
IPOs in Asia-Pacific markets remain strong amid pandemic, says EY
Initial public offers (IPOs) in Asia-Pacific markets remained stronger in 2020, with industrials leading the sectors followed by technology and materials, according to EY. ( read original story …)
Blockchain trends in 2021: recovery anchored by trust
The Covid-19 pandemic has completely transformed the way we live, work and interact with one another. Across the globe, more and more day-to-day activities are taking place online, further … ( read original story …)
China’s Manufacturing Sector Growth Moderates In January
China’s manufacturing sector expanded at the slowest pace in seven months in January amid a slowdown in output and new orders growth, … ( read original story …)
China’s embattled HNA Group unit shares slump as creditors seek bankruptcy
Shares in listed companies linked to China’s HNA Group slumped on Monday, after the troubled conglomerate disclosed that its creditors had applied for its bankruptcy and that nearly $10 billion had … ( read original…
China manufacturing growth weakens in January
BEIJING — China’s manufacturing growth weakened in January, according to two surveys, suggesting its rebound from the coronavirus pandemic is leveling off. A purchasing managers’ index released Monday … ( read original story …)