Alibaba-Backed Nice Tuan Fined 1.5 Million Yuan Over Its Market Behaviour

Alibaba-backed Nice Tuan is fined 1.5 million yuan (that is around $235,302) and has been asked to suspend its functions for three days in Jiangsu province by the Chinese regulator. The Chinese market regulator took this step because of Nice Tuan’s irregular pricing checks and product dumping. In a statement released on the State Administration […]

Smart Money Moving Into Chinese Stocks (ZTO, BABA, PLIN, PDD)

China has been in the news almost constantly in recent months as the COVID-19 global pandemic wreaks havoc in over a hundred countries around the world. The outbreak took root in China, but the Chinese appear to have handled it better than many countries. Perhaps that’s because they protected an information and supply advantage. Perhaps […]

China’s Ping An Invests In Blockchain via Launcing ‘White Paper On Smart Cities’

China’s leading insurance company, Ping An as launched a “White Paper on Smart Cities.” Pink An is one of the leading global insurance groups. World’s third largest insurance group The company is advocating for investment in big data, AI, blockchain technology and cloud computing. The insurance conglomerate has operations in banking, insurance and financial services. […]

ALIBABA: Biggest IPO Buzzing The Market

Boston, MA 05/10/2014 (wallstreetpr) – This Chinese e-commerce giant is going public in the U.S by filing an IPO. It is estimated that this IPO will be the largest in history of Wall Street. When Alibaba filed its 250 page report with Federal Regulator, the company did not mention its intentions about the amount it […]