The China Securities Regulatory Commission (CSRC) recently announced rules for domestic companies considering overseas IPOs. According to people familiar with the matter, Chinese cloud service provide...
Tag: Shenzhen
Tool Maker’s IPO Mints China’s Latest Billionaire
A woman walks down a flight of stairs at the Shenzhen Stock Exchange in 2019. Photographer: Qilai … [+] Shen/Bloomberg © 2019 Bloomberg Finance LP Today’s listing at the Shenzhen Stock Exchange ...
BYD Shares End Week Lower As Berkshire Hathaway Sells Again, China EV Subsidies Cut
Warren Buffett’s Berkshire Hathaway has trimmed its stake in China EV maker five times in the past … [+] three months, according to Hong Kong Stock Exchange filings. (Photo by Dimitrios Ka...
Dtech IPO In Shenzhen Mints New China Billionaire Couple
A man walks by the gate of the Shenzhen Stock Exchange in 2020. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Tuesday’s listing by Guangdong Dtech at the Shenzhen Stock Exchange has minted ...
Taxes, Inequality And Unemployment Will Weigh On China After Party Congress
Russian President Vladimir Putin, left, speaks to China President Xi Jinping during the Shanghai … [+] Cooperation Organization summit last Friday. (Sergei Bobylev, Sputnik, Kremlin Pool Photo v...
China Adds A New Energy Storage Billionaire
Shenzhen Hello Power went public at the Shenzhen Stock Exchange today. (Photo by VCG/VCG via Getty … [+] Images) VCG via Getty Images China, home to the world’s largest number of billionaires af...
Best hotels for business travelers in Asia-Pacific
Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data...
China Adds Two New Tech Billionaires As IPOs Soar
The Shenzhen Stock Exchange is one of the world’s largest bourses. (Photo by VCG/VCG via Getty … [+] Images) VCG via Getty Images Two listings by China technology businesses added new memb...
De Rucci Healthy Sleep Mints Two Furniture Billionaires
Shenzhen, located over the mainland China board with Hong Kong, is home to Asia’s busiest bourses … [+] for IPOs. (AP Photo/Ng Han Guan) ASSOCIATED PRESS It was a down year for billionaire...
Helicopter CBDC money rains on Shenzhen, May 26—June 1
China’s pandemic-hit economy needs all the help it can get after a surge in COVID-19 infections triggered mass lockdowns across the country. In an attempt to revive consumption, the southern city of S...
China Uses CBDC To Show Its Big Panda Paw With A Shenzhen e-CNY Lottery.
With another wave of the COVID-19 pandemic leading to new lockdown measures, the Chinese economy has witnessed a hit in recent months. Beijing has delivered the policy support. Now, the Chinese gover...
$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending
The use of China’s Central Bank Digital Currency (CBDC) is currently being boosted by the city of Shenzhen, according to reports that the authority has airdropped 30 million Digital Yuan (e-CNY) to it...
China to Airdrop $4.5 Million in e-CNY to Shenzhen Residents to Bolster Local Economy
The Chinese authorities will reportedly give away 30 million yuan ($4.5 million) in e-CNY to Shenzhen’s residents on Monday in a bid to boost its pandemic-hit economy. The latest endeavor has also sho...
City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending
According to local news outlet Shanghai Securities News, the city of Shenzhen will airdrop 30 million digital Chinese yuan (e-CNY) to local residents in an attempt to revitalize consumer spending. Th...
Profit Falls At World’s Largest EV Battery Maker CATL Even As Sales Soar 136% In First Quarter
Solar panels stand in front of Contemporary Amperex Technology’s headquarters building in China in … [+] 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomberg Finance LP Rising global ...
China Distributes $2.3 Million Worth of Digital Yuan to Shenzhen Citizens: Report
The Chinese authorities will reportedly give away 15 million yuan ($2.3 million) in e-CNY to the residents of Shenzhen’s Futian district. The move aims to boost the adoption of China’s CBDC and promot...
Shenzhen Residents to Receive 15 Million Yuan in Digital Currency – Featured Bitcoin News
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no ...
Trade flows between Shenzhen and Russia thin by nearly a third as freight forwarders bemoan Ukraine uncertainties
Freight shipments from Shenzhen to Russia have shrunk by nearly a third since Moscow began its invasion of Ukraine, according to freight forwarders in the southern tech hub who provide logistics servi...
Chinese shares plunge as Shenzhen goes into lockdown – live updates
Shenzhen – Daniel Berehulak/Getty Images 08:17 AM Why Shenzhen matters The lockdown of Shenzhen is a big deal: the city is a major producer of electronic and automotive components, so prolonged ...