Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group’s mammoth initial public offering of up to $30 billion, two people with direct … ( read original…
Monthly Archives For September 2020
Asia stocks set to trade lower as U.S.-China tech tensions rise; Chinese August trade data expected
Investors will watch shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest manufacturer of semiconductors, after a Defense Department spokesperson said the Trump … ( read original story …)
Goldman Sachs among banks working on $41b Ant IPO
HONG KONG • Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology company Ant Group’s mammoth initial public offering (IPO) of up to US$30 billion (S$41 … ( read…
China regulators vow to expand stock connect in further market opening
Chinese regulators vowed to accelerate the opening up of its capital markets and deepen reforms to attract more foreign investors. ( read original story …)
Trump administration looking at banning business with China’s largest chipmaker
The U.S. government is reportedly looking at adding Semiconductor Manufacturing International Corporation, China’s largest chip maker, to its trade blacklist. ( read original story …)
Cryptocurrency: the next battleground in the US-China rivalry
The emerging threat to the global hegemony of the US dollar is e-currencies, and Beijing’s huge head start could put it in control of the world’s financial structure … ( read original story …)
Joe Biden’s China Journey
As a United States senator, he spoke of transforming China through trade. As a presidential candidate two decades later, he denounces it as a “dictatorship.” … ( read original story …)
China may trim its U.S. Treasury holdings as tensions simmer, U.S. debt swells
As tensions between the U.S. and China continue to roil, speculation that China will reduce its holdings of U.S. ( read original story …)
China imposes new visa restrictions targeting US media
In the latest round of tit-for-tat between Beijing and Washington targeting each other’s media outlets, Chinese authorities have imposed new visa restrictions on foreign journalists working for US … ( read original story …)
China Freezes Credentials for Journalists at U.S. Outlets, Hinting at Expulsions
CNN, The Wall Street Journal and Getty Images are affected. Chinese officials told journalists their fate depends on what the Trump administration does to Chinese media employees. ( read original story …)
China wants to decouple from US tech, too
After weeks of watching US president Donald Trump pressure Chinese tech company ByteDance to sell its social media app TikTok to Microsoft, Beijing struck back, using one of Mr Trump’s own weapons of … (…
Biggest IPO in history? China’s Ant could trump Saudi Aramco’s $29.4bln
Ant’s biggest and most popular business is Alipay, the largest player in China’s 430 trillion yuan ($62 trillion) third-party mobile payments market, according to market researcher Qianzhan. The huge … ( read original story …)
Goldman joins syndicate for what’s set to be the world’s largest IPO
(NYSE:GS) has joined the growing list of investment banks working on Ant Group’s mammoth initial public offering, which will list simultaneously in Hong Kong and Shanghai (Goldman also acted as a … ( read original…
