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