as the company aims to accelerate its offerings to customers in China and abroad. Ant did not disclose the size of its planned IPO nor the timing. But the Hangzhou-based company is already valued ……
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Taiwan does not want China’s ‘one country, two systems,’ president says
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Trump, Xi and the U.S.-China Relationship
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Recent Posts
Alibaba’s Ant financial unit to seek IPO in China and Hong Kong
Jack Ma’s Ant Plans Simultaneous IPOs in Hong Kong, Shanghai
Billionaire Jack Ma’s Ant Group is kicking off its much-anticipated initial public offering, with plans to list simultaneously in Hong Kong and on China’s new tech bourse in Shanghai. ( read original story …)
Shenzhen Mulls Protections for Public Health Whistleblowers
Shenzhen is considering a regulation that would protect whistleblowers who sound the alarm about potential public health emergencies, the government of the southern Chinese city announced Sunday. ( read original story …)
China slams Britain’s comments on Uighurs as ‘slander’
China hit back on Monday at comments by Britain’s foreign secretary that accused Beijing of “gross” human rights abuses against ethnic and religious minorities in the northwest region of Xinjiang. Rig … ( read original…
TikTok: We are not ‘under the thumb’ of China
But the US is considering banning TikTok and may only allow it to keep operating if it splits from China and becomes an American company. US Secretary of State Mike Pompeo – who i ……
With a U.N. Veto, Russia and China Add to Syria’s Misery
Moscow and Beijing are callously restricting humanitarian aid to Syria’s suffering civilians as part of their campaign to prop up Bashar al-Assad. ( read original story …)
Standard Chartered to Add 1,600 Staff at New Bank Center in China
Standard Chartered Plc plans to add more than 1,600 staff over the next three years at a new center in southern China as the nation aims to transform the coastal region near Hong Kong into…
China science, technology news summary — July 20
The following is a summary of published science and technology news of China. BEIDOU IN AGRICULTURAL PRODUCTION. The BeiDou Navigation Satellite Syste … ( read original story …)
Chinese Electric Vehicles Maker Xpeng Raises $500M After Reports Of US IPO
Xpeng Motors Technology Ltd. said it raised nearly $500 million in a Series C+ funding round, even as electric vehicle sales see a slump in mainland China. What Happened Investors that participated in … (…
Tomorrow Group-linked shares tumble after China seizes affiliated financial firms
Shares in two companies with connections to troubled Chinese conglomerate Tomorrow Holdings Co Ltd slumped on Monday after regulators seized control of nine firms affiliated with the group. ( read original story …)
Geopolitical tension between Australia and China is a top risk for businesses
Despite existing concerns over bilateral tensions, Australian companies in China are focused at the moment on recovery from the coronavirus pandemic, says Nick Coyle, CEO and executive director at the … ( read original story…
Shenzhen seeks to protect ‘whistle-blowers’ in public health emergency
Huaqiangbei, a renowned commercial area in Shenzhen for electronics markets, has set up some 100 tents outdoor for commercial tenants to help them resume businesses with epidemic prevention and … ( read original story …)
Shanghai stocks jump more than 2% as China keeps benchmark lending rate unchanged
China kept both its one-year and five-year loan prime rate unchanged as its economy continued to recover after reopening following the coronavirus crisis. ( read original story …)
