Ant’s biggest and most popular business is Alipay, the largest player in China’s 430 trillion yuan ($62 trillion) third-party mobile payments market, according to market researcher Qianzhan. The huge … ( read original story …)
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Recent Posts
Biggest IPO in history? China’s Ant could trump Saudi Aramco’s $29.4bln
Goldman joins syndicate for what’s set to be the world’s largest IPO
(NYSE:GS) has joined the growing list of investment banks working on Ant Group’s mammoth initial public offering, which will list simultaneously in Hong Kong and Shanghai (Goldman also acted as a … ( read original…
China tries to woo wary foreign firms with market access to offset US decoupling
Central bank deputy governor promises a more open financial system as hawks in Washington press for disengagement. ( read original story …)
Chinese ‘corona-tech’ startups raising big money
TOKYO — Funding in private companies in China from January through June was concentrated in medicine and health care, as well as “corona-tech” companies that have developed online solutions in … ( read original story…
Would Biden get ‘tough’ on China?
When he was vice president, Biden and other officials had a more optimistic view of Beijing. His outlook has evolved, as has the consensus in Washington. ( read original story …)
Countryside fit for a superpower? Inside China’s colossal rural revamp
Beneath the veneer of Xi Jinping’s ambitious agricultural plan farming communities remain marred by homelessness, poverty and unstable markets … ( read original story …)
Would Biden ease up on China?
When he was vice president, Biden and other officials had a more optimistic view of Beijing. His outlook has evolved, as has the consensus in Washington. ( read original story …)
China’s post-Covid-19 travel industry sees green shoots with tourists embracing short trips, luxury stays in lessons for global operators
The recovery of China’s US$1 trillion travel industry from the coronavirus pandemic could hold valuable lessons for countries that depend heavily on tourism. ( read original story …)
Exclusive: 90% of China’s Sinovac employees, families took coronavirus vaccine, says CEO
About 90% of Sinovac Biotech Ltd employees and their families have taken an experimental coronavirus vaccine developed by the Chinese firm under the country’s emergency use programme, its chief … ( read original story …)
Hangzhou, home to China’s new billionaires, gets a dose of property-cooling measures as peak demand looms
The city of many tech billionaires gets a dose of market-cooling measures after similar efforts in Shenzhen and Nantong near Shanghai. ( read original story …)
Beijing CBD shines bright as enterprise hub
Dubbed “a diamond studded on the Third Ring Road”, Beijing’s central business district has evolved over a few decades from an industrial base rolling out refrigerators and motor vehicles into a … ( read original…
China to expand stock connect programme as it looks to speed up opening of its financial markets
The stock connect programme linking mainland exchanges with Hong Kong will be expanded to allow foreign investors to trade more commodities futures products. ( read original story …)
Nothing to see: COVID origins off-limits as China’s Wuhan touts recovery
The Huanan seafood market in the Chinese city of Wuhan, believed by many to be the origin of the COVID-19 pandemic, is sealed behind a blue perimeter fence. A large team of security staff chases…
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