China regulator gets Xiaomi’s IPO application: CSRC website

(Reuters) - China’s securities regulator has received on June 7 application from smartphone and connected device maker Xiaomi for its initial share offering in China, a filing on the regulator’s website showed. Xiaomi, which submitted its IPO ... ( read original story ...)

Crypto’s 32-Year-Old Billionaire Mining King Considers an IPO

any estimate of the Beijing-based company’s value -- and its owners’ wealth -- inevitably involves a lot of guesswork. But that could be about to change. An IPO would not only open Bitmain’s books to the world, it would also allow the stock market to ... ( read original story ...)

China’s Property Market: Bubble or Balloon?

Despite long-running international concerns about China’s property “bubble,” the market has proven quite resilient. The Chinese government has instituted various austerity measures to cool the market, but buoyant demand for property has helped avoid ... ( read original story ...)

China’s Ant Financial says raises $14 billion in funding round

SHANGHAI (Reuters) - Ant Financial Services Group, operator of China's biggest online payment platform by market share, said on Friday it had raised around $14 billion from investors including Singapore's sovereign fund and U.S. private equity firm Warburg ... ( read original story ...)

Ant Financial Raises $14 Billion as Latest Funding Round Closes

China’s Ant Financial, the payments giant controlled by Jack Ma, raised about $14 billion in its latest funding round as it accelerates the expansion of Alipay globally and develops new technology. The funding makes Ant the world’s largest fintech firm ... ( read original story ...)