The ₹6,500 IPO of Hyderabad-based Gland Pharma is now open for subscription. The company is backed by China’s Fosun Pharma, making it one of the biggest offerings by a company with a Chinese parent in…
BUSINESS
Why China Stepped On The Ant Group (Part 1): To Stop A Bubble
The most shocking, market-impacting event this week was not the US election. It was the news that the Chinese government decided to step on an ant… specifically, on the Ant Group – China’s fintech ……
China’s luxury shoppers call in the tidy teams
The discovery of a Burberry jacket she does not recall buying proved to Chen Rui that she was right to have brought in experts to manage her out-of-control luxury wardrobe. ( read original story …)
Why China Stepped On The Ant Group – (Part 1) A Bubble Looming
The most shocking, market-impacting event this week was not the US election. It was the news that the Chinese government decided to step on an ant… specifically, on the Ant Group – China’s fintech ……
Blockchain Insurance Market May see a Big Move | Major Giants AXA, Blue Cross, IBM
Global Blockchain Insurance Market Size, Status and Forecast 2019-2025 is latest research study released by HTF MI … ( read original story …)
Beijing just yanked Ant Group’s IPO to show Jack Ma who’s really in charge
Hong Kong ()Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the … ( read original…
Luxury brands flock to CIIE eyeing potential of Chinese market
Gucci stores in many Chinese cities cut their prices by 50 percent during a sales promotion in May. Photo: IC From Cartier to Gucci, international luxury brands have showcased their latest collections … ( read…
2 Chinese IPOs to Add to Your Watch List
Here are two Chinese IPOs that should make it onto your watch list. KE Holdings Inc. ( NYSE:BEKE) is one of the biggest Chinese technology companies that most investors have never heard of. Also known…
Ant was heading for a record-breaking $37 billion IPO before its dreams were dashed by Chinese regulators, and experts say it may no longer be the hailed fintech disruptor the …
Experts told Business Insider that Jack Ma’s incendiary comments blasting China’s banking rules played a role in the nation’s crackdown on Ant’s IPO. ( read original story …)
Luxury brands flock to CIIE eyeing the potential of Chinese market
From Cartier to Gucci, international luxury brands are showcasing their latest collections in the consumption exhibition hall of the third China International Import Expo (CIIE), turning it into one … ( read original story …)
China Rich List 2020: 68 Newcomers Include The Country’s First Vaping Billionaire And 22 Healthcare Fortunes
On Forbes’ new list of China’s 400 richest people, newcomer billionaires built fortunes in everything from e-cigarettes to e-commerce. They join the ranks of China’s wealthiest on the back of a … ( read original…
How Jack Ma lost his spot at China’s business top table
Regulators and rivals have been lobbying against Ant Group’s growing dominance in payments and lending for some time … ( read original story …)
Money Reimagined: Crypto-Informed Ideas for the Future of Government
We need government built for the modern, internet age, which favors transparency, accountability and efficiency. ( read original story …)
