Chinese regulators had ordered Ant Group to restructure before allowing the fintech giant to complete its record-breaking $35 billion IPO.
Posts By admin
Morgan Stanley economist: New regulations to reset China’s economy
These new measures indicate “a significant moment in the history of China’s economy and capital market,” said Robin Xing, Chief China Economist of Morgan Stanley. Behind the regulatory reset is …
Private China Refiners Grab Barrels
Chinese independent oil refiners returned to the physical crude market in recent weeks, aiding a recovery in Asian demand after a government crackdown on the sector had spurred buyers to scale back …
China mining shock may not be over yet, experts suggest
Earlier this year, the Chinese government took the momentous step to ban any crypto mining operations based within its borders, causing a massive exodus of hashing power — 168 exa hashes per second …
Updated vaccines, COVID-19 drugs to be unveiled at China services fair held with stringent epidemic control
Chinese vaccine producers will unveil their most advanced products, including updated vaccines that can resist coronavirus mutations, and promising COVID-19 drugs at the 2021 China International Fair …
Jackie Chan, Jet Li Blacklist Rumors Swirl Amid China Celebrity Crackdown
A little-known Chinese director has gained something of a cult following on Douyin—China’s version of TikTok—after claiming the country’s entertainment industry crackdown could reach A-list stars like …
China’s government cracks down on how long minors can play online video games
The Chinese government announced new stricter rules for minors playing online video games. Anyone under the age of 18 will now be barred from playing the games Monday through Thursday and will be …
China to Step up Financing Support for Small Firms
China will boost financing support for small firms by increasing annual relending quotas by 300 billion yuan ($46.39 billion), the cabinet said on Wednesday. China will step up support for small- and …
China Offers Funds to Banks to Boost Loans to Small Firms
China’s central bank will provide 300 billion yuan ($46.4 billion) of low-cost funding to banks to help them offer more support to small and medium-sized companies, as Beijing tries to cushion its …
INTL AL CONF: China on track to import world’s surplus alumina in 2021 – Alumina Ltd
Speaking at this year’s Fastmarkets International Aluminium Conference, Wood said: “Over the 2021 year, we expect a total of 3 million tonnes of alumina to be imported by Chin …
China Could Grab Europe’s Mass Market For Electric Cars Unless EU Acts
Europe’s market for small electric cars be dominated by China unless swift action is taken by the European Union (EU) to allow manufacturers to profitably provide cheap vehicles for the mass market, …
China launches new probe into Meituan’s acquisition of bike-sharing firm
China’s market regulator said it was probing the food delivery firm after it failed to report the deal in an antitrust review, reported KrAsia.
Chinese experts refute US criticism over reported closure of business group in China
Chinese experts on Wednesday refuted US accusations against China’s regulatory environment after a US business group in Chengdu, Southwest China’s Sichuan Province was reportedly shut down, saying …
ADVERTISEMENT
