China’s technology focused Star board may be just over a year old, but it already ranks among the world’s top three initial public offering venues. ( read original story …)
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US-China tensions rise over TikTok; markets eye manufacturing reports – business live
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China stocks rise as expanding factory activity boosts recovery hopes
Chinese shares rose on Monday as new data underscoring strong growth in factory activity bolstered hopes that China’s economy has bounced back faster than expected from the shock of the coronavirus … ( read original…
US small business bailout money flowed to Chinese-owned companies, analysis shows
Millions of dollars of U.S. taxpayer money have flowed to China from the $660 billion Paycheck Protection Program that was created in March to be a lifeline for struggling small businesses in the … (…
Goldman, BofA Left Off Ant IPO for Work With Alibaba Rivals
Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people ……
China’s manufacturing activity surges in July
A private gauge of China’s manufacturing activity rose in July to its highest level in more than nine years, boosted by accelerated production … ( read original story …)
Goldman, BofA Left Off Ant IPO on Working With Rivals
Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people ……
China factory activity expands at fastest pace in nearly a decade-Caixin PMI
China’s factory activity expanded at the fastest pace in nearly a decade in July as domestic demand continued to improve after the coronavirus crisis, though export orders and employment remained weak … ( read original…
Goldman, BofA Left Off Ant IPO After Working for Alibaba Rivals
Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people ……
‘China rocks!’ — the U.S., not so much, according to Elon Musk
China has been taking a lot of heat on the global stage these days, particularly in the U.S., where unfavorability toward the country is at its highest … ( read original story …)
Tencent Builds Blockchain Platform for China’s Oldest Wine Producer
Chinese tech giant Tencent has revealed its plan for creating a blockchain-based wine traceability platform in collaboration with Changyu, China’s biggest and oldest wine producer, according to local … ( read original story …)
U.S. Small Business Bailout Money Flowed to Chinese-Owned Companies
Millions of dollars of Paycheck Protection Program loans went to China-backed businesses in sensitive sectors, a study found. ( read original story …)
TikTok owner discussing China IPO – sources
Short-video sharing could be worth 100 billion dollars or more. Reuters sources say that is the valuation TikTok owner ByteDance has in mind just for its Chinese operations as it mulls how to sell ……
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