Saturday, October 24, 2020
Tags Sino-US relations

Tag: Sino-US relations

Lufax’s NYSE Listing Could Be Biggest Chinese IPO in the US Since Alibaba’s Debut

Escalating tensions between China and the US have failed to deter Shanghai-based fintech giant Lufax from pursuing a stateside initial public offering...

Meng Wanzhou Incident Highlights Risks Facing Chinese High-net-worth Individuals

By Wade Weems, Chang Liu, and Nan Wang; Kobre & Kim LLP Just like the many Chinese businesses caught...

Over 90% of US Companies in China Intent on Staying: Chamber of Commerce Survey

The vast majority of Chinese and US companies remain intent on continuing to conduct business in each other's countries according to surveys...

Worsening Sino-US Relations Jeopardise Key Belt and Road Projects: Andre Wheeler

Worsening tensions between China and the United States in the wake of the COVID-19 pandemic have the potential to jeopardise key Belt...

Bank of China Report Calls for Shift from SWIFT to CIPS for Cross-border Settlement Due to Concern over US Sanctions

A new report from one of China big state-owned banks has called for a shift towards greater use of the country's own...

China’s State-owned Banks Prepare Themselves for the Impact of US Sanctions

Sources say China's biggest banks are readying contingency plans in case Washington proceeds with a slew of sanctions against them over Beijing's...

US Legislators Unanimously Pass Bill to Sanction Chinese Banks for National Security Law

The US House of Representatives has just unanimously voted for a bill that impose sanctions on banks involved in business with Chinese...

Washington Think Tank Calls for US to Adopt National Industrial Strategy to Counter Chinese Tech Threat

A leading Washington think-tank has called for the US to dial back its long-standing fixation on free markets, and to emulate the...

China Must Innovate Independently to Overcome US Challenge: Chinese Academy of Social Sciences

A senior researcher from a leading state-backed think tank has called for China to step up its innovative capability in order to...

Dada Nexus Makes Nasdaq Debut Despite US Plans to Curb Stateside IPO’s by Chinese Firms

Online Chinese grocery delivery platform Dada Nexus has listed on the Nasdaq exchange amidst calls for greater scrutiny of and curbs...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...