SEC takes action against Chinese billionaire's companies over $500M offerings

The United States Securities and Exchange Commission (SEC) has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487 million combined. The infamous Wengui, also known as Miles Kwok or Miles Guo, is an exiled Chinese businessman who currently resides in New… Continue reading SEC takes action against Chinese billionaire's companies over $500M offerings

SEC takes action against Chinese billionaire's companies over $500M offerings

The United States Securities and Exchange Commission (SEC) has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487 million combined. The infamous Wengui, also known as Miles Kwok or Miles Guo, is an exiled Chinese businessman who currently resides in New… Continue reading SEC takes action against Chinese billionaire's companies over $500M offerings

House to vote on booting Chinese stocks from US over audit rules

Fox Business Flash top headlines for November 27 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. WASHINGTON—Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules—or leave U.S. markets altogether. Continue Reading Below House leaders plan to consider a… Continue reading House to vote on booting Chinese stocks from US over audit rules

Trump records shed new light on Chinese business pursuits

As he raises questions about his opponent’s standing with China, President Trump’s taxes reveal details about his own activities there, including a previously unknown bank account. President Donald Trump and his allies have tried to paint the Democratic nominee, Joe Biden, as soft on China, in part by pointing to his son’s business dealings there.… Continue reading Trump records shed new light on Chinese business pursuits

US Adds 4 Chinese Nuclear Power Companies To Trade Blacklist

The U.S. Government blacklisted four Chinese nuclear power companies, accusing them of helping to acquire advanced U.S. technology for Chinese military. The Bureau of Industry and Security under the Department of Commerce added China General Nuclear Power Group and its subsidiaries China General Nuclear Power Corp., or CGNPC, China Nuclear Power Technology Research Institute Co.,… Continue reading US Adds 4 Chinese Nuclear Power Companies To Trade Blacklist

Trump threatens to raise Chinese tariffs to 25% this week

FILE – In this July, 5, 2018, file photo, a jockey truck passes a stack of 40-foot China Shipping containers at the Port of Savannah in Savannah, Ga. President Donald Trump turned up the pressure on China Sunday, May 5, 2019, threatening to hike tariffs on $200 billion worth of Chinese goods. (AP Photo/Stephen B.… Continue reading Trump threatens to raise Chinese tariffs to 25% this week