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Tesla Reportedly Borrowing $1.4B From Chinese Banks For Shanghai Factory

Tesla Inc (NASDAQ: TSLA) is taking on a 10-billion-yuan ($1.4 billion) loan from Chinese banks for its Shanghai factory, Reuters 0 read more.....»»

Category: blogSource: benzingaDec 23rd, 2019

JD.Com"s logistics unit taps banks for potential $8-$10 billion IPO: sources

The logistics unit of Chinese e-commerce company JD.com Inc has held early discussions with banks about a potential overseas IPO that could raise $8 billion to $10 billion, two people with direct knowledge of the matter told Reuters......»»

Category: topSource: reutersDec 23rd, 2019

China limits offshore lending to support yuan: Reuters

Chinese authorities moved to shore up the yuan by banning Chinese banks from certain offshore lending activities, according to Reuters, citing sources with direct knowledge of the matter. Banks may no longer deposit and.....»»

Category: topSource: marketwatchAug 16th, 2018

The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world

The US is drafting sanctions on Chinese lenders that facilitate trade with Russia, which is feared to be helping Moscow's war efforts. U.S. Secretary of State Antony Blinken shakes hands with Chinese President Xi Jinping in the .....»»

Category: dealsSource: nytApr 23rd, 2024

The US is weighing using the power of the dollar to stop Chinese banks aiding Russia — but its plan could backfire

The US is drawing up plans to cut Chinese banks off fro the global financial system, according to The Wall Street Journal. A Chinese flag flies near buildings in the central business dis.....»»

Category: smallbizSource: nytApr 23rd, 2024

Chinese EV Contender Xiaomi"s Budget "Tesla Killer" Zooms Past Sales Expectations By 3-5 Times

Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported. read more.....»»

Category: blogSource: benzingaApr 19th, 2024

Central banks aren"t running scared of bitcoin but they want to keep control, says former Bank of England digital guru

Huw van Steenis, senior advisor to the chief executive of UBS, punctures some central bank digital currency myths The Bank of England is looking into launching a "Britcoin." John Sibley/Reuters Central banks are increasingly intere.....»»

Category: worldSource: nytMay 22nd, 2021

Chinese Internet Watchdog Allege Improper User Data Collection By ByteDance, Kuaishou, Baidu, Microsoft: Reuters

read more.....»»

Category: blogSource: benzingaMay 21st, 2021

Bitcoin falls 7% after China reportedly bans banks from cryptocurrency business

Three Chinese industry bodies warned investors about the speculative nature of cryptocurrencies, adding that they "are not supported by real value." Cesc Maymo/Getty Images Bitcoin&.....»»

Category: smallbizSource: nytMay 18th, 2021

China bans banks, payment companies from cryptocurrency business, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 18th, 2021

Nio Backs Lidar Supplier In $64M Funding Round As It Prepares For ET7 Sedan Deliveries

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) was among the backers in lidar company Innovusion’s latest $64 million funding round, Reuters reported Monday. read more.....»»

Category: blogSource: benzingaMay 11th, 2021

Have Chinese State Banks Quietly Bought $180 Billion In Gold?

Have Chinese State Banks Quietly Bought $180 Billion In Gold? By Ye Xie, Bloomberg Live commentator and author Three things we learned last week: 1.....»»

Category: personnelSource: nytApr 18th, 2021

Jack Ma May Be Divesting His Stake In Ant Group, Giving Up Control: Reuters

Ant Group along with Chinese regulators reportedly are working out a way forward for the company and exploring ways for Jack Ma to exit.  read more.....»»

Category: blogSource: benzingaApr 18th, 2021

Charlie Munger"s Daily Journal reveals an Alibaba stake worth $37 million

Warren Buffett's right-hand man is the newspaper publisher's chairman. The Chinese e-commerce group is now its third-biggest holding. Warren Buffett and his business partner, Charlie Munger. REUTERS/Rick Wilking Daily Journa.....»»

Category: worldSource: nytApr 6th, 2021

Tesla On Geely"s Mind As It Launches A High-End EV Line: Reuters

Chinese automaker Geely Automobile Holdings Limited (OTC: GELYF) plans to target rival Tesla Inc. read more.....»»

Category: blogSource: benzingaMar 19th, 2021

Homebound? Chinese EV Makers Nio, Xpeng, Li Auto Mull Listings In Hong Kong: Reuters

U.S.-listed Chinese EV manufacturers could make a beeline to the Hong Kong stock exchange, following in the footsteps of the likes of Alibaba Group Holding Limited (NYSE: BABA) and JD.com, I read more.....»»

Category: blogSource: benzingaMar 9th, 2021

Chinese Banks Are On Big Push To Offer Personal Lines Of Credit

Whitney Tilson’s email to investors sharing a message from his friend who’s been in China for a long time, discussing Chinese banks on a big push to offer a big push to offer personal lines of cre.....»»

Category: worldSource: nytMar 8th, 2021

Boeing seeking new $4B credit facility from banks, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 5th, 2021

Microsoft Allege Email Software Server Hack By Chinese Hackers: Reuters

Microsoft Corp's (NASDAQ: MSFT) email inboxes have been remotely compromised using novel flaws in the mail server software by a China-linked cyber-espionage grou read more.....»»

Category: blogSource: benzingaMar 3rd, 2021

Danone takes step to sell Chinese step amid shareholder pressure, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 28th, 2021