China has denied claims that it is discouraging local tech companies from taking foreign investment, despite continued withdrawals by international investors from …
Chinese
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Web3
HERE Technologies and Lotus debut first overseas integrated navigation and highway NOA by a Chinese automaker
by shayaanby shayaanHERE and Lotus bring Highway NOA to global markets with an AI-powered live map For drivers, the cutting-edge solution delivers more consistent …
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Mining
Chinese Automotive Company Cango Announces It Has Sold Part of Its Bitcoin Holdings! Here Are the Details
by shayaanby shayaanChinese car trading platform Cango divested a portion of its crypto assets in a significant transaction in March. According to a company …
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Mining
Founder of a Chinese Bitcoin Mining Company Vehemently Opposed the Latest Proposed Updates to BTC
by shayaanby shayaanWang Chun, co-founder of the crypto mining pool F2Pool, made statements drawing attention to the discussions surrounding Bitcoin protocol updates. Sharing an …
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Finance
Mitchell Green: Companies without earnings face severe risks, Chinese AI firms are underestimated, and SaaS market downturn may be an overreaction
by shayaanby shayaanKey takeaways Companies without earnings or EBITDA face significant risks in the current economic climate. Chinese companies in AI are highly creative …
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Regulation
Chinese regulators push for digital yuan as Hong Kong maintains stablecoin focus
by shayaanby shayaanRegulators in China are pushing for the revision of the People’s Bank of China Law, arguing that the 2003 law cannot keep …
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Regulation
Hong Kong Court Jails Two Mainland Chinese in $17.3M Money Laundering Scheme
by shayaanby shayaanHong Kong court jails two mainland Chinese for laundering HK$17.3M in fraud proceeds. Police link 43 bank accounts to 34 fraud cases …
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Regulation
Chinese Analyst Comments on the Latest Significant SEC Development Seen as Bullish for Cryptocurrencies – What to Expect?
by shayaanby shayaanAnalyst Phyrex Ni has assessed the US Securities and Exchange Commission’s (SEC) recent move regarding stablecoins. The SEC’s Trading and Markets Division’s …
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In brief Anthropic says three Chinese AI labs extracted Claude outputs at scale using fraudulent accounts. The company claims the activity undermines …
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Bank of Communications (BoCom), one of China’s largest banks, has issued a $300 million digital bond in Hong Kong, becoming among the …