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Changshu, a Chinese city, intends to use digital yuan to pay employees.
According to local media, a city in eastern China intends to pay its public sector personnel only with digital currency. According to the...
Flexi Group
Apr 25, 20232 min read
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China's largest fund manager ups its tech investments from Meituan to TSMC due to AI growth
The largest fund manager in China increased his purchases of technology stocks in the first quarter, from Meituan to Taiwan Semiconductor...
Flexi Group
Apr 21, 20232 min read
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In response to US trade sanctions, Huawei switches to the self-developed MetaERP system
Huawei Technologies Co., a leader in Chinese telecoms equipment, announced that it has converted to its own enterprise resource planning...
Flexi Group
Apr 20, 20233 min read
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ZA Bank in Hong Kong provides crypto conversions and accounts in the city's push
The largest virtual bank in Hong Kong is pushing into fiat and crypto currency transfers and will offer account services to the city's...
Flexi Group
Apr 12, 20232 min read
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Analysts predict that China's real estate market would rebound slowly and unevenly
The housing market in China appears to be turning around, but analysts predict that the rebound will be uneven and slow due to income...
Flexi Group
Apr 10, 20232 min read
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Mainland China in retaliation for Tsai Ing-wen's visit - penalties on US and Taiwanese entities
Mainland Sanctions have been imposed by China in retaliation against two US organizations and their senior executives who received...
Flexi Group
Apr 7, 20232 min read
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India-made iPhone sales increase as Apple shifts production out of China.
In order to diversify its supply chain, Apple sought to move some production away from China last year, which resulted in a jump in...
Flexi Group
Apr 6, 20232 min read
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To reach net-zero, Chinese enterprises must increase supply chain emissions disclosures
According to asset managers, Chinese companies must increase their disclosure of carbon emissions, particularly along their value and...
Flexi Group
Apr 5, 20233 min read
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Several creditors support Evergrande's plan to restructure its US$19 billion offshore debt.
According to a filing on Monday evening, debt-stricken Chinese real estate developer Evergrande declared that it had hit "a...
Flexi Group
Apr 4, 20232 min read
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China's Micron inquiry boosts domestic chip makers as investors bet on state support
Chinese chip stocks rose after China opened an investigation into US chipmaker Micron, as investors believed the country's effort to...
Flexi Group
Apr 3, 20232 min read
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Tencent and Kweichow Moutai among top Chinese fund managers stock choices after the market reopening
As the end of Covid-19 restrictions promised to revive household spending and sell-offs last year made equities more appealing, China's...
Flexi Group
Mar 31, 20232 min read
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Amidst the global economic recovery, Premier Li Qiang presents China as the centre of growth
Chinese Premier Li Qiang promised new measures to re-connect the country's recovering economy with the rest of the world on Thursday...
Flexi Group
Mar 30, 20233 min read
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Alibaba to divide the largest tech company in China into six units
The largest technology company in China, Alibaba Group Holding, will reorganize its expansive $257 billion empire as part of the largest...
Flexi Group
Mar 29, 20233 min read
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OKX will apply for a virtual asset licence in Hong Kong as the city revises its regulations
OKX, a cryptocurrency exchange, announced plans to apply for a virtual assets trading licence in Hong Kong, the latest indication of the...
Flexi Group
Mar 29, 20232 min read
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Ex-Binance chief compliance officer accused of helping CFTC rule violations
The Commodities Futures Trading Commission (CFTC) sued Binance and its founder with illegally running an exchange for digital assets....
Flexi Group
Mar 28, 20232 min read
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After a $17 billion writedown on Credit Suisse bonds, Asian bank debt and equities decline.
Following the wipeout of $17 billion in Credit Suisse bonds in a takeover by UBS on Monday, which raised concerns about comparable debt...
Flexi Group
Mar 20, 20232 min read
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Custodian Anchorage Strengthens its Asian Initiative With a Group of Institutional Crypto Partners
Anchorage Digital, a U.S.-regulated cryptocurrency custody company, has announced the addition of two new institutional partners in Asia...
Flexi Group
Oct 5, 20221 min read
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Asset managers in Asia and the US are confronting "unprecedented and unexpected challenges."
The difficulties facing asset managers are unusual and unanticipated. On the first day of ALFI's Global Distribution Conference in...
Flexi Group
Sep 21, 20223 min read
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Metaverse, Web 3, Cloud Gaming, Extended Reality and Virtual Influencers are top Asian gaming trends
Niko Partners, a market research and consultancy organisation specialising in video games, esports, and streaming in Asia and the Middle...
Flexi Group
Sep 12, 20223 min read
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Sustainable Asia Fund unveiled by Matthews Asia
Under the provisions of Article 9 of the EU Sustainable Investment Regulations, Matthews Asia has introduced its first Asia fund. In...
Flexi Group
Jul 27, 20221 min read
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