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Month: July 2020

Posted on 15/07/2020

Social media rumors prompt spate of bank runs in China

Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in ... ( read original story ...)

Posted on 15/07/2020

ANALYSIS-SMIC’s Shanghai listing tests if money alone can bring chip dominance to China

China's biggest chipmaker SMIC is set to follow its staggering $6.6 billion share sale with its Shanghai market debut on Thursday, just as Sino-U.S. tension widens the chasm it wants to cross to reach ... ( read original story ...)

Posted on 15/07/2020

Copper eases on U.S.-China tensions, virus-led supply risks

Copper prices eased on Wednesday as heightened U.S.-China tensions and a spike in COVID-19 cases globally fueled doubts about a swift economic recovery. U.S. President Donald Trump ordered an end to ... ( read original story ...)

Posted on 15/07/2020

SMIC’s Shanghai listing tests if money alone can bring chip dominance to China

China's biggest chipmaker SMIC is set to follow its staggering $6.6 billion share sale with its Shanghai market debut on Thursday, just as Sino-U.S. tension widens the chasm it wants to cross to reach ... ( read original story ...)

Posted on 15/07/2020

Hologram AR Technology Companies Scramble To Enter the Trillion-Dollar Market

SHANGHAI, CHINA / ACCESSWIRE / July 15, 2020 / The World Artificial Intelligence Conference (WAIC) 2020 has started in Shanghai, and due to the coVID-19 outbreak, the summit took the form of a cloud ... ( read original story ...)

Posted on 15/07/2020

Trump signed bill to impose financial sanctions related to China

Indices trade generally higher amid the vaccine news released after the US close; Shanghai market lags, CN state fund recently sold shares in BOCOM, Trump signed bill to impose financial sanctions ... ( read original story ...)

Posted on 15/07/2020

A Spate of Bank Runs Breaks Out in China, Fueled by Social Media

(Bloomberg) -- Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors.Just since ... ( read original story ...)

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