Ant Group’s highly anticipated IPO has been abruptly suspended following a meeting between the company’s billionaire co-founder Jack Ma and regulators in China. ( read original story …)
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Ant Group: China pulls the world’s biggest IPO after dust up with Jack Ma
Ant Group’s record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with China regulators
A supervisory meeting and changes in regulatory technology environment have disqualified Ant Group from listing on the exchange. ( read original story …)
China’s Ant Group Postpones IPO Under Regulatory Pressure
China’s Ant Group on Tuesday suspended its record-breaking IPO in both Hong Kong and Shanghai as the fintech giant faces growing pressure from Chinese regulators over potential risks. The firm’s … ( read original story…
China postpones Ant’s colossal IPO after closed-door talk with Jack Ma
The Shanghai Stock Exchange announced postponing Ant Group’s colossal initial public offering, a day after regulators weighed a slew of new fintech rules and summoned Jack Ma and other top executives … ( read original…
China Halts Ant Group’s Blockbuster I.P.O.
The Shanghai Stock Exchange postponed the offering one day after regulators summoned Jack Ma and other executives of the financial technology giant. ( read original story …)
INSTANT VIEW-China halts Ant Group’s mega IPO
The Shanghai and Hong Kong stock exchanges on Tuesday suspended Ant Group’s IPO, which was initially set for Thursday, in a stunning setback for what was on track to be the world’s largest-ever share ……
China’s E-commerce Start-Up iDS BuyBuyBuy Raises $40 Million
It serves as an exclusive partner for an increasing amount of overseas niche beauty and healthcare brands to enter the Chinese market. ( read original story …)
China Suspends Jack Ma’s Ant Group Shanghai IPO After Warning
China has suspended the Shanghai leg of Ant Group Co.’s $35 billion offering, potentially derailing the world’s biggest initial public offering. ( read original story …)
China sent a half-million tons of food to North Korea, report says
China is quietly ramping up food assistance to North Korea and may have sent as many as 600,000 tons of grain this year, according to a Japanese press report. ( read original story …)
China keeps 20 per cent sales target for home-grown electric cars by 2025, calling controversial industrial plan by another name
The Made in China 2025 plan charted China’s ambitions to lead the world in 10 key areas of technology by the middle of the next decade, from 5G telecommunications to artificial intelligence and … (…
China’s Xi Warns of Rising Risks as Party Charts Course for Five Years
Chinese President Xi Jinping, commenting on the ruling Communist Party’s recommendations for the next five years, said on Tuesday said the country faces a significant increase in risks. Xi and the … ( read original…
China manufacturing: Stanley Black & Decker shuts Shenzhen factory as costs soar
Sudden closure after 25 years in the community reflects Shenzhen’s transition from manufacturing base to tech hub, but other factories are quick to swoop in and recruit those who have lost jobs. ( read original…
China’s Risky Bet on a Lonely Return to Greatness
China is facing growing hostility abroad. To offset that, the country will need the kind of tough reforms the West and its allies have long asked for—or make a major political course correction to ……
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