Shares of Zhejiang Sanhua Intelligent Controls fell as much as 8.1%, after the Chinese maker of refrigeration components ...

The US dollar’s dominance in global markets could be enhanced by stablecoins, and China has a golden chance to make the yuan ...

Hong Kong shares were slightly down on Monday, as investors assessed the potential for tighter cash supplies and monitored tensions in the Middle East for a likely hit to sentiment. China stocks were ...

While issuing a renminbi-backed stablecoin is not yet feasible given the current legal framework, Hong Kong's ordinance can ...

SHANGHAI: China’s yuan slipped to a three-week low against the dollar on Monday as investors rushed to perceived safe haven ...

Payment Connect was jointly launched by the People's Bank of China and the Hong Kong Monetary Authority to strengthen ...

In parallel, Nano Labs plans to develop a technical framework for stablecoins, focusing on blockchain networks such as Bitcoin and Binance Coin (the "BNB”). Nano Labs looks forward to forming ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

China-based Nano Labs Ltd. has announced its plans to apply for a stablecoin issuing license in Hong Kong as the jurisdiction positions itself as a center for digital finance innovation, as it ushers ...

As stablecoins become central to digital finance and global payments, regulatory frameworks are rapidly evolving across key ...

Soy sauce giant Foshan Haitian Flavouring & Food made its debut last week, raising US$1.29 billion, while Chinese drugmaker Jiangsu Hengrui Pharmaceuticals raised US$1.25 billion in May.