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Thursday, November 26, 2020
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Tag: XIaomi

Xiaomi Plans to Raise $3bn Via Chinese Depository Receipts

Smartphone giant Xiaomi plans to use Chinese Depository Receipts (CDR's) to raise nearly a third of its USD$10 billion IPO in mainland China according...

Xiaomi Will Be First Company to Issue Chinese Depository Receipts: Domestic Media

A new report claims that smartphone giant Xiaomi could become the first enterprise listed outside of mainland China to issue Chinese Depository Receipts (CDR)...

China’s Smartphone Shipments Post Historic Drop in Q1 2018

The latest official data points to a sharp drop in smartphone shipments in the first three months of 2018, as the Chinese domestic market...

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Structured Deposits of Chinese Banks See Record Drop of over 1 Trillion Yuan in October

Structured deposits at Chinese banks have posted a record monthly drop for 2020 in October after rising to unprecedented levels earlier in...

Ningbo Launches Trials of Blockchain-driven Insurance Claims System

The Zhejiang-province port city of Ningbo has kicked off trials for the use of blockchain technology to automate the processing of insurance...

PBOC Steps up Pressure on Chinese Payments Platforms with Doubling of Penalty Amounts

The Chinese central bank has heightened its scrutiny of the payments sector with a sharp increase in the value of penalties imposed...

China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...