Chinese tech firms have long relied on SVB for venture capital funds after traditional US banks turned them away. ( read original story ...)
Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance
Ethereum’s upcoming Shanghai upgrade will allow users to withdraw staked Ether (ETH), increasing the network’s liquidity and competitiveness while also boosting its staking ratio closer to its ... ( read original story ...)
Old Video Of Elon Musk Dancing At Shanghai Event Surfaces Online, Internet Is Amused
The event was held in 2020 at the Tesla Gigafactory in Shanghai, China to celebrate the first deliveries of made-in-China electric vehicles. ( read original story ...)
U Power Proposes Terms For $18 Million U.S. IPO
the various risks of PRC-focused operations combined with the excessive valuation at IPO led me to pass on the IPO. Shanghai, China-based U Power Limited was founded to originally broker automobiles ... ( read original story ...)
SVB Financial’s JV with China-based bank unaffected by meltdown – report
SVB Financial Group's (NASDAQ:SIVB) joint venture with Shanghai Pudong Development Bank will not be adversely affected by the ladder's ongoing crisis, Bloomberg reported Friday, citing the ... ( read original story ...)
Analysis:China’s debt-laden local governments pose challenges to economic growth, financial system
China's push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 ... ( read original story ...)
Global volunteers come together to bake and learn with special needs students in Shanghai
Volunteers and students from Huangpu Special Education Vocational School pose for a group photo after a charity baking class on Friday. Monica Gabriela De Paúl Sales from El Salvador in Central ... ( read original story ...)