SEC targets US firms linked to suspected Chinese pump and dump scams
Key Takeaways The SEC is focusing on US companies connected to suspected Chinese pump and dump scams. Regulatory actions aim…
Tag: Chinese
Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines
The Beijing Internet Finance Industry Association (BIFA) issued a notice on July 9 urging retail investors to reject pitchbooks that…
Leading Chinese Gaming Firm Converts
Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its…
Chinese E-commerce Giant Alibaba Downsizing Metaverse Unit to Streamline Operations: Report
In line with a broader trend among major tech firms, Chinese e-commerce behemoth Alibaba is downsizing its metaverse operations. The…