Arman Shirinyan Justin Sun believes China will ease up on regulations toward cryptocurrencies and let them back Contents China’s complicated relationship with crypto Justin Sun joins Huobi In th...
Tag: China
Tron CEO Believes Crypto Will Return to China, Here’s Why
Arman Shirinyan Justin Sun believes China will ease up on regulations toward cryptocurrencies and let them back Contents China’s complicated relationship with crypto Justin Sun joins Huobi In th...
China’s Xi downplays need for rapid growth, praises Covid achievements
China’s President Xi Jinping kicks off the ruling party’s 20th National Congress — held once every five years — with an opening speech at the Great Hall of the People in Beijing on Oct. 16...
Star Hedge Fund Calls China Stocks Bottom, Says Time to Buy
(Bloomberg) — A top-performing Chinese macro hedge fund said the nation’s stocks rout has run its course, predicting a bull market is around the corner. Most Read from Bloomberg Shanghai Banxia ...
Gloom Grips China Investors Like Never Before Ahead of Congress
(Bloomberg) — Sunday brings a historic moment for Xi Jinping’s political legacy, but investors are far less excited about the prospects of a market turnaround: Chinese stocks have never performe...
China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults
Listen to article (2 minutes) When China Evergrande Group began struggling under a mountain of debt last year, it quietly set off a chain reaction across the country. Chinese authorities prevented a ...
China floats idea of ‘Asian yuan’ to reduce reliance on US dollar
Researchers from a Chinese state-run think tank have floated the idea of an Asia-wide digital currency with the aim of reducing its reliance on a United States dollar-based economy. The views of rese...
Healthcare Stocks Rise On Policy Support, Week In Review
China Last Night KraneShares Week in Review Asian equities were lower this week except for onshore China, which was the only market in the region to end the week in positive territory. The US Bureau o...
China floats pan-Asian digital currency built on blockchain
China-backed researchers have called for establishing a pan-Asian digital currency to end the dominance of the U.S. dollar in the region, South China Morning Post reported on Oct. 13. According to the...
China is no longer just any emerging market
A worker disinfects the Sanlitun shopping complex in Beijing in June as stores in the area were closed for three days after a Covid outbreak. There’s greater caution on China this year, as strin...
China EV Leader BYD Enters India’s Passenger Car Market As Part Of Global Push
BYD is expanding beyond China. BYD BYD, one of the world’s largest EV makers, this week entered India’s passenger car market as part of larger push to more than double its distributor network in the w...
Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The...
Mainland Investors Buy Hong Kong Stocks As Short Selling Continues
China Last Night KraneShares Key News Asian equities were down on light volumes in advance of today’s US CPI print, with Thailand on holiday. The Asia dollar currency index gained as the US dollar sli...
China is watching transactions as its CBDC roll-out gains traction
China’s CBDC, the e-CNY, is seeing massive success according to the country’s central bank, the People’s Bank of China. Launched in 2019 for testing, China’s CBDC roll-out culminated in the official r...
Delta, Walgreens, Applied Materials and others
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – The airline’s stock rose 3.9% in the premarket on the strength of an upbeat current-quarter forecast as travel d...
Weak yen to boost travel; no full rebound without China
After more than two years of strict Covid-19 border controls, Japan reinstated visa-free travel to 68 countries on Tuesday. Maki Nakamura | Digitalvision | Getty Images The Japanese yen’s slump ...
TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China
Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had been granted a one-year exemption from new U.S. restrictions on China’s chip sec...
Will digital yuan replace cash in China? 1
China’s digital yuan pilot test has touched close to a staggering $14 million worth of transactions. The project, still in its pilot phase, has posted such a remarkable figure thanks to its massive pa...
Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs
(Bloomberg) — The Biden administration’s new restrictions on doing business with China are sending shock waves through the global semiconductor industry, with chip-equipment makers girding for p...
Chip Gear-Maker ASML Tells US Employees to Stop Working With Customers in China
(Bloomberg) — ASML Holding NV, the most advanced maker of equipment for producing semiconductors, told its employees in the US to refrain from servicing customers in China following new regulati...
Justin Sun Optimistic View on Crypto Back in China While Addressing Huobi’s Acquisition
Justin Sun is among the top five youngest crypto entrepreneurs Globally. Justin Doubtful on the successful operation of crypto and digital assets in China. Justin Sun, a diplomat and the creator of ...
Mainland Stocks & CNY Stage Mid Day Reversal
China Last Night KraneShares Key News Asian equity markets were mixed as China outperformed. In the words of a Mainland stock broker, it was “an exciting trading day”. Onshore China (Shanghai/Shenzhen...
China’s Demographics: It Gets Worse
Parents push strollers in Wenfeng Park in Fuyang City, Anhui Province. An Xin/Costfoto/Barcroft Media via Getty Images China’s National Bureau of Statistics said the country’s population grew by just ...
China busted 13 Underground Crypto Apps
China regulators have taken down 23 crypto-media websites Approximately, 440 online accounts that were promoting cryptocurrencies have also been taken down OKX is ranked 20th globally by 24-hour trad...
Onshore & Offshore Diverge As Hong Kong Short Interest Rises
China Last Night KraneShares Key News Asian equities were down overnight while the three markets that were closed Monday South Korea, Japan, Malaysia, and Taiwan played catch up to the downside as Chi...
China Starts Easing – Trustnodes
China’s economy has slowed down further, with their General Service Industry Business Activity Index (Service Industry PMI) contracting to 49.3 in September, down 5.7 points from August after three mo...
Rivian announces big recall; Tesla Hits sales record in China: EV roundup
EV (electric vehicle) stocks are on the move today as third quarter earnings season approaches. Here are two big stories that have investors’ attention. Rivian announces a big recall Rivian (RIV...
China rushes to control new Covid cases across the country
Workers in Shanghai’s Changning district put up fencing on Oct. 7, 2022, around a neighborhood lockdown after reports of new Covid cases. Hector Retamal | Afp | Getty Images BEIJING — New Covid ...
China Has Shut 13 Underground Crypto Trading Apps, Here’s More About It
China has shut down many underground cryptocurrency apps. A total of 13 underground trading applications have shut down after putting a ban on them for almost one year. As suggested by reports, China,...
More flights in Asia may cause airfares to fall, but it may take time
Many flights that were canceled during the pandemic are returning to the skies this month. Last week, Singapore Airlines and Scoot announced they’re adding dozens of flights to cities across Asi...