A Shanghai investment group owned by a number of private and state-owned investors is behind China’s deal to take over a chip spin-off from the University of Cambridge, according to corporate ... ( read original story ...)
Ethereum Staking With Lido Finance: The Shanghai Catalyst
Ethereum's Shanghai upgrade in March 2023 will enable withdrawals of Ethereum that has been staked for rewards. Find out what this means for investors in ETH-USD. ( read original story ...)
Gold glitters as central banks stock up
The People's Bank of China, the country's central bank, added 970,000 ounces of gold holdings in December, according to the bank's latest data on Saturday. Its total gold reserves stand at 64.64 ... ( read original story ...)
Shanghai promotes strong green finance goals, pushing low-carbon transformation
Shanghai on Monday issued an action plan on promoting green finance, to push ahead the overall green and low-carbon transformation of economy and society. The action plan sets the ... ( read original story ...)
Xiaomi-Backed China Lidar Firm Hesai Nearing US IPO Filing, Sources Say
Hesai Technology Co., a Chinese developer of sensor technologies used in self-driving cars, is planning to file for an initial public offering in the US that could raise about $150 million, according ... ( read original story ...)
Asian stock markets mixed ahead of US inflation update
Stock markets were mixed Tuesday ahead of a U.S. inflation update that traders hope will encourage the Federal Reserve to ease off plans for more interest rate hikes. Shanghai and Tokyo rose. ( read original story ...)
Alibaba’s Ant Could Be Marching Toward An IPO, CNY’s Remarkable Ghost Rally
Jack Ma’s voting rights in financial technology giant Ant Group were lowered to 6.2% from 53.4%, though he still has a significant economic interest in the company. ( read original story ...)