Here’s what you need to know about CZ’s $96B net worth, Jan. 6–13

Here’s what you need to know about CZ’s $96B net worth, Jan. 6–13

Binance CEO Changpeng Zhao, also known as “CZ,” is now the world’s 11th richest person, according to Bloomberg. The crypto entrepreneur has amassed a $96 billion fortune on the back of his booming exchange business and the rapidly appreciating value of Binance Coin (BNB).CZ’s wealth offers a startling reminder of just how lucrative crypto has … Read more

Chinese COVID-19 vaccine developer Clover raised $240 mln net proceeds in Hong Kong IPO

Chinese COVID-19 vaccine developer Clover raised $240 mln net proceeds in Hong Kong IPO

BEIJING, Nov 5 (Reuters) – Chinese COVID-19 vaccine developer Clover Biopharmaceuticals said on Thursday it raised $240 million in net proceeds in an initial public offering (IPO) of shares in Hong Kong.Based on the offer price of HK$13.38 ($1.72) per share, the net proceeds from the IPO, after deduction of underwriting fees and other expenses, … Read more