Currently, the stocks amount to about $2 trillion in market value. But the leading investment bank has predicted an average growth rate of 13% annually over the next two years for the Prom 10 – ... ( read original story ...)
Shanghai officials warm to stablecoins despite China crypto ban: Report
Shanghai State-owned regulator held a meeting to discuss strategic responses to stablecoins amid growing calls to develop a stablecoin pegged to the Chinese yuan. ( read original story ...)
China stocks flat after touching 9-month high; Hong Kong gains on Goldman upgrade
** In Hong Kong, the benchmark Hang Seng Index closed 0.5% up at 24,485.49, also pulling back from a 4-month high hit during earlier trades. The Chinese H-share index listed in Hong Kong, the Hang ... ( read original story ...)
In big shift, Shanghai regulator mulls policy responses to stablecoins and cryptocurrencies
A Shanghai regulator said it held a meeting this week for local government officials to consider strategic responses to stablecoins and digital currencies - a marked shift in tone for China where ... ( read original story ...)
Contract-Abiding Credit Cards & Usurious Consumers
The Posh China Shop Of Credit CardsIn Hong Kong Shanghai Banking Corporation v Awaz[1] the Supreme Court set aside an order of the National Consumer Dispute Resolution Commission (NCDRC). In ... ( read original story ...)
China IPOs, LP sentiment and ASF: Lessons from Proterra’s decade in pork
Managing partner Rich Gammill explains why African Swine Fever, geopolitics and regulatory realities led to a sale of Riverstone to Shanghai-listed Teamgene – not a public listing. ( read original story ...)
Ports Ask for Delay to Levies on Chinese Cranes
That's the average cost of a Chinese ship-to-shore crane, according to shipping officials, several million dollars less than the cheapest alternatives. The industry is asking for a delay to proposed ... ( read original story ...)