China Finance

SHENZHEN, China, August 12, 2021– (COMMERCIAL THREAD) – OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced that it has been briefed by its President and CEO and certain other members of its management team of their …

By Divya Chowdhury MUMBAI, Aug.11 (Reuters) – India, the United States and parts of other emerging markets have seen inflows of funds redirected from China as recent regulatory crackdowns in the world’s second-largest economy have spooked investors. markets, according to seasoned investor Mark Mobius. “I would say half the money …

(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 …

A JPMorgan logo is seen in New York, the United States on January 10, 2017. REUTERS / Stephanie Keith / File Photo LONDON, Aug.6 (Reuters) – Wall Street investment banking giant JPMorgan (JPM.N) on Friday obtained regulatory approval from Beijing to become the first foreign owner of a brokerage in …

(Bloomberg) – China’s surprise ban on pineapple imports from Taiwan five months ago has been widely seen as an attempt to undermine President Tsai Ing-wen’s position with a political constituency . Trade data shows the move has produced anything but the desired effect. First-half figures collected by the Taiwan Agriculture …

(Bloomberg) – Asian stocks got off to a cautious start on Wednesday as China’s crackdown on its tech giants and the spread of the Covid-19 delta strain dampened sentiment. Crude oil has retreated. Benchmarks edged down in Japan, where SoftBank Group Corp. fell after a potential blockage of its $ …

(Bloomberg) – US stocks drifted on Tuesday as European stocks tried to hold on to a record high as predominantly positive earnings reports helped offset new concerns over China’s tech crackdown and lower oil prices raw. The S&P 500 was little changed with Ralph Lauren Corp., Gartner Inc. and Eli …

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 …

(Bloomberg) – Six months after being kicked from the New York Stock Exchange, China Telecom Corp. has received regulatory approval for a major share sale in Shanghai that is expected to be the largest in the world to date in 2021. The plan to raise 54.4 billion yuan ($ 8.4 …

BEIJING (Reuters) – CATL, China’s leading manufacturer of electric vehicle (EV) batteries, said on Wednesday it had sued small rival China Lithium Battery Technology Co (CALB) for alleged intellectual property violations. CATL, which supplies Tesla Inc and Volkswagen AG, said in a statement the lawsuit related to batteries made by …