China

Metaverse

University in China Launches First Metaverse Major: Report

Nanjing University of Information Science & Technology in China is launching the first metaverse major in the country, according to the local media reports.

Tim FriesSep 26, 20223 min read

FinTech

China to Expand Trials of e-CNY by Bringing it to Over 360M New Users

The People’s Bank of China is planning to expand trials of e-CNY in its most populous provinces “at a proper time.”

Tim FriesSep 20, 20222 min read

Market Analysis

Cathie Wood’s ARK Buys the Dip with $40M Nvidia Buy, Sells Tesla Holdings

Cathie Wood’s ARK has added $40 million worth of Nvidia shares in three of the company’s funds.

Ruholamin HaqshanasSep 2, 20223 min read

Policy

Chinese Companies on US Exchanges Face 50% Risk of Delisting Despite Deal

There is a 50% chance of Chinese stocks getting de-listed from US markets, according to Goldman Sachs.

Tim FriesAug 29, 20225 min read

Best Stocks

Historic Agreement Between China, U.S. Could Prevent Stock Delisting

The U.S. and China have reached a landmark preliminary agreement that could prevent nearly 200 Chinese companies from being delisted from the U.S. stock exchanges.

Tim FriesAug 26, 20223 min read

Policy

Taiwan’s New Ministry of Digital Affairs to Focus on Web3 Technologies

Taiwan's Ministry of Digital Affairs will launch on August 27 and focus on web 3 and information security.

Ruholamin HaqshanasAug 26, 20223 min read

Market Analysis

China to Give $29.3B in Loans to Stressed Housing Market: Beijing’s Biggest Commitment

China is looking to offer $29.3 billion in special loans to complete unfinished housing projects, marking a landmark financial commitment to curb the ongoing property crisis.

Tim FriesAug 22, 20223 min read

Market Analysis

Oil Prices Fall as China Cuts Policy Rates by 10 BPS

Crude oil prices plunged to their lowest level in several months after China released weaker-than-expected economic data and announced an unexpected interest rate cut.

Tim FriesAug 15, 20223 min read

Crypto

Beijing Plans for a $7.5B Virtual Humans Industry Using Web3 By 2025

The city of Beijing is planning to create a $7.5 billion virtual human industry by 2025 through the use of Web3 technology.

Tim FriesAug 8, 20223 min read

Crypto

Digital Yuan Loans Can Help China Monitor Businesses in Real Time

Suzhou is the latest Chinese city to offer digital yuan loans to businesses, following the footprints of Shaanxi Province and the city of Guangzhou.

Ruholamin HaqshanasAug 4, 20223 min read

Market Analysis

SMIC, China’s Largest Chipmaker, Gains 7.4% Amid Pelosi’s Taiwan Visit

Chinese semiconductor stocks surged higher in the past two days, boosted by growing U.S.-Sino tensions following Nancy Pelosi's visit to Taiwan.

Tim FriesAug 4, 20223 min read

Policy

Wuhan Locks Down 1M People as China’s Economy Remains Uncertain

Chinese authorities introduced lockdown measures in a major district in Wuhan, with a population of nearly 1 million people.

Tim FriesJul 27, 20223 min read