Ant Group — the crown jewel of billionaire Jack Ma’s tech empire — is one step closer to its highly anticipated market IPO in Shanghai and Hong Kong. ( read original story …)
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Recent Posts
Ant Group IPO gets the green light from regulators for its blockbuster listing
Direct sales model opens opportunities for Chinese brands
Chinese consumer-facing brands are trying to cut reliance on Taobao and Amazon. Direct sales are an alternative to reliance on platforms. ( read original story …)
Exclusive: Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources say
HONG KONG (Reuters) – China’s top ride-hailing firm Didi Chuxing is considering … 0700.HK>, has started initial talks with investment banks for the long-awaited IPO, according to three people. It’s … ( read original story…
Factbox: China’s growing niche buyers of liquefied natural gas
As newly formed PipeChina starts opening access to China’s gas infrastructure this month, a group of firms outside China’s national energy champions are set to become significant importers of … ( read original story …)
Citigroup Beefs Up China Expansion With Investment Bank Plan
Citigroup Inc. is planning to include an investment banking unit in China to take advantage of an expected steady stream of big stock deals as the nation opens up and liberalizes its financial markets ……
As rivalry with Washington heats up, Beijing commemorates ‘victory’ in ‘war to resist US aggression’
Chinese leader Xi Jinping will attend an event commemorating China’s entry into the Korean War, capping a week of events, and jingoistic saber-rattling in Chinese state media and official propaganda. ( read original story …)
China commemorates ‘victory’ in ‘war to resist US aggression’ as rivalry with Washington heats up,
On Friday, Chinese leader Xi Jinping will attend an event commemorating China’s entry into the Korean War, capping a week of events, and jingoistic saber-rattling in Chinese state media and official … ( read original…
You Can Now Get a COVID-19 Vaccine in China. That Might Not Be a Good Thing
A staff member works during a media tour of a new factory built to produce a COVID-19 coronavirus vaccine at Sinovac, one of 11 Chinese companies approved to carry out clinical trials of potential ……
Bad faith: China’s ‘underground’ Catholics wary of Vatican deal
A secretive 2018 agreement between Beijing and the Vatican is on the brink of renewal, despite strident US condemnation and warnings from underground Chinese priests loyal to Rome that they have only … ( read…
In China, Not All Triple-A-Rated Bonds Are Created Equal
A bond ratings, a trend that has continued this year despite the coronavirus pandemic and greater borrowing by companies in the world’s second-largest economy. ( read original story …)
Obama jokes about Trump’s taxes, Chinese bank account: Fox News ‘would have called me Beijing Barry’
Former President Barack Obama had a little fun on Wednesday during his drive-up rally for Democratic presidential nominee Joe Biden, telling the crowd in Philadelphia that he doesn’t think a certain … ( read original…
Fujifilm partners Shanghai firm to seek China COVID-19 approval for Avigan
Fujifilm Holdings Corp said on Thursday it has partnered with Carelink Pharmaceutical Co to sell its anti-influenza drug Avigan in China. Avigan, known generically as favipiravir, has also been … ( read original story …)
Listing by China’s biggest investment bank, first flotation of Chinese depositary receipts in Shanghai set stage for Ant dual IPO
All eyes are on Shanghai, where four out of five initial public offerings are due this week in China, including the country’s very first sale of Chinese depositary receipts. ( read original story …)
