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US Securities and Exchange Commission

Robotaxi start-up WeRide delays US IPO days before Chinese approval expires

by Anas Siddiqui
Robotaxi start-up WeRide delays US IPO days before Chinese approval expires

Chinese autonomous driving start-up WeRide has postponed its US initial public offering (IPO), citing the need for additional time to finalise necessary documents. The company was looking to raise up …

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Chinese fast-fashion giant Shein filed for London IPO in early June, sources say

by Anas Siddiqui
Chinese fast-fashion giant Shein filed for London IPO in early June, sources say

Shein confidentially filed papers with Britain’s markets regulator in early June, two sources said, kicking off the process for a potential London listing by the online fast-fashion retailer later in …

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Ethereum Soars 5.6% Ahead Of ETF Decision, Analysts Set Target

by Isaac Wright
Ethereum Soars 5.6% Ahead Of ETF Decision, Analysts Set Target

Ethereum (ETH) price is soaring ahead of the Securities and Exchange Commission (SEC) decision regarding the Spot ETH ETF (exchange-traded fund). Investors’ and market watchers’ optimism has increased as the …

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Ether ETFs jump in Hong Kong in anticipation of US approval for similar crypto products

by Anas Siddiqui
Ether ETFs jump in Hong Kong in anticipation of US approval for similar crypto products

The spot ether exchange-traded fund (ETF) launched by Chinese fund manager ChinaAMC saw more than HK$5 million (US$640,780) in net inflows as of mid-day Wednesday, after reaching HK$3.77 million on …

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Hedge fund giant Bridgewater misses out on stock market bull run, ditching Chinese stocks in first quarter

by Anas Siddiqui
Hedge fund giant Bridgewater misses out on stock market bull run, ditching Chinese stocks in first quarter

Bridgewater Associates, the world’s biggest hedge fund, pulled back drastically from Chinese stocks again last quarter, slashing its investment by nearly 90 per cent from a peak two years ago. …

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Canaan unveils new bitcoin-mining machine in Hong Kong as old equipment becomes less profitable after ‘halving’ event

by Anas Siddiqui
Canaan unveils new bitcoin-mining machine in Hong Kong as old equipment becomes less profitable after ‘halving’ event

Canaan, a Singapore-based cryptocurrency-mining equipment maker, has unveiled in Hong Kong an energy-saving machine designed to help miners stay competitive after the rewards for mining bitcoin were reduced by 50 …

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XRP Price Scenarios Ahead Of Ripple-SEC Case Update: Analyst

by Isaac Wright
XRP Price Scenarios Ahead Of Ripple-SEC Case Update: Analyst

In a chart analysis shared via X, the crypto analyst Dark Defender provided insight into the potential price movements of XRP ahead of this week’s Ripple-SEC case update. The analysis, …

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‘AI is going to be huge’ says JPMorgan’s Jamie Dimon as he lays out his vision for the future of money

by Anas Siddiqui
‘AI is going to be huge’ says JPMorgan’s Jamie Dimon as he lays out his vision for the future of money

JPMorgan Chase CEO Jamie Dimon makes no secret that his firm is all-in on artificial intelligence (AI). Now, the head of the world’s biggest bank is laying out his vision …

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Hong Kong’s first spot bitcoin and ether ETFs get conditional approval as city stakes a lead on such products

by Anas Siddiqui
Hong Kong’s first spot bitcoin and ether ETFs get conditional approval as city stakes a lead on such products

Hong Kong has approved the launch of exchange-traded funds (ETF) that invest directly in bitcoin and ether, the world’s two largest cryptocurrency tokens, as the city looks to secure a …

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Ripple Provided Big XRP Price Discounts To Select Investors: SEC

by Isaac Wright
Ripple Provided Big XRP Price Discounts To Select Investors: SEC

In the XRP lawsuit, the US Securities and Exchange Commission (SEC) filed its motion for remedies and entry of final judgment against Ripple, proposing a suite of penalties that includes …

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