The US Securities and Exchange has suspended processing of Chinese companies' IPOs and other securities issuance in the US.
U.S. REGULATORS FREEZES CHINESE COMPANY IPOS OVER RISK DISCUSSIONS, REUTERS CITES SOURCES
The US Securities and Exchange has suspended registration procedures for Chinese companies' IPOs and other securities offerings in the US. The SEC is drafting new guidelines to disclose to investors the risks of Beijing's new regulatory crackdown.
The article mentioned the DiDi listing incident and China's crackdown on the counseling industry.
So far this year, the scale of Chinese companies' listings in the US has reached a record $12.8 billion.
The Securities and Exchange Commission requires that Chinese companies listed in the US must disclose the risk of the Chinese government interfering in business, included in regular reports, and disclosure guidelines are being drafted. Do not submit any securities issuance registration requests until specific guidelines have been formulated. It is currently unclear how long it will take to finalize the contents of the guidelines.
THE SEC HAS ASKED COMPANIES NOT TO SUBMIT ANY REGISTRATIONS FOR THE SUBMISSIONS OF SECURITIES UNTIL IT IT GIVES THEY FACE IN CHINA, THE SOURCES Said. It was not immediately clear how long this would take
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By Jimmy
Hey, moomooers! Here are things you need to know before the opening bell:
-Stock futures fell in early trading Tuesday ahead of quarterly earnings reports from several mega-cap technology companies.
-Infrastructure negotiators try to overcome late hurdles
Market snapshot
Stock futures fell in early trading Tuesday ahead of quarterly earnings reports from several mega-cap technology companies.
Futures on the Dow Jones Industrial Average declined nearly 180 po...

To understand cryptocurrency, there is one concept that you couldn’t avoid ---blockchain
The simplest way of explanation, blockchain is a specific type of database.
A traditional database runs in a centralized organizing way that requires an administrator to manage and maintain all of the info. Blockchain orient its data in a decentralized way that requires no individual to manage. It simply structures all data into blocks that are all chained together in chronological order. When a block is filled, it would become immutable and formed as a part of its timeline. Each block would be given an auto-generated hash code as it becomes chained.
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