Tag
#China
89 articles
China's Bitcoin Crackdown
China's central bank has called for the shutdown of a company that, "was suspected of providing software services for virtual currency transactions". The People's Bank of China also warned institutions not to provide other services related to virtual currency.
11 Jul 2021
Didi Gets Slammed
The shares of Didi Global last traded at about $12, well below their initial price of $16.65 on June 30 - a fall in market capitalisation of about $19 billion.
11 Jul 2021
Bitcoin Crashes Down And Growth Roars Back
Bitcoin tumbled over 10% on Monday, its biggest one-day drop in over a month. The selloff was sparked by the People's Bank of China (PBOC) urging the largest banks and payment companies in China to crack down harder on cryptocurrency trading.
30 Jun 2021
Farfetch's Unconventional Luxury Ride
Farfetch is an online luxury platform that connects consumers with over 1,200 luxury boutiques across the world
30 Jun 2021
Tiger Brokers, Tread Carefully
Tiger Brokers is a Chinese online trading platform and brokerage service that, despite its growth, has been cited for malpractice
30 Jun 2021
Li Ning, In Nike's Footsteps
Li Ning is a Chinese sportswear and sports equipment company that has research and development, design, manufacturing, distribution and retail capabilities, and a network of over 7,000 shops in China
30 Jun 2021
ZhongAn, The Chinese Lemonade
ZhongAn is a Chinese online-only insurance company that started by selling a shipping return insurance to Alibaba and Tmall merchants.
30 Jun 2021
Futu, The Chinese FinTech Leader
Futu Holdings was founded in 2011 and provides online brokerage services in Hong Kong and Mainland China.
30 Jun 2021
China's Tech Play
China’s technology stocks have been pressured by political hurdles as the governing party tries to reign in the power of its own tech giants. As a result, companies such as Alibaba, Baidu and Tencent are trading at historically low multiples and at lower levels than before the pandemic struck.
30 Jun 2021
