-
Industrial Bank Facilitates Digital RMB Payment for Taiwanese Nationals, Empowering Cross-Strait Integration
Industrial Bank Facilitates Digital RMB Payment for Taiwanese Nationals, Empowering Cross-Strait Integration Industrial Bank has become the first financial institution in China to support Taiwanese nationals in upgrading their digital RMB wallets through a cooperating bank channel. It has also successfully implemented the country's first digital RMB unit wallet payment transaction for a Taiwanese-funded bank, providing Taiwanese nationals and companies with more convenient and secure payment experiences and promoting cross-strait integration...
Blockchain 2024-06-19 14:42:48 -
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production Chinese electric vehicle (EV) manufacturers may be unhappy with the new additional tariffs imposed by the European Union (EU), but they have multiple strategies to maintain their growth momentum, including shifting production to the European continent and leveraging their robust profit margins to partially offset the impact of tariffs. The European Commission formally notified carmakers including BYD, Geely Automobile, and SAIC Motor on Wednesday that it would impose temporary tariffs on EVs, up to 48%, starting next month...
Industry dynamics 2024-06-19 14:36:22 -
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns Capital's profit-seeking nature is evident in traditional finance, commodity markets, and the current cryptocurrency market, which is booming. However, cryptocurrencies, powered by blockchain technology, still face unavoidable regulatory blind spots amid the ongoing struggle between the industry and financial regulators in the West...
Blockchain 2024-06-19 12:13:37 -
Digital Yuan Trial in Hong Kong Expands: Faster Top-Ups via Faster Payment System
Since the expansion of the digital yuan pilot in Hong Kong, several banks, including Hang Seng Bank and Bank of Communications Hong Kong, announced on May 17 that they are offering top-up services for digital yuan wallets through the Faster Payment System (FPS). FPS: Hong Kong's Fast Payment System FPS is a fast payment system launched by the Hong Kong Monetary Authority (HKMA)...
Blockchain 2024-05-24 16:46:22 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Redmi K80 Series to Offer Significant Battery Upgrade for Uninterrupted Power
The Redmi K series has consistently impressed with its high-performance and value-for-money offerings. However, battery life has been a slight concern on these devices...
Mobile Internet 2024-04-08 16:44:24 -
Domestic Market Competition Heats Up, Overseas Market Becomes Key to Growth
China's smartphone market is highly competitive, with brands struggling to differentiate themselves, leading to year-over-year declines for some. Consequently, overseas markets have become crucial for determining brand sales, with Malaysia being a significant player...
Mobile Internet 2024-04-08 16:43:10 -
Major Fund Companies Race into Bitcoin ETF Market via Hong Kong Subsidiaries
As the Bitcoin market flourishes, major fund companies are ramping up their presence to seize the investment opportunity. Notably, several have opted to take an indirect approach by establishing subsidiaries in Hong Kong to apply for and launch Bitcoin ETFs...
Blockchain 2024-04-08 16:38:31 -
Malaysia Smartphone Market Insights: Xiaomi Dominates, Chinese Brands Dominate
Malaysia's smartphone market witnessed robust growth in February 2024, with shipments increasing by 10% year-over-year (YoY) to reach 687,000 units. Xiaomi emerged as the leader with a 19% market share, followed by vivo, Apple, Transsion, and Samsung...
Mobile Internet 2024-04-08 16:37:19 -
Huawei P70 Series Set to Launch This Month with Distinctive Camera Deco Design and More
The highly anticipated Huawei P70 series is poised to hit the market this month, with third-party protective cases now in mass production, offering a glimpse of its design and specifications. Camera Design: Iconic Triangle Deco The protective cases reveal that the Huawei P70 series will feature a distinctive triangular camera Deco design...
Mobile Internet 2024-04-08 16:27:10 -
OnePlus Ace 3V Adopts Glass Back for Flagship-Level Build Quality
OnePlus has unveiled its latest mid-range device, the OnePlus Ace 3V, which boasts a glass back covera feature uncommon in its category. Utilizing flagship-grade craftsmanship and higher production costs, the phone's glass back elevates the device's overall and places it at the forefront of mid-range smartphones...
Mobile Internet 2024-04-08 16:25:04 -
iPhone Market Share Declines: Analysis of Factors and Impact Assessment
Apple's iPhone has long held a dominant position in the global smartphone market. However, recent market dynamics have shown significant shifts, with the iPhone experiencing a decline in sales...
Mobile Internet 2024-04-08 16:24:18
