User blogs
If you’re someone who already vapes, using a wax atomizer is the easiest
way to get into dabbing. Wax atomizers have a 510 threading just like
you would find on sub-ohm tanks and RDAs, which means that they’ll work
with your existing vape mod. Rather than needing a whole rig, wax
atomizers allow you the freedom of portability without the loss of
potency.To get more news about 510 thread tank, you can visit univapo official website.
If you’re looking for the best wax atomizer to use with your vape mod then look no further. We’ve put together a list of the best wax atomizers that you can get in 2020.
#1. Mig Vapor Brain Fogger
If you want the absolute best wax atomizer for your existing vape mod, look no further than the Brain Fogger. Compatible with either Temperature Control or Wattage mode vaping, this handy little guy offers the best performance possible thanks to its reverse stacked coil design. This setup first melts the concentrates on the upper coil, allowing it to flow down to the lower coil and be vaporized. This results in extremely clean and hard hits, all from a very low powered atomizer.
For easy cleaning, the Brain Fogger has a fully detachable structure. This means that you can easily take the entire atomizer apart for a thorough cleaning. This ensures top performance and the cleanest flavor.
#2. HoneyStick Highbrid
The Highbrid brings a full dabbing experience to your mod. Part of the Highbrid’s allure is the custom ceramic bowl and dual quartz rods. It vaporizes your wax extremely efficiently and produces smooth hits that make for an extremely pleasurable dabbing experience.
The Highbrid can be used at up to 23W but it’s recommended to start low and work your way up to a wattage that you’re comfortable with. The 510 threaded connection is compatible with any vape box or box mod. Included with the Highbrid is everything you need to get yourself up and dabbing with your vape mod. It’s definitely one of the best 510 wax atomizers available.
#3. KandyPens K-Box
The Kandypens K-Box is a great 510 wax atomizer. It’s got a stylish glass tank and a glass mouthpiece with a built-in splash guard to prevent hot wax from burning your lips or mouth. It’s got an all-ceramic chamber with triple-quartz rods that provide triple the surface area of traditional coils. It delivers large, dense clouds and effectively vaporizes without causing combustion.
The K-Box tank also has an adjustable bottom airflow ring that is adjustable to your draw preference. It’s also been designed to be leak proof so you don’t have to worry about wasted wax. The K-Box will work with any vape mod but it’s best with variable voltage mods at 2.8V, 3.2V, 3.6V or 4.0V.
#4. Pulsar APX Wax Atomizer
The Pulsar APX Wax Atomizer is not only beautiful, but practical too. Due to its glass tank and mouthpiece construction, the flavor from the APX is super clean and very flavorful. While this can lead to issues of breakage if you’re not careful, the performance is worth being super careful.
The Pulsar APX uses triple quartz coils and a very durable solid ceramic chamber. The result is a tank that heats and vaporizes wax quickly and efficiently. The Pulsar APX will work great with your existing 510 vape mod, and should be used at 15-30W.
If you’re looking for the best wax atomizer to use with your vape mod then look no further. We’ve put together a list of the best wax atomizers that you can get in 2020.
#1. Mig Vapor Brain Fogger
If you want the absolute best wax atomizer for your existing vape mod, look no further than the Brain Fogger. Compatible with either Temperature Control or Wattage mode vaping, this handy little guy offers the best performance possible thanks to its reverse stacked coil design. This setup first melts the concentrates on the upper coil, allowing it to flow down to the lower coil and be vaporized. This results in extremely clean and hard hits, all from a very low powered atomizer.
For easy cleaning, the Brain Fogger has a fully detachable structure. This means that you can easily take the entire atomizer apart for a thorough cleaning. This ensures top performance and the cleanest flavor.
#2. HoneyStick Highbrid
The Highbrid brings a full dabbing experience to your mod. Part of the Highbrid’s allure is the custom ceramic bowl and dual quartz rods. It vaporizes your wax extremely efficiently and produces smooth hits that make for an extremely pleasurable dabbing experience.
The Highbrid can be used at up to 23W but it’s recommended to start low and work your way up to a wattage that you’re comfortable with. The 510 threaded connection is compatible with any vape box or box mod. Included with the Highbrid is everything you need to get yourself up and dabbing with your vape mod. It’s definitely one of the best 510 wax atomizers available.
#3. KandyPens K-Box
The Kandypens K-Box is a great 510 wax atomizer. It’s got a stylish glass tank and a glass mouthpiece with a built-in splash guard to prevent hot wax from burning your lips or mouth. It’s got an all-ceramic chamber with triple-quartz rods that provide triple the surface area of traditional coils. It delivers large, dense clouds and effectively vaporizes without causing combustion.
The K-Box tank also has an adjustable bottom airflow ring that is adjustable to your draw preference. It’s also been designed to be leak proof so you don’t have to worry about wasted wax. The K-Box will work with any vape mod but it’s best with variable voltage mods at 2.8V, 3.2V, 3.6V or 4.0V.
#4. Pulsar APX Wax Atomizer
The Pulsar APX Wax Atomizer is not only beautiful, but practical too. Due to its glass tank and mouthpiece construction, the flavor from the APX is super clean and very flavorful. While this can lead to issues of breakage if you’re not careful, the performance is worth being super careful.
The Pulsar APX uses triple quartz coils and a very durable solid ceramic chamber. The result is a tank that heats and vaporizes wax quickly and efficiently. The Pulsar APX will work great with your existing 510 vape mod, and should be used at 15-30W.
In the past year more and more people have been shying away from using
vape tanks and vape mods. Instead, vapers have been gravitating towards
more simple and portable pod vapes. These vapes are compact, easy to
vape with and use refillable pods. They make vaping as hassle-free as
can be, all while providing great flavor and great battery life as
well.To get more news about Zumix Pod Kit, you can visit univapo official website.
With the increasing popularity of pod vapes the market has been flooded with new devices almost daily. This makes it hard to pick out the ones that are good and the ones that are just a waste of money. To make things easier we’ve put together this list of the best pod vapes in 2020. These devices have all been selected based on their ease of use, portability, flavor, and vapor quality so that you can get the most bang for your buck.
#1. Voopoo Drag S
The Drag S is a powerful and versatile pod vape. It has a built-in 2500mAh battery and features adjustable wattage up to 60W. It also has a bright, full-color screen that neatly displays essential vaping information. The Drag S features both draw and button activated firing so you can vape however you prefer. It also has an airflow adjustment knob that can be used to open or restrict the airflow.
The flavor and performance are similar to that of a box mod and tank but the Drag S is smaller, more portable, and more convenient. The design is modern and stylish and the build quality is top-tier. The Drag S is available in one of seven different panels.
#2. Smok Nord 2
The Nord 2 is the follow up to one of the most popular nicotine salt vapes of all time. The biggest change from the original Nord is that the Nord 2 features a 0.69” OLED display as well as adjustable wattage up to 40W.
Its compact size and weighted feel make it comfortable to hold, while the curved mouthpiece keeps it comfortable to use. The Nord 2 includes two pods as well as two coils: a 0.8ohm coil that is suited for MTL-draw users and nicotine salts, and a 0.4ohm coil for DTL vapers and regular nicotine ejuices.
The Nord 2 is one of the most leak-resistant pod vapes around. It’s also extremely simple to fill; there’s a side port which is secured by a rubber plug to prevent leaking. The Nord 2 pods will hold up to 4.5ml of ejuice.
#3. Lost Vape Orion Plus
The Lost Vape Orion Plus is the successor to the Orion of mid-2018 and this time it’s better than ever. It still uses the DNA GO chipset but now it has five different power levels and a 2ml pod that uses improved longer-lasting, replaceable coils.
In addition to the different power levels the Orion Plus also has an adjustable airflow ring. This allows you to tailor the draw to exactly the way you prefer.
The Orion Plus has a small and compact all-in-one design that is comfortable to use and super portable. Lost Vape are a brand that are known for their build-quality and the Orion Plus is no exception. The device is very well put together and feels premium to hold.
With the increasing popularity of pod vapes the market has been flooded with new devices almost daily. This makes it hard to pick out the ones that are good and the ones that are just a waste of money. To make things easier we’ve put together this list of the best pod vapes in 2020. These devices have all been selected based on their ease of use, portability, flavor, and vapor quality so that you can get the most bang for your buck.
#1. Voopoo Drag S
The Drag S is a powerful and versatile pod vape. It has a built-in 2500mAh battery and features adjustable wattage up to 60W. It also has a bright, full-color screen that neatly displays essential vaping information. The Drag S features both draw and button activated firing so you can vape however you prefer. It also has an airflow adjustment knob that can be used to open or restrict the airflow.
The flavor and performance are similar to that of a box mod and tank but the Drag S is smaller, more portable, and more convenient. The design is modern and stylish and the build quality is top-tier. The Drag S is available in one of seven different panels.
#2. Smok Nord 2
The Nord 2 is the follow up to one of the most popular nicotine salt vapes of all time. The biggest change from the original Nord is that the Nord 2 features a 0.69” OLED display as well as adjustable wattage up to 40W.
Its compact size and weighted feel make it comfortable to hold, while the curved mouthpiece keeps it comfortable to use. The Nord 2 includes two pods as well as two coils: a 0.8ohm coil that is suited for MTL-draw users and nicotine salts, and a 0.4ohm coil for DTL vapers and regular nicotine ejuices.
The Nord 2 is one of the most leak-resistant pod vapes around. It’s also extremely simple to fill; there’s a side port which is secured by a rubber plug to prevent leaking. The Nord 2 pods will hold up to 4.5ml of ejuice.
#3. Lost Vape Orion Plus
The Lost Vape Orion Plus is the successor to the Orion of mid-2018 and this time it’s better than ever. It still uses the DNA GO chipset but now it has five different power levels and a 2ml pod that uses improved longer-lasting, replaceable coils.
In addition to the different power levels the Orion Plus also has an adjustable airflow ring. This allows you to tailor the draw to exactly the way you prefer.
The Orion Plus has a small and compact all-in-one design that is comfortable to use and super portable. Lost Vape are a brand that are known for their build-quality and the Orion Plus is no exception. The device is very well put together and feels premium to hold.
The safety and long-term health effects of using e-cigarettes or other vaping products still aren’t well known. In September 2019, federal and state health authorities began investigating an outbreak of a severe lung disease associated with e-cigarettes and other vaping products. We’re closely monitoring the situation and will update our content as soon as more information is available.To get more news about Vape Manufacturers, you can visit univapo official website.
However, vaping carries several dangers, both for the person using it and the people around them.
If a person is considering the use of e-cigarettes or vaping to help them quit smoking or because they want to follow a trend, it is essential to understand what vaping entails and its health risks..
Is vaping dangerous?
Though vaping may eliminate some of the threats that come from inhaling smoke, it is not without its risks and health concerns.
The National Academies of Sciences, Engineering, and Medicine presented 47 conclusions about vaping, most of which are negative. The few positive findings revolve around the idea that if a person eliminates the use of combustible cigarettes, they will reduce their exposure to smoke-related carcinogens.
However, the long-term consequences of vaping generally remain unknown. This is because vaping devices are relatively new to the market, and researchers have not had sufficient time to study the long-term effects thoroughly.
Some liquid refills contain nicotine in varying amounts, while others may be nicotine-free. Modifications in third generation devices allow people to add additional products to their e-liquid.
The liquids also come in a variety of flavors. Some taste like cigarettes, while others may have a minty or fruity flavor.
The China Europe International Business School (CEIBS), one of the
world's top business schools, just made a quantum leap forward by
inaugurating the expansion of its new Zurich Campus in Horgen and
simultaneously celebrating the school's 25th anniversary, thereby
further cementing its position as a global leader in educating European
and Chinese executives, business leaders and managers.To get more news
about China business school, you can visit acem.sjtu.edu.cn official website.
Doubling the size of the new Zurich Campus and the inauguration of a second building marks a significant milestone in the global expansion of CEIBS. CEIBS fosters cross-cultural leadership and collaboration, boosts European and Asian entrepreneurship, and is taking executive education to the next level. CEIBS offers unique, in Europe and Asia accredited (EQUIS, AACSB), practical executive education and corporate programmes.
Dr. Yuan Ding, CEIBS Vice-President and Dean, said: "Switzerland is a role model and ideally situated in the heart of Europe. CEIBS is bringing this European and Western management know-how, values and practices to China. In return offering European and Western executives the chance to gain in-depth insight on how to successfully do business in China, obtaining a valuable business network as well as the strategic knowledge that allows to create a successful future strategy, reassuring growth and staying in the competition."
Ding added that: "This is in line with the mission of CEIBS 'China Depth, Global Breadth'. Thus, one could say CEIBS is building bridges between Europe and China enabling an effective two-way communication."
CEIBS ranks within the top 5 business schools in the world and is number 1 in China, according to the Financial Times' top 5 list of MBA and EMBA programmes.
Dr. Robert Straw, CEO of CEIBS Zurich, further explained: "The expansion of the Zurich Campus signifies the importance of the European market and the strength of the European marketplace, its management culture and research facilities. Often Western businesses fail to be successful in China due to a lack of understanding of the Chinese market, regulations or by applying Western business models without having the ability to make the necessary adjustment with regards to local differences."
"Same goes for many Chinese companies when trying to adapt to the European market. Another aspect is the drastically increased competition companies face in China compared to Europe. Thus, it is important to obtain the invaluable knowledge not just in theory but also through an immersive programme that has practical value," he added.
The new, state of the art green building on the shores of Lake Zurich was predominantly built by local vendors and in line with sustainability and energy guidelines and standards, featuring a photovoltaic system, powering the building through solar energy, an environmentally friendly mineral facade insulation as well as a cooling system that makes use of the varying water temperatures of the Lake Zurich. In addition, the campus will be free from any plastic bottles.
The establishment of our Zurich campus and its expansion were possible because of generous supports from our Alumni, recognizing and valuing the European hub of the Business School. Special honours were shown to Mr. Xueping Pan, the Chairman and CEO of the Jiangsu Jinsheng Industry Co. Ltd, for his generous financial support for the establishment of Zurich campus in 2015. Special honours were also shown to Mr. Manli Wong, the Chairman of Man Wah Holdings Ltd., for his donation financing the campus expansion project, by naming the new building the 'Min Wah Building'. We also acknowledged the donation of the solar energy system for the campus extension by GCL System Integration Technology Co. Ltd.
Doubling the size of the new Zurich Campus and the inauguration of a second building marks a significant milestone in the global expansion of CEIBS. CEIBS fosters cross-cultural leadership and collaboration, boosts European and Asian entrepreneurship, and is taking executive education to the next level. CEIBS offers unique, in Europe and Asia accredited (EQUIS, AACSB), practical executive education and corporate programmes.
Dr. Yuan Ding, CEIBS Vice-President and Dean, said: "Switzerland is a role model and ideally situated in the heart of Europe. CEIBS is bringing this European and Western management know-how, values and practices to China. In return offering European and Western executives the chance to gain in-depth insight on how to successfully do business in China, obtaining a valuable business network as well as the strategic knowledge that allows to create a successful future strategy, reassuring growth and staying in the competition."
Ding added that: "This is in line with the mission of CEIBS 'China Depth, Global Breadth'. Thus, one could say CEIBS is building bridges between Europe and China enabling an effective two-way communication."
CEIBS ranks within the top 5 business schools in the world and is number 1 in China, according to the Financial Times' top 5 list of MBA and EMBA programmes.
Dr. Robert Straw, CEO of CEIBS Zurich, further explained: "The expansion of the Zurich Campus signifies the importance of the European market and the strength of the European marketplace, its management culture and research facilities. Often Western businesses fail to be successful in China due to a lack of understanding of the Chinese market, regulations or by applying Western business models without having the ability to make the necessary adjustment with regards to local differences."
"Same goes for many Chinese companies when trying to adapt to the European market. Another aspect is the drastically increased competition companies face in China compared to Europe. Thus, it is important to obtain the invaluable knowledge not just in theory but also through an immersive programme that has practical value," he added.
The new, state of the art green building on the shores of Lake Zurich was predominantly built by local vendors and in line with sustainability and energy guidelines and standards, featuring a photovoltaic system, powering the building through solar energy, an environmentally friendly mineral facade insulation as well as a cooling system that makes use of the varying water temperatures of the Lake Zurich. In addition, the campus will be free from any plastic bottles.
The establishment of our Zurich campus and its expansion were possible because of generous supports from our Alumni, recognizing and valuing the European hub of the Business School. Special honours were shown to Mr. Xueping Pan, the Chairman and CEO of the Jiangsu Jinsheng Industry Co. Ltd, for his generous financial support for the establishment of Zurich campus in 2015. Special honours were also shown to Mr. Manli Wong, the Chairman of Man Wah Holdings Ltd., for his donation financing the campus expansion project, by naming the new building the 'Min Wah Building'. We also acknowledged the donation of the solar energy system for the campus extension by GCL System Integration Technology Co. Ltd.
Chinese leaders are conducting an import fair under intensive
anti-coronavirus controls in their latest effort to revive the world's
No. 2 economy while the United States and Europe struggle with a renewed
surge of infections.To get more news about China International Import Expo 2020, you can visit shine news official website.
Few exhibitors came from abroad for the third China International Import Expo. Most were represented by Chinese employees or managers who work in China. Beijing has eased curbs that barred foreign visitors to China, but new arrivals are required to undergo a 14-day quarantine.
China, where the pandemic began in December, became the first major economy to begin the struggle to restore normal activity after the ruling Communist Party declared victory over the virus in March. Economic growth turned positive in the three months ending in June. Retail spending has edged back above pre-virus levels.
“By hosting the expo in these difficult times, China is demonstrating its resolve to keep the global economy on track,” the official China Daily newspaper said Wednesday.
The expo does nothing to address complaints about China’s trade record that helped to spark its tariff war with Washington and fuel tension with Europe, Japan and other trading partners.
Other governments complain Beijing violates its free-trade commitments by hampering access for foreign companies that want to invest and compete in its industries. They say the ruling party improperly supports its fledgling companies in technology and other promising fields and shields them from competition.
The approximately 2,600 companies at the six-day expo that opened Thursday in a cavernous, 1.5 million square meter (16 million square foot) convention center include many that already operate in or sell to China.
Tyson Foods Inc. is at the expo for the first time to showcase its pork, beef and pet food, said Zhou Qian, the company’s public relations manager for Greater China. Tyson has been selling chicken in China for two decades and has six factories in this country.
“2020 is a very special year. The epidemic is both a challenge and an opportunity for our meat company,” said Zhou.
China has relaxed most anti-disease controls but travelers and visitors to public buildings still are checked for fever and must show a smartphone app that records whether they have been to areas with recent infections.
At the import expo, exhibitors and visitors were required to show proof they had a negative virus test within the past week. Crowds are limited to 30% of the normal capacity of the National Exhibition and Convention Center.
China held this year’s first in-person trade fair in September in Beijing. Exhibitors from abroad at the China International Fair for Trade in Services took part via the internet.
The same month, authorities opened the Beijing auto show, the first major trade show for any industry since the pandemic began. A handful of foreign visitors arrived early to wait out a quarantine, but most brands were represented by Chinese employees or executives who work in China.
Few exhibitors came from abroad for the third China International Import Expo. Most were represented by Chinese employees or managers who work in China. Beijing has eased curbs that barred foreign visitors to China, but new arrivals are required to undergo a 14-day quarantine.
China, where the pandemic began in December, became the first major economy to begin the struggle to restore normal activity after the ruling Communist Party declared victory over the virus in March. Economic growth turned positive in the three months ending in June. Retail spending has edged back above pre-virus levels.
“By hosting the expo in these difficult times, China is demonstrating its resolve to keep the global economy on track,” the official China Daily newspaper said Wednesday.
The expo does nothing to address complaints about China’s trade record that helped to spark its tariff war with Washington and fuel tension with Europe, Japan and other trading partners.
Other governments complain Beijing violates its free-trade commitments by hampering access for foreign companies that want to invest and compete in its industries. They say the ruling party improperly supports its fledgling companies in technology and other promising fields and shields them from competition.
The approximately 2,600 companies at the six-day expo that opened Thursday in a cavernous, 1.5 million square meter (16 million square foot) convention center include many that already operate in or sell to China.
Tyson Foods Inc. is at the expo for the first time to showcase its pork, beef and pet food, said Zhou Qian, the company’s public relations manager for Greater China. Tyson has been selling chicken in China for two decades and has six factories in this country.
“2020 is a very special year. The epidemic is both a challenge and an opportunity for our meat company,” said Zhou.
China has relaxed most anti-disease controls but travelers and visitors to public buildings still are checked for fever and must show a smartphone app that records whether they have been to areas with recent infections.
At the import expo, exhibitors and visitors were required to show proof they had a negative virus test within the past week. Crowds are limited to 30% of the normal capacity of the National Exhibition and Convention Center.
China held this year’s first in-person trade fair in September in Beijing. Exhibitors from abroad at the China International Fair for Trade in Services took part via the internet.
The same month, authorities opened the Beijing auto show, the first major trade show for any industry since the pandemic began. A handful of foreign visitors arrived early to wait out a quarantine, but most brands were represented by Chinese employees or executives who work in China.
Shanghai reported 49 new COVID-19 cases for Nov. 2, up from 24 a day
earlier, the national health authority reported on Tuesday.To get more shanghai coronavirus cases, you can visit shine news official website.
The National Health Commission said in a statement 44 of the new cases were imported infections originating from overseas and the other five were locally transmitted cases in the northwestern Xinjiang region.
Among the 44 imported cases, four were on a flight to the central city of Wuhan from New Delhi, India. The South Asian nation has the second-most number of coronavirus cases in the world, after the United States.
They were the city's first imported cases since Aug. 1.
The commission also reported 61 new asymptomatic cases, compared with 30 a day earlier. Of the total, 19 were passengers on the same flight from New Delhi to Wuhan, where the virus first emerged last year.
Xinjiang region reported 13 new local asymptomatic cases. Authorities in the region conducted large scale testing after a recent outbreak.
China does not classify symptomless patients as confirmed COVID-19 cases.
The total number of confirmed cases in China now stands at 86,070, while the death toll remains unchanged at 4,634.
The National Health Commission said in a statement 44 of the new cases were imported infections originating from overseas and the other five were locally transmitted cases in the northwestern Xinjiang region.
Among the 44 imported cases, four were on a flight to the central city of Wuhan from New Delhi, India. The South Asian nation has the second-most number of coronavirus cases in the world, after the United States.
They were the city's first imported cases since Aug. 1.
The commission also reported 61 new asymptomatic cases, compared with 30 a day earlier. Of the total, 19 were passengers on the same flight from New Delhi to Wuhan, where the virus first emerged last year.
Xinjiang region reported 13 new local asymptomatic cases. Authorities in the region conducted large scale testing after a recent outbreak.
China does not classify symptomless patients as confirmed COVID-19 cases.
The total number of confirmed cases in China now stands at 86,070, while the death toll remains unchanged at 4,634.
The stock market flotation of Ant Group, planned to be the biggest share
offering in history, has been dramatically suspended just two days
before dealings were due to begin in Shanghai and Hong Kong.To get more latest ant group news, you can visit shine news official website.
The move came a day after the financial tech company’s top executives including its founder, Chinese billionaire Jack Ma, were summoned to speak to regulators.
Details of the discussions were not published but a statement from the Shanghai stock exchange said Ant Group reported “changes to the financial technology regulatory environment and other major issues” in its meeting.
“This material event may cause your company to fail to meet the issuance and listing conditions or information disclosure requirements,” the stock market operator said in its statement to Ant. As a result it suspended the planned listing, prompting Ant to put the Hong Kong leg on hold as well.
China’s central bank issued new draft rules for online micro-lending on Monday that raised the amount of cash borrowers were required to hold. Ant Group owns Alipay, one of the dominant payment companies in China, alongside other subsidiaries including lenders to consumers and small businesses, a credit-scoring company and a healthcare payment products provider.
The suspension threatens to derail the biggest ever corporate fundraising just days after it attracted huge interest from institutional and retail investors across the world, with bids worth $3tn chasing $34bn (£22bn) worth of shares.
According to the original timetable Ant had been scheduled to list on the Hong Kong and Shanghai exchanges on Thursday.The listing had been expected to confirm Ant’s status as one of the world’s biggest companies by valuation, with an expected market value of more than $310bn before shares started trading. That would mean it would rival the valuation of JP Morgan, the world’s most systemically important bank.
As well as its significance for the company, the move was seen as a symbolic moment in China’s development as a financial centre, with one of the world’s biggest companies eschewing a New York listing, unlike its former parent company, Alibaba, the online retail company founded by Ma.
Meziane Lasfer, a professor of finance at City, University of London, said the lateness of the decision to suspend the listing could be harmful to China’s efforts to grow its financial sector. However, he said the greater risk to China’s reputation would be allowing the flotation to go ahead if it had truly identified regulatory problems.
A predecessor to Ant Group was spun out of Alibaba in 2011 but the latter retained a significant stake. New York-listed shares in Alibaba lost 6% on Tuesday.
His stakes in Alibaba and Ant Group have made Ma, a former English teacher, China’s richest man. Ant’s Alipay, launched in 2004, has more than 1 billion users in China, and its Yu’e Bao money market fund is one of the biggest in the world.
However, Chinese firms are also subject to regulation by the Communist party, which might be more cautious if it foresaw issues around a stock market float of Ant’s size, analysts said.
The move came a day after the financial tech company’s top executives including its founder, Chinese billionaire Jack Ma, were summoned to speak to regulators.
Details of the discussions were not published but a statement from the Shanghai stock exchange said Ant Group reported “changes to the financial technology regulatory environment and other major issues” in its meeting.
“This material event may cause your company to fail to meet the issuance and listing conditions or information disclosure requirements,” the stock market operator said in its statement to Ant. As a result it suspended the planned listing, prompting Ant to put the Hong Kong leg on hold as well.
China’s central bank issued new draft rules for online micro-lending on Monday that raised the amount of cash borrowers were required to hold. Ant Group owns Alipay, one of the dominant payment companies in China, alongside other subsidiaries including lenders to consumers and small businesses, a credit-scoring company and a healthcare payment products provider.
The suspension threatens to derail the biggest ever corporate fundraising just days after it attracted huge interest from institutional and retail investors across the world, with bids worth $3tn chasing $34bn (£22bn) worth of shares.
According to the original timetable Ant had been scheduled to list on the Hong Kong and Shanghai exchanges on Thursday.The listing had been expected to confirm Ant’s status as one of the world’s biggest companies by valuation, with an expected market value of more than $310bn before shares started trading. That would mean it would rival the valuation of JP Morgan, the world’s most systemically important bank.
As well as its significance for the company, the move was seen as a symbolic moment in China’s development as a financial centre, with one of the world’s biggest companies eschewing a New York listing, unlike its former parent company, Alibaba, the online retail company founded by Ma.
Meziane Lasfer, a professor of finance at City, University of London, said the lateness of the decision to suspend the listing could be harmful to China’s efforts to grow its financial sector. However, he said the greater risk to China’s reputation would be allowing the flotation to go ahead if it had truly identified regulatory problems.
A predecessor to Ant Group was spun out of Alibaba in 2011 but the latter retained a significant stake. New York-listed shares in Alibaba lost 6% on Tuesday.
His stakes in Alibaba and Ant Group have made Ma, a former English teacher, China’s richest man. Ant’s Alipay, launched in 2004, has more than 1 billion users in China, and its Yu’e Bao money market fund is one of the biggest in the world.
However, Chinese firms are also subject to regulation by the Communist party, which might be more cautious if it foresaw issues around a stock market float of Ant’s size, analysts said.
Among the various uncertainties in the global financial markets, Brexit
negotiations and the US presidential election are the most concerned. In
terms of Brexit, it is reported that the UK government will officially
withdraw from negotiations with the EU if a deal isn't achieved this
week. The British government has repeatedly stressed the seriousness of
the statement, with a deadline of October 15 (this Thursday) set by
Prime Minister Johnson. While both sides have acknowledged they are at
loggerheads, Johnson indicated that the country's trading arrangements
with the EU would be like Australia's if no deal was reached.To get more
news about WikiFX, you can visit wikifx official website.
Johnson's Internal Market Bill, which has passed its third reading in the Commons, is aimed to be an incentive for the EU to make concessions. But the Bill is a violation of the Brexit agreement signed earlier. The EU thus intends to take Britain to the International Court of Justice (ICJ). With that said, I believe the impasse can hardly find a break since the UK has tried to get concessions from the EU by breaking international law, and since the EU will be determined to sue the UK for the unacceptable illegal means. The pound may see a wide drop under selling pressures once the EU takes the UK to the ICJ immediately after the British government announces its withdrawal from the negotiations this Thursday.
In terms of the US presidential election, Trump failed to chalk up sympathy votes by his speedy recovery from COVID-19. Besides, his approval ratings haven't received any upside despite Vice President Pence's average performance in the television debate against another candidate. In this case, Trump is likely to fight back with unusual tactics, which may raise the uncertainty in the market and sentiment. As a result, the US dollar will have a chance to rally bolstered by the lasting risk aversion. Conversely, the pound may be dragged down by Brexit uncertainties. In the following week, the selling of the pound may be enduring unless Johnson dramatically makes significant concessions to resolve the crisis of hard Brexit. But in my opinion, to break the deadlock is difficult because the purpose of Johnson's Internal Market Bill is to force the EU to make concessions rather than doing so himself.
Johnson's Internal Market Bill, which has passed its third reading in the Commons, is aimed to be an incentive for the EU to make concessions. But the Bill is a violation of the Brexit agreement signed earlier. The EU thus intends to take Britain to the International Court of Justice (ICJ). With that said, I believe the impasse can hardly find a break since the UK has tried to get concessions from the EU by breaking international law, and since the EU will be determined to sue the UK for the unacceptable illegal means. The pound may see a wide drop under selling pressures once the EU takes the UK to the ICJ immediately after the British government announces its withdrawal from the negotiations this Thursday.
In terms of the US presidential election, Trump failed to chalk up sympathy votes by his speedy recovery from COVID-19. Besides, his approval ratings haven't received any upside despite Vice President Pence's average performance in the television debate against another candidate. In this case, Trump is likely to fight back with unusual tactics, which may raise the uncertainty in the market and sentiment. As a result, the US dollar will have a chance to rally bolstered by the lasting risk aversion. Conversely, the pound may be dragged down by Brexit uncertainties. In the following week, the selling of the pound may be enduring unless Johnson dramatically makes significant concessions to resolve the crisis of hard Brexit. But in my opinion, to break the deadlock is difficult because the purpose of Johnson's Internal Market Bill is to force the EU to make concessions rather than doing so himself.
The trading session for last week candle close below price handle level
1.56 has exposed this pair to further downside slip or selloff as that
zone was and is now looking as very strong supply zone having really
hold off bullish price action.To get more news about WikiFX, you can visit wikifx official website.
There may also be a false bullish flag pattern playing out as buyers could not push and close the price up past the previous week trading session swing high point and therefore further exposing not only the support line level of 1.55 but also the main lower trend line and now explicitly guiding momentum for bearish market speculators.
The 2 day chart below gives a good price action perspective for market participants interested to swing this trade with their defined limit orders and risk to reward parameters as set or defined as per their trading rules.
Of course, ones discretion and risk management is advised.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.
Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.
There may also be a false bullish flag pattern playing out as buyers could not push and close the price up past the previous week trading session swing high point and therefore further exposing not only the support line level of 1.55 but also the main lower trend line and now explicitly guiding momentum for bearish market speculators.
The 2 day chart below gives a good price action perspective for market participants interested to swing this trade with their defined limit orders and risk to reward parameters as set or defined as per their trading rules.
Of course, ones discretion and risk management is advised.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.
Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.
Prices of gold and silver saw a large retreat four weeks ago just after I
published the Negative Points of Buffetts Buying Gold-Mining Stocks.
Trends of precious metals are seemingly simple but yet proved to be
tricky.To get more news about WikiFX, you can visit wikifx official website.
As of this writing (September 24), spot gold prices have fallen from the all-time high of $2,075.00 to $1,853.50, a decline of 10.67%. Such a drop stems mainly from the upbeat expectations of financial markets on the available coronavirus vaccine, which pushes economic activities back on track. With the economy seeing the start of a pick-up, central banks unwind the pressure on monetary easing, thus gold prices are punished. Besides, as over ten countries have been delivering their gold reserves back from the U.S. and U.K., I suppose some countries are likely to dishoard gold for more cash amid the high gold prices, so as to ease their financial pressure in outbreak response.
The recovered U.S. dollar, of course, is the last factor depressing gold prices. Apart from the changes in the Fed‘s monetary policies, which have sent a rally to the greenback, the Fed officials also stated that the country’s interest rates would have a chance to rise early, fueling further gains for the DXY to breach above the $94 barrier. Moreover, considering the DXY outshines others at the expense of GBP and EUR, all the non-USD currencies, gold, and silver have seen varying degrees of correction.
In terms of catching gold prices, investors are recommended to eye the dollar rather than indiscriminately focusing on other topics. With the U.S. stocks remaining weak recently, the U.S. dollar has bottomed out due to the RSI divergence, which becomes another key affecting the dollars trends. The trends on the chart show that the current DXY is expected to reclaim the $95.716 level, putting correction pressures on gold prices and non-USD currencies in the short run. From my estimate, gold may challenge a lower level of $1,765.00 this time while the silver is highly like to further decrease to $19.648.
As of this writing (September 24), spot gold prices have fallen from the all-time high of $2,075.00 to $1,853.50, a decline of 10.67%. Such a drop stems mainly from the upbeat expectations of financial markets on the available coronavirus vaccine, which pushes economic activities back on track. With the economy seeing the start of a pick-up, central banks unwind the pressure on monetary easing, thus gold prices are punished. Besides, as over ten countries have been delivering their gold reserves back from the U.S. and U.K., I suppose some countries are likely to dishoard gold for more cash amid the high gold prices, so as to ease their financial pressure in outbreak response.
The recovered U.S. dollar, of course, is the last factor depressing gold prices. Apart from the changes in the Fed‘s monetary policies, which have sent a rally to the greenback, the Fed officials also stated that the country’s interest rates would have a chance to rise early, fueling further gains for the DXY to breach above the $94 barrier. Moreover, considering the DXY outshines others at the expense of GBP and EUR, all the non-USD currencies, gold, and silver have seen varying degrees of correction.
In terms of catching gold prices, investors are recommended to eye the dollar rather than indiscriminately focusing on other topics. With the U.S. stocks remaining weak recently, the U.S. dollar has bottomed out due to the RSI divergence, which becomes another key affecting the dollars trends. The trends on the chart show that the current DXY is expected to reclaim the $95.716 level, putting correction pressures on gold prices and non-USD currencies in the short run. From my estimate, gold may challenge a lower level of $1,765.00 this time while the silver is highly like to further decrease to $19.648.