Category: FINANCE

The head of Shanghai’s Financial Service Office has called for the legal regulation of blockchain technology the city looks to take the lead in the financial technology sector in China. Shanghai is aiming to become the leader in the blockchain technology ... ( read original story ...)

The collapse of a highly leveraged, 3 billion yuan (US$436 million) takeover bid for a Shanghai-listed animation company this month shone a spotlight on a shadowy corner of China’s stock market that is worrying the authorities in Beijing. The bidding ... ( read original story ...)

Perfect Corp. is excited to announce that Watsons Flagship store in Shanghai has launched Consultation Mode from its successful virtual beauty app YouCam Makeup. Customers are invited to use the makeover kiosk to try on over 30 different products from ... ( read original story ...)

China Rapid Finance, a Shanghai-based peer-to-peer lender ... The company, which raised $20 million at a pre-money valuation of $1 billion in November, could hold the IPO as soon as this year, the people said, asking not to be identified because the ... ( read original story ...)

The $25 billion record IPO of e-commerce giant Alibaba in New York in 2014 was ... While there are almost 400 tech companies listed in Shenzhen and Shanghai, the vast majority are small firms, with an average valuation of $1.9 billion, dwarfed by the ... ( read original story ...)

China Rapid Finance, a Shanghai-based peer-to-peer lender ... The company, which raised $20 million at a pre-money valuation of $1 billion in November, could hold the IPO as soon as this year, the people said, asking not to be identified because the ... ( read original story ...)

SHANGHAI: Strolling a tree-lined Shanghai street with friends ... Meitu, which means “pretty picture”, launched a Hong Kong IPO in December that valued the company at $4.6 billion at the time, despite consistently posting losses. ( read original story ...)