China Financial News

01.04 / 19:37

Ethereum Forecast MARKET Bitcoin Bitcoin & Crypto Try to Reverse Losses, but Short-Term Hurdles Remain While Surveys Send Positive Signs

Major cryptoassets including bitcoin (BTC) and ethereum (ETH) trimmed earlier losses, and traded in positive territory for the past 24 hours Friday afternoon in Europe. Friday’s turnaround followed a sell-off on Thursday, with some analysts saying low volumes and technical resistance ahead could weigh on sentiment.

01.04 / 18:45

Blockchain Stablecoin Adoption National Crypto pundits gather online to discuss innovation and national security

The George Mason University Antonin Scalia Law School National Security Institute hosted a webinar Wednesday, March 30, titled “Crypto and National Security: How to Validate American Innovation and Verify U.S. National Security.” Journalist Laura Shin moderated the discussion. CEO of the Crypto Council for Innovation Sheila Warren, executive director of Coin Center Jerry Brito, and global managing partner and chief strategy officer of risk compliance and monitoring firm K2 Integrity Juan Zarate were participants.

01.04 / 16:24

Provident Cooper Progressive SEC audit U.S.-listed Chinese stocks audit dispute: China regulator tells auditors to consider preparing for inspections

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01.04 / 16:24

MET Baidu U.S.-listed Chinese stocks jump after China reportedly considers sharing company audits

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01.04 / 15:27

Citi Apple GameStop BlackBerry Stocks making the biggest moves premarket: GameStop, Apple, BlackBerry and more

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01.04 / 13:21

Blockchain UPS Provident OneConnect Launches Blockchain Integrated Dual Carbon Innovation Lab

OneConnect Financial Technology Co. Ltd. has announced the launch of the Innovation Laboratory of Carbon Emission Governance Blockchain and Energy Technology (the “Dual Carbon (carbon peaking and carbon neutrality) Innovation Laboratory”).

01.04 / 09:31

Citi Waves Target Manufacturing Citi raises its forecast for China's GDP growth, bringing it closer to the official target

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01.04 / 08:43

Waves Manufacturing Tencent businesses Here's how China's latest Covid lockdowns have affected American businesses in the country

BEIJING — China's worst Covid wave since the initial shock of the pandemic has cut into annual revenue projections for roughly half of American businesses in the country, a survey showed Friday.

01.04 / 08:29

Centre 'The million dollar question': Ukraine war poised to take centre stage at tense EU-China summit

Russia's invasion of Ukraine is set to take centre stage during a virtual high-level meeting between EU and Chinese leaders on Friday, that comes on the heels of months of strained relations.

01.04 / 05:07

Adoption Gold Yuan Bitcoin Reserve VanEck says Bitcoin could hit $4.8M if it became the global reserve asset

American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset.

31.03 / 21:23

Baidu DELL AMD Stocks making the biggest moves midday: Walgreens, AMD, Dell and more

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31.03 / 14:57

Baidu DELL Novavax Stocks making the biggest moves premarket: Walgreens, Baidu, Novavax and others

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31.03 / 14:25

CBDC regulation Federal Reserve US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC

US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals.

31.03 / 10:55

UPS Citi As the pandemic enters its 3rd year, more Chinese people say they'd rather save than spend

BEIJING — Chinese consumers are becoming more cautious than they were near the start of the pandemic, according to a survey by the People's Bank of China released Wednesday.

31.03 / 07:07

UPS Citi Strategy businesses China's zero-Covid policy tests small businesses in a make-or-break it year

BEIJING — While China tries to shake off omicron, the country's zero-Covid policy of swift lockdowns sets small businesses up for a third year of stop-and-start uncertainty.

30.03 / 21:07

Art Adoption NFT Investing 88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs

A whopping 88% of high-net-worth (HNW) traditional art collectors say they are interested in buying digital art in the form of NFTs, a new report on the art market for 2022 has found.

30.03 / 19:17

Mining Bitcoin Bitcoin Miners Set to See a New Difficulty High as 'Tectonic Shifts' Bring 'New Opportunities'

Bitcoin (BTC) mining difficulty seems likely to break another record in a matter of hours, yet again cutting into the decreasing profit margins of miners.

30.03 / 18:09

Technology Law Asia Is China’s apprehension to ban NFTs a hopeful sign for investors?

It’s no secret that China has a clear disdain for all things crypto, as was highlighted last year when the country decided to ban its digital asset industry in its entirety. That said, one niche related to the crypto industry that has continued to thrive in the region despite the ban is its nonfungible token (NFT) market. However, with certain negative developments coming to the forefront recently, this may not be the case much longer.

30.03 / 09:47

UPS advisers Evergrande ropes in advisers to review $2bn cash seizure

A quartet of outside law firms and accountants will help probe how banks ended up taking control of more than $2bn at a key China Evergrande Group subsidiary.

30.03 / 08:21

Ukraine war live: Russian troop withdrawal 'designed to mislead' says Ukraine military

With Russia's war in Ukraine into its second month, there has been movement at peace talks in Turkey.

30.03 / 07:21

UPS Citi Citizens China's rich are moving their money to Singapore. Beijing's crackdown is one of the reasons.

More and more wealthy Chinese are worried about keeping their money on the mainland and some see Singapore as a safe haven.

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