Hong Kong: China’s IPO pipeline and crypto lab
Companies raised $13.6 billion through Hong Kong IPOs in the first half of the year, giving the city the global fundraising title for that period. What's behind the sudden boom? And a growing number of Chinese companies are experimenting with cryptocurrencies in Hong Kong, even as such currencies are banned on the Mainland. What's driving such different approaches on the Mainland and in Hong Kong?
INTERVIEW: Cango maps out future path as bitcoin miner
The company recently completed the first phase of its transformation from auto trader to bitcoin miner with its acquisition of additional machines with 18 EH/s of capacity By Doug…
BRIEF: Amber Int’l to use $25.5 million from Pantera, others to fund strategic reserve
Amber International Holding Ltd. (AMBR.US) said on Thursday that it will use new funds from its recently unveiled $25.5 million private placement to further enhance its $100 million “crypto ecosystem…
BitFuFu rides crypto wave, flexible business model to lofty profits
The provider of digital asset mining services is growing its portfolio of self-operated mining machines and data centers as high crypto prices fuel strong revenue and earnings gains Key Takeaways:…
FAST NEWS: BitFuFu posts strong user growth as mining capacity doubles
The Latest: Digital asset mining services provider BitFuFu Inc. (FUFU.US) said on Thursday its revenue rose 43.3% last year to $284.1 million, while its net income more than quadrupled to…
CHINA BULLETIN: China-U.S. Ties in Focus Ahead of Taiwan Election
In this week’s issue exports rebound, deflation rolls on and car exports zoom. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.…
Bitdeer, Canaan mint hedges against crypto volatility in AI
Each company is seeking to develop businesses related to the hot emerging technology as their core crypto operations lose money Key Takeaways: Bitdeer said it was picked as a preferred…
