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Bank of China Ltd. Registered S (W8V.SG)

Stuttgart - Stuttgart Delayed Price. Currency in EUR
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0.3030+0.0030 (+1.00%)
As of 5:29PM CEST. Market open.
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  • Bloomberg

    China Intensifies Hunt for Cryptocurrency Miners in Hiding

    (Bloomberg) -- China’s campaign against the cryptocurrency industry is now targeting miners who tried to disguise themselves as data researchers and storage facilities to stay in business, according to people with knowledge of the situation.Inspections intensified this month in several Chinese provinces, targeting illegal mining activities in colleges, research institutions and data centers, said the people who asked not to be named due to the sensitivity of the matter. Concern over the country’

  • Bloomberg

    Digital Yuan Goes Head to Head With Alipay, WeChat in Beijing

    (Bloomberg) -- Swipe your bracelet, watch or even a walking stick, and you can pay for your goods with digital yuan. These are just some of the quirky gadgets that China’s central bank, lenders and technology giants are showcasing to Beijing residents ahead of a broader rollout of the e-currency when the city hosts the Winter Olympics in February. The wearable devices, embedded with a digital yuan chip, can be tapped against a scanner, transferring the currency from an e-wallet without needing a

  • Bloomberg

    China Should Curb Tech Monopolies to Ensure Growth, Says PBOC Advisor

    (Bloomberg) -- Beijing should strengthen efforts to control the expansion of technology companies because the development of internet platforms leads to a “winner takes all” dynamic, which increases inequality and slows economic growth, an advisor to China’s central bank said.“The new technological revolution with more prominent properties of increasing returns will inevitably produce an unprecedented tendency toward monopoly,” Cai Fang, a member of the People’s Bank of China’s monetary policy c