Ant Group, the online payments arm of e-commerce giant Alibaba Group (BABA) – Get Report, revealed plans on Monday for an initial public offering of stock in both Hong Kong and Shanghai that could ……
Monthly Archives For July 2020
Jack Ma’s Ant Financial chooses Hong Kong and Shanghai for IPO
One of China’s biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story …)
Ant Group Is Said to Pick Banks for $10 Billion Hong Kong IPO
Ant Group, the parent of China’s largest mobile payment company, has picked China International Capital Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley for its Hong Kong initial public … ( read original…
Jack Ma’s Ant Seeks $200 Billion Value in Landmark Dual IPO
Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off a landmark coming-out party ……
Alibaba payments arm Ant to seek IPO in China and Hong Kong
said it would examine a dual listing on China’s Nasdaq-style STAR board as well as the Hong Kong stock exchange. Ant did not disclose the size of its planned IPO nor the timing. But the…
Latest China coronavirus outbreak spreads to second city
The latest outbreak of coronavirus in China has spread to a second city as authorities attempt to stop the virus from spreading. The Associated Press reported Monday that one of 17 cases of COVID ……
Jia Yueting’s Leshi, ‘China’s Netflix’, delists from Shenzhen exchange with a final market cap down 99.6 per cent from its peak
The company’s valuation sank to 718 million yuan (US$102.7 million) on its final day of trading, from an all-time high of 170 billion yuan in 2015. ( read original story …)
Analyzing Impacts Of COVID-19 On Blockchain Market Effects, Aftermath and Forecast to 2026
The Blockchain market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The global Blockchain market report is a…
China’s movie theaters are back in business
China’s massive box office began to reopen on Monday after the coronavirus pandemic spurred a shutdown lasting roughly six months. ( read original story …)
Revealed: NHS denied PPE at height of Covid-19 as supplier prioritised China
Disclosures call into question UK’s reliance on ‘just in time’ logistics during pandemic … ( read original story …)
Coronavirus: Beijing opens up after containing virus cases as Xinjiang tries to shut down new outbreak
Beijing has announced it will lower its emergency response to Covid-19 from Monday after containing an outbreak of coronavirus that hit the city last month. The Chinese capital, where only one … ( read original…
East China Sea Tensions: Beijing Demands Japanese Boats Stay Away From Disputed Islands
Scuffles between China and Japan over the Senkaku/Diaoyu Islands have been occurring since 1895. The latest back and forth was a complaint by China over Japanese fishing boats that they say were … ( read…
Commentary: Beijing’s anti-coronavirus progress encouraging for world
A staff member disinfects a waiting room of Beijing Railway Station in Beijing, capital of China, June 18, 2020. (Xinhua/Chen Zhonghao) BEIJING, July 20 (Xinhua) — Beijing lowered the emergency … ( read original story…
