On January 19, after the TikTok announced that it would suspend service in the United States, it was found that the Jianying overseas version CapCut, also owned by ByteDance, was also suspended. CapCut official announcement said: "We regret to inform you that a law prohibiting the use of CapCut in the United States will take effect on January 19, which will force us to temporarily unable to provide services. We are working to resume service in the United States as soon as possible, thank you for...
Huabao Overseas Technology Stock Investment Fund (QDII-LOF) announced in the Shanghai Securities News that it would suspend subscription and fixed investment business. The announcement states that according to the provisions of the Fund's "Fund Contract", "Prospectus" and other relevant documents, applications for subscription and fixed-term investment business submitted by investors after 15:00 on December 12, 2024 will be regarded as applications submitted on the next working day and will not ...
On November 21st, Alibaba Group CEO Wu Yongming released an internal email announcing the integration of domestic and overseas e-commerce, and the establishment of an e-commerce business group. Jiang Fan will serve as CEO and report to Wu Yongming. It is understood that the new e-commerce business group will fully integrate Taobao Tmall Group, International Digital Commerce Group, 1688, Xianyu and other e-commerce businesses to form a business cluster covering the entire industrial chain at home...
According to Bloomberg, Japan has been considering whether to follow an overseas move and allow ETFs to invest in cryptocurrencies, which has attracted the attention of mainstream Japanese institutions. Some Japanese companies have said that the discussion should focus on major tokens such as bitcoin and ether, including major trust banks such as Mitsubishi UFJ and Sumitomo Mitsui, cryptocurrency exchanges such as bitFlyer, and brokers such as Nomura Securities and SBI Securities.
Republican presidential candidate Donald Trump said in a statement to voters abroad that he would end the imposition of income taxes on Americans living in other countries, the latest in a series of tax proposals he has made in the final stages of his 2024 campaign. The pledge could simplify the tax liability of U.S. citizens living overseas. Americans, regardless of where they live in the world, must submit tax information to the IRS, in addition to paying taxes in their country of residence.
On October 9th, the strong bullish sentiment of global capital towards China's financial assets is supporting the RMB exchange rate to gradually recover lost ground. Analysts pointed out that overseas hedge funds have chosen to buy up the offshore RMB exchange rate around 7.08. In addition, foreign trade enterprises have also increased their foreign exchange settlement efforts in the past two trading days, because they are afraid that the crazy buying of Chinese assets by overseas funds will con...
On October 7th, overseas crypto KOL Ignas published data pointing out that the number of EIGEN currently in the state of pledge is larger than the number of EIGEN in circulation, the amount of pledge is 242 million, and the circulation is 186 million (CMC and Coingecko data). This is because EigenLayer allows investors' tokens in a "locked" state to be staked. Ignas added that this is a common problem in the industry, and TIA appears to have a similar problem. It dilutes the staking rewards avai...
Recently, Ant Digital has posted a number of RWA architect positions on overseas social media, all based in Hong Kong. It is reported that insiders said that the hired staff will participate in the sandbox work of the Hong Kong wholesale central bank digital currency Ensemble project. Just a month ago, Ant Digital just landed the first cross-border RWA of a mainland enterprise with a total value of 100 million yuan in Hong Kong.
Velo Labs has received its second strategic investment from UOB Venture Management (UOBVM), a private equity and venture capital subsidiary of UOB Bank, for an undisclosed amount. With a market capitalization of approximately US $54 billion (as of September 2024) and total assets under management exceeding US $500 billion, Velo Labs will provide a Web3-based financial solution and settlement network to enable value transfer. (Cointelegraph)
On July 31st, Shanghai issued the "Implementation Opinions on Further Playing the Role of Capital Markets to Promote the High-Quality Development of Science and Technology Innovation Enterprises in the City", guiding enterprises to choose suitable listing sectors, giving priority to supporting "hard technology" enterprises that break through key core technologies in new industries, new formats and new technologies.
On July 28th, in response to the news that Fuyao Glass's US-related locations were raided by the Department of Homeland Security, Fuyao Glass-related personnel responded to reporters on the 28th that during the investigation (factory) production was suspended, and production has resumed after the investigation, which will not affect normal supply.
Jiang Huifen, deputy director of the financial marekt department of the central bank: will start supporting overseas institutions to use bonds to pay swaps to bonds.
On June 27th, the Securities Supervision Commission issued a notice of listing through Helen's overseas issuance, and Helen's International Holdings Limited plans to list on the Singapore Stock Exchange through introduction.
On June 25th, there have been a series of accidents in overseas battery projects recently. On June 24th, a fire broke out in a battery factory in Hwaseong, Gyeonggi Province, South Korea; in May, as one of the largest battery energy storage projects in the world, a fire also broke out at the Gateway energy storage power station in Otay Mesa, California. Experts believe that overseas related accidents deserve the vigilance of the competent authorities and relevant industries, especially the old p...
The Hong Kong Securities and Futures Commission (SFC) today issued a circular allowing the Securities Supervision Commission to authorize exchange-traded funds (ETFs) using a linked fund structure to invest in overseas-listed ETFs from different markets, including active ETFs, subject to certain conditions. Ms. Cai Fengyi, Executive Director of the Investment Products Department of the Hong Kong Securities Supervision Commission, said that further simplification of the application to linked ETFs...