Billionaire Jack Ma’s Ant Group is kicking off its much-anticipated initial public offering, with plans to list simultaneously in Hong Kong and on China’s new tech bourse in Shanghai. ( read original story …)
Monthly Archives For July 2020
Coronavirus cases pass 14.4 million worldwide; Beijing eases restrictions after no new cases
US deaths from COVID-19 surpassed 140,000 with the number of cases passing 14.4 million worldwide and the global death toll tops 604,000. ( read original story …)
China urges UK not to go down ‘wrong path’ of Hong Kong sanctions
Raab expected to suspend UK’s Hong Kong extradition treaty due to security crackdown … ( read original story …)
UK will announce changes to extradition arrangements with China, says Johnson
Britain is to announce changes to its extradition arrangements with China and Hong Kong on Monday, Prime Minister Boris Johnson said, citing concerns over new national security laws imposed on the … ( read original…
Cinemas in China begin to reopen after six-month coronavirus closure
Some cinemas in Chinese cities from Shanghai to Chengdu reopened on Monday after a six-month closure, raising hope that the world’s second largest movie market can start to recover from painful losses … ( read…
China operators pass 100M 5G subscribers
China’s two largest mobile operators ended June with 108 million 5G subscribers, after adding a combined 22.4 million during the month. China Mobile picked up 14.6 million, closing the month with 70.2 … ( read…
China uses technology to wipe out Uyghurs
Over the years China has remodelled its tactics to wipe out the Uyghur community. In recent years, the Beijing government has begun using technology to conduct its own kind of genocide. ( read original story…
China’s Chipmaker Mania Grows With Cambricon Surging 350% on Debut
Chinese chipmakers have surged in the past year, boosted by Beijing’s support for self-sufficiency in semiconductors and as adoption of 5G and artificial intelligence prove resilient amid the pandemic … ( read original story …)
Crypto News Recap: Twitter Biggest Hack, Asia Embraces CBDC
China Plans to Test Digital Yuan on Food Delivery Platform Backed by Tencent Holdings Ltd. In a significant step towards crypto adoption, the People’s Bank of China (PBoC) is currently planning to … ( read…
Alibaba’s Ant Group Starts Concurrent IPO Process in Shanghai, Hong Kong
Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, said on Monday that it had started the process of a concurrent initial public offering on Shanghai’s Nasdaq-style Star Market and the … ( read…
Alibaba’s Ant financial unit to seek IPO in China and Hong Kong
as the company aims to accelerate its offerings to customers in China and abroad. Ant did not disclose the size of its planned IPO nor the timing. But the Hangzhou-based company is already valued ……
Jack Ma’s Ant Plans Simultaneous IPOs in Hong Kong, Shanghai
Billionaire Jack Ma’s Ant Group is kicking off its much-anticipated initial public offering, with plans to list simultaneously in Hong Kong and on China’s new tech bourse in Shanghai. ( read original story …)
Shenzhen Mulls Protections for Public Health Whistleblowers
Shenzhen is considering a regulation that would protect whistleblowers who sound the alarm about potential public health emergencies, the government of the southern Chinese city announced Sunday. ( read original story …)
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