Global investors buy more mainland Chinese stocks

A public screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai, China, on Monday, Feb. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — International investor...

Chinese Tech Giants Cautiously Invest in the Metaverse

The metaverse is arguably one of the biggest trends and buzzwords in the world of tech today, and Chinese technological giants are not sitting on the sidelines to watch the actions unfold. As reported...

Chinese Ride-Sharing Firm Didi Global Reportedly Laying Off Thousands Of Employees

Didi’s logo is displayed in Hangzhou in China’s eastern Zhejiang province. STR/AFP via Getty Images Chinese ride-sharing firm Didi Global is reportedly laying off 20% of its employees, as ...

Chinese NFT project Bored Wukong accused of monkey business

Chinese NFT project Bored Wukong attracted its fair share of bad publicity last week, following plagiarism accusations that started circulating on popular messaging app WeChat, reported South China Mo...

Chinese Broker Futu Gets Singapore Trading Approval

Futu Holdings Limited, a popular online brokerage and wealth management platform based in China, has announced that its Singapore subsidiary, Futu Singapore Pte. Ltd., has obtained approvals-in-princi...

Chinese metaverse to look different than the rest of the world’s

Chinese search provider Baidu had announced a self-developed metaverse last year in December. The year when China took a policy decision to curb all private crypto activities from the country by taggi...

Women’s Tennis Association Still Has ‘Concerns’ Over Peng Shuai’s Wellbeing After She Dismissed Sexual Assault Allegations

Topline The Women’s Tennis Association said Monday it is still concerned about star Chinese player Peng Shuai, who recently called her allegations of sexual assault against a powerful former Chinese g...

U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey

Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, requested the U.S. administration to closely examine the Chinese digital yuan’s rollout during Beijing Winter Olympics. ...

Chinese developers remain mired in debt even after financial lifeline

As millions of Chinese headed home last week to celebrate the Lunar New Year, Michael Lin had to break the bad news to his 7-year-old daughter: she would not be seeing her grandparents in Anhui provin...

McDonald’s celebrate Chinese New Year in the metaverse

American fast-food giant, McDonald’s is celebrating the Chinese Lunar New Year festival by creating a zodiac collection in the Metaverse. According to available information, the fast-food company join...

Starbucks CEO Kevin Johnson on why Chinese sales were weak

Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the ...

McDonald’s Dives in the Metaverse to Celebrate The Chinese New Year

The American fast-food company partnered with Humberto Leon – Co-Founder of fashion brand Opening Ceremony – to create a zodiac collection in the Metaverse. The initiative will honor the Lunar New Yea...

Happy Chinese New Year! Tradition Meets Technology In 2022

China Last Night KraneShares Happy Chinese New Year 2022! Markets are closed across most of Asia as the world celebrates the Year of the Tiger. In place of our usual market commentary, our cultural an...

There Is Only One Winner Of The Winter Olympics 2022

The Winter Olympics 2022 is surrounded by many controversies, and the artificial snow is the least of the concerns. The Chinese government stands accused of perpetrating genocide and crimes against hu...

Chinese food delivery giant joins CBDC efforts

China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services. Meituan users can link the digital yuan wallet to their...

Two best Chinese stocks to keep an eye on

Hundreds of Chinese companies are listed on the markets exchange in the United States. But which Chinese equities should you buy or keep an eye on right now? China is the world’s most populated countr...

Chinese companies boost overseas investment in consumer products, EV supply chain

Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there...

China’s Vaping Queen Sees Fortune Plunge 65% After Chinese Government Probe

Chu Lam Yiu, co-chair of Huabao International. IMAGINECHINA Chinese e-cigarette billionaire Chu Lam Yiu is under investigation from Chinese authorities, causing shares of her company, Hong Kong-listed...

Buy The Dip Survey Shows 61% Of Chinese Bitcoin Investors Still Willing To Bet On Bitcoin

Crypto market participants everywhere are watching the market crash with keen guarded interest. In a recent survey conducted among Chinese crypto investors, the majority of them revealed that they wou...

Chinese investors, Ryan Selkis seem to agree it’s best to buy Bitcoin at this price

As Bitcoin dove into a pool of red yet again – taking many investors’ sentiments with it – El Salvador’s President Nayib Bukele happily announced that he hadn’t missed the dip after all. On the contra...

Will Turkey Seek Chinese Or Korean Fighters If F-16 Request Is Denied?

The Turkish Air Force is paying a heavy price for Ankara’s purchase of Russian S-400 air defense missile systems. It has missed out on the chance to acquire fifth-generation F-35 Lightning II stealth ...

U.S. Cancels 44 Chinese Airline Flights In Retaliation For China’s Suspension Of Service By U.S. Carriers

Topline The U.S. Department of Transportation is suspending 44 flights from the United States to China by four Chinese airlines, it said Friday, in retaliation for Beijing canceling the same number of...

China Raises More Regulatory Hurdles For Alibaba, Other Chinese Tech Giants

TipRanks Another Day, Another Downward Revision for Alibaba Stock There’s a new sport on Wall Street called “lowering the estimates for Alibaba (BABA).” Anyone can participate and it looks like everyo...

DeFi rug pull unearthed by Chinese police worth millions

DeFi crimes have surged in China since December as police have arrested eight people since December  50 million yuan DeFi rug pull scam unearthed by public security bureau of Chizhou  Rug pulls are co...

Chinese Authorities Crack Rug Pull Scam, Arrest 8 Individuals

The public security bureau of Chizhou city in the eastern province of Anhui has frozen six million yuan or nearly $1 million worth of crypto assets and arrested eight people for defrauding its investo...

Chinese police unearth multi-million dollar DeFi rug pull

Beijing’s crackdown on crypto continued with the start of the new year as Chinese police froze nearly 6 million yuan ($1 million) worth of crypto and arrested eight people involved with it.  As per a ...

Chinese semiconductor output surged 33 per cent last year, double the growth rate in 2020

China’s output of integrated circuits (ICs), including those produced by local companies and foreign-owned factories, last year grew at double the rate seen in 2020, according to Chinese governm...

Chinese Developer Bond Rout Deepens on Hidden Debt Concerns

(Bloomberg) — Fresh turmoil rocked Chinese property bonds on Monday on concern over the true scale of the industry’s hidden debts, deepening a selloff among higher-rated firms. Most Read from Bl...

Chinese yuan under pressure from medium-term loans cut: Strategist

Banknotes of Renminbi arranged for photography on July 3 2018 in Hong Kong. S3studio | Getty Images News | Getty Images China’s central bank unexpectedly cut loan rates on Monday — a move that w...

Chinese Law Enforcement Agency Have Reportedly Seized $1.7 Billion Worth of Crypto

Reports emerged indicating that the Chinese officials are keeping a close eye on cryptocurrency activities and are applying innovative strategies to tackle virtual currency money laundering. “An Impor...

Verasity’s Proof of View Passes Examination by Chinese Patent Office

London, United Kingdom, 13th January, 2022, Chainwire Verasity is pleased to announce that its Proof of View technology has passed its examination by the People’s Republic of China National Intellectu...

China: What to know about state-backed BSN’s efforts to create ‘Chinese NFT’ industry

The NFT craze has come to China, but one can hardly see any trace of crypto in it. Over the last few months, Chinese social media and gaming giant Tencent has built an NFT purchase and collection app....