The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai. Shanghai’s New World City and New World Daimaru Department Store ... ( read original story ...)
China’s low GDP target gives Beijing room to address market risks
Mainland Chinese stocks have tumbled as authorities signaled a shift away from policies meant to keep the economy afloat in the wake of the pandemic. ( read original story ...)
Shanghai authorities and KFC strengthen management for ‘food bank’ after grabbing chaos
A KFC staff gives food to resdients queuing up at a KFC "food bank" in Yangpu district, Shanghai. A video showing a crowd of people grabbing food from a "food bank" set up by a Kentucky Fried Chicken ... ( read original story ...)
China Mulls Stricter IPO Regulations For Shanghai’s STAR Board
Companies looking to file publicly on Shanghai’s STAR board could face stricter rules by China regulators that would require them to prove their techn chops. ( read original story ...)
Chinese Bike-Sharing Startup Hello Files US IPO
Bike-sharing startup Hello Inc., formerly known as HelloBike, has confidentially filed for an initial public offering (IPO) in the U.S. ( read original story ...)
China Weighs Tighter Rules on STAR Board IPOs, Fintech Curbs
China is considering tighter rules for first-time share sales on Shanghai’s Nasdaq-style STAR board that will require firms to prove their technology credentials and raise the bar for companies such ... ( read original story ...)
China Weighs Tighter Rules for STAR Board IPOs, Curbing Fintech
The Shanghai bourse said last month that in a recent attempt to conduct on-site check of nine companies seeking IPOs on the STAR market, seven of them decided to withdraw the applications after ... ( read original story ...)