Exchanges suffer as Chinese users chase DeFi revenue

2020-09-08

  Demand for DeFi appears to be growing in China, although the recent sell-off quickly wiped out the $2 billion total value locked up in the decentralized finance (DeFi) space. Daily searches for “DeFi” on WeChat, China’s popular social media platform, soared to an all-time high of nearly 900,000 onRead More →

Nasdaq cracks down on IPOs of small Chinese companies By Reuters

2019-09-29

By Echo Wang and Joshua Franklin (Reuters) – Nasdaq Inc (O:) is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers. Nasdaq’s attempt to limit these stock market flotations comes asRead More →

U.S. Treasury says no plans to block Chinese listings ‘at this time’: Bloomberg By Reuters

2019-09-28

(Reuters) – The United States does not currently plan to stop Chinese companies from listing on U.S. exchanges, Bloomberg reported on Saturday, citing a U.S. Treasury official. “The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time,” Bloomberg quoted https://bloom.bg/2obHkDb Treasury spokeswomanRead More →

Chinese stocks pulled lower by pharma, tech losses

2019-09-22

Hong Kong’s Hang Seng Index saw an opening advance quickly fade on Monday, led by AAC Technologies as it extended last week’s losses with a 3.2% drop in morning trading. The Hang Seng HSI, -0.86% recently was off 0.8%. Chinese pharma stocks contributed to the early losses with Sino BiopharmaceuticalRead More →