China Finance

China’s summer of stock market turmoil: a timeline

(Bloomberg) – The overhaul of tutoring companies in China has triggered a few volatile weeks for both onshore and Hong Kong stock markets, leaving investors on edge. After heavy losses, traders are looking for what regulators might target next as Beijing tightens its grip on a range of sectors from …

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BIT Mining announces the abolition of the VIE structure and the sale of the Chinese lottery business

HONG KONG, China, July 23, 2021 / PRNewswire / – BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or “the Company”), a leading cryptocurrency mining company, today announced its decision to eliminate its structure from variable interest entity (“VIE”) and sell its Chinese lottery-related activities for nil consideration. BIT Mining’s consolidated …

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Chinese Tocilizumab Market Investigation Report 2021-2025

DUBLIN, July 20, 2021– (COMMERCIAL THREAD)–The “Chinese Tocilizumab Market Investigation Report 2021-2025” report was added to ResearchAndMarkets.com offer. The trade name of Tocilizumab is ACTEMRA, which was developed by Roche Pharma (Switzerland) AG. In 2013, its product was first approved in China and its indication is RA. Tocilizumab was approved …

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China’s crypto crackdown sparks mining exodus

The cryptocurrency industry in China was hit harder today, with Anhui Province announcing it would shut down all crypto mining operations due to energy consumption issues. The eastern Chinese province will shut down energy-intensive projects as part of a package of changes aimed at addressing an electricity shortage. Cryptocurrency prices …

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China warns Japan against defending Taiwan

The Chinese Communist Party warns Japan that it will “dig its own grave” if the country sides with the United States in defending Taiwan in the event of an invasion – adding that Japan is “powerless against the Chinese military” . “Japan does not dare to face China alone. If …

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China blocks Didi from app stores days after its US IPO

(Bloomberg) – China’s cyberspace regulator has ordered app stores to remove Didi Chuxing, dealing a blow to a transport giant that just a few days ago pulled off one of the biggest initial public offerings in the world. United States of the last decade. China’s Cyberspace Administration announced the ban …

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Elon Musk in hot water for a Chinese tweet

Critics have denounced Elon Musk for tweeting his support for China on the anniversary of the country’s communist regime (Source: AAP / Twitter / Getty) Tesla CEO and billionaire Elon Musk caused a stir on Twitter after he tweeted his support for the nation on the 100th anniversary of his …

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TCR-China bill delayed in US House amid partisan bickering

(Repeat for additional customers) WASHINGTON, July 2 (Reuters) – The U.S. House of Representatives Committee on Foreign Affairs will resume work later this month on Democrat-led legislation aimed at boosting competitiveness with China and pushing Beijing over rights of man, after two days of debate on the measure. A spokesperson …

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Live Markets, Monday June 28, 2021

Asian markets appear poised to trade cautiously as they open Monday as investors assess the pace of the economic recovery. Futures were little changed in Australia, Japan and Hong Kong. Australian actions will be closely watched after Sydney enters a two-week lockdown to stem a Covid-19 resurgence. The S & …

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More opportunities to study for specialized financial skills

William Kelly, managing director of the Chartered Alternative Investment Analyst Association, says retail investors are sparking new interest in qualifications in alternative asset classes, such as private equity, as low interest rates and markets fleeing stock markets that limit returns on stocks and bonds. Kelly says a U.S. government move …

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Long-term planning is key to China’s continued growth

BEIJING, June 16, 2021 / PRNewswire / – Speaking days before the Earth Day climate change summit in April, the US Secretary of State Antoine Blinken recognized that the United States had fallen behind China in developing the technology needed to combat climate change. CGTN: Long-term planning is key to …

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CF Energy received a credit facility from China Everbright Bank

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) – CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading new energy service provider in the People’s Republic of China (the “PRC” or “China” ), is pleased to announce that one of the Company’s wholly-owned …

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China’s gas pivot fuels LNG demand support

The global economic recovery is gradually taking shape as the spread of the coronavirus slows in most countries due to summer weather conditions and rapid vaccination in industrialized countries. China was the first country to enter lockdown in February 2020 and also the first to restart the economy. Rapid economic …

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Why China needs Australian iron ore for years to come

China is looking to buy iron ore outside of Australia. But how is it really going to play out? (Source: Getty) Former Treasurer Wayne Swan and Antipodes Partners Portfolio Manager Sunny Bangia will discuss China’s growth and investment opportunities at , 10:00 am AEST. Submit your questions . A “winter …

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Splash Beverage Group (SBEV) secures the distribution of all its brands in China, the world’s largest market for alcoholic beverages

Copa Di Vino wines and Pupoloco sangria to serve China’s $ 55 billion wine market Fort Lauderdale, Florida – (Newsfile Corp. – June 7, 2021) – Splash Drinks Group, Inc. (OTCQB: SBEV) (“Splash” or the “Company”), a holding company comprising a portfolio of leading beverage brands, today announced the signing …

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The G7 tax deal is a game-changing opportunity

For four decades, global corporate tax rates fell in an international “race to the bottom”, allowing large multinationals to reduce their burden by channeling their profits to low-tax jurisdictions. This weekend’s deal between G7 finance ministers offers a revolutionary opportunity to reverse that process – and ensure that businesses are …

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China tech crackdown cools Hong Kong IPO market

(Bloomberg) – New listings in Hong Kong have fallen to their lowest level since the aftermath of the global financial crisis, as weakening markets and China’s crackdown on its biggest tech companies dampen sentiment. So far, just seven companies have gone public in the second quarter – on track at …

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Ethereum’s Latest Price: Vechain Cryptocurrency Sees Prices Rise Nearly 2,000% | City & Business | Finance

The ruling Chinese Communist Party is notoriously suspicious of technologies and organizations beyond its control, hence its recent crackdown on bitcoin and other major cryptocurrencies. However, one cryptocurrency project that enjoys Beijing backing is Vechain (VET), a nationally developed decentralized financial operation that is similar to the Ethereum blockchain network. …

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China launches copyright protection blockchain

The China Copyright Society (CSC), a government-linked public institution under the National Copyright Administration of China, launched the Chinese Copyright Channel on Tuesday. The new blockchain can document proof of digital assets, monitor counterfeiting activity, collect online evidence, issue notices to remove pirated products, and help courts resolve copyright disputes …

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Chinafy now available on Microsoft Azure Marketplace

HONG KONG, June 3, 2021 / PRNewswire / – Azure, Microsoft’s public cloud platform division officially listed Chinafy as an ISV on the Microsoft Azure Marketplace today. Chinafy is a SaaS platform that optimizes offshore websites to achieve faster onshore web performance in China. This partnership will allow Azure customers …

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Global trade finance market anticipating strong momentum at a

Dallas, May 26, 2021 (GLOBE NEWSWIRE) – Trade finance plays a crucial role in bridging gaps in trade cycle finance processes between importing and exporting parties to ensure risk management in business transactions. According to Orbis Research’s latest business intelligence report, the trade finance market is likely to start off …

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Transactions related to the share buyback program

Bloomberg China’s first global commodity boom warning sign flashes (Bloomberg) – One of the mainstays of this year’s meteoric commodities rally – Chinese demand – could be faltering. Beijing has successfully recovered from the pandemic economy in large part thanks to a credit expansion and a market boom. construction aided …

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Member of the European Parliament Maximilian Krah

Berlin, Germany, May 22, 2021 (GLOBE NEWSWIRE) – Maximilian Krah, member of the German Alternative for Germany in the European Parliament and vice-chairman of the China-EU Friendship Group, recently announced his take on the Tibet through a video on the occasion of the 70th anniversary of the creation of the …

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Lawmakers reintroduce bill to fund 5G projects in 22 European countries

Written by Dave Nyczepir May 21, 2021 | FEDSCOOP House lawmakers have reintroduced legislation that would allow the federal agency responsible for funding private development projects abroad to fund 5G infrastructure development in 22 Central and Eastern European countries. Under the Transatlantic Telecommunications Security Act, the US Development Finance Corporation …

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China Construction Machinery City: Changsha Holding CICEE

CHANGSHA, China, May 21, 2021 / PRNewswire / – From May 19 to 22 (GMT + 8), the Changsha International Construction Equipment Exhibition 2021 (CICEE), with the theme of “intelligent new generation of construction machinery”, is held at Changsha, the provincial capital of Hunan located in the center China. CICEE …

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The National Silk Museum of China shares its cycle of cultural heritage conservation for the first time at the 19th ICOM-CC Triennial Conference

HANGZHOU, China, May 20, 2021 / PRNewswire / – The 19th Triennial Conference of the International Council of Museums – Conservation Committee (ICOM-CC) is virtually detained this year from May 17-21 in Beijing. In line with this year’s theme “Transcending Boundaries: Integrated Approaches to Conservation”, Dr Zhao Feng, Director of …

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Asian commodity-linked stocks slide as China pushes prices down

(Bloomberg) – Commodity-related companies led Asian equities lower for a second day amid growing global concerns about inflation and the Chinese government’s rumblings over rising materials prices. Australian miner BHP Group Ltd. and Korean steelmaker Posco were among the biggest drag on the MSCI Asia Pacific index on Thursday. Energy …

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Burberry reinstates dividend as revenues begin to recover

Burberry restored its dividend to pre-pandemic levels as the British luxury group said revenues were starting to rebound, albeit more slowly than among its biggest competitors. The brand, famous for its iconic tartan checks and trench coat, highlighted a “strong recovery” in the second half of the year, in Thursday’s …

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Antengene announces IND approval in China for global Phase III trial of Selinexor in advanced or recurrent endometrial cancer

SHANGHAI and HONG KONG, May 13, 2021 / PRNewswire / – Antengene Corporation Limited (“Antengene”, SEHK: 6996.HK), a leading innovative biopharmaceutical company dedicated to the discovery, development and commercialization of world-class and / or first-rate therapeutics in Hematology and Oncology, today announced that From China The National Medical Products Administration …

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China weighs in on new economic envoy to US

Beijing plans to replace Deputy Prime Minister Liu He as its chief economic envoy to Washington, officials with knowledge of the matter say, a move that officials in the Biden administration say will indicate the depth of interest in the China for economic cooperation. In this scenario, these officials said, …

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