“We do not set a concrete timeline for the IPO,” said the company in a text reply to China Daily. Ant Financial-which owns a digital wallet service, a wealth management fund, and a micro loan…
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Beijing says Japan ‘walking on edge’ over Taiwan Strait
Bosideng blends film and fashion at Beijing festival
U.S. intelligence detects signs China is weighing giving Iran advance radar systems
China ramps up Iran peace push ahead of high-stakes Xi-Trump summit
China turns Taiwan’s own voices against it in information war
Xi hosts slew of world leaders in Beijing as Trump fights with allies
What is China’s X-Band radar system? Beijing mulls giving Iran its advanced game-changer tech
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No timetable set for Ant Financial listing
China Pumps $24.7 Billion Into Financial System — Update
SHANGHAI – China’s central bank made its biggest one-day cash injection into the country’s fragile financial markets in nearly four months Tuesday, a fresh sign that Beijing is trying to mitigate the damage to investor…
As China Pumps Liquidity, Concerns Over Financial Tightening
As China is reported to have pumped $24.7 billion of liquidity into its financial system Tuesday to boost investor confidence, an HSBC report dives deeper into concerns regarding financial tightening among Chinese economic thinkers. On…
China capable of maintaining financial market stability: Premier Li
Chinese Premier Li Keqiang said Sunday the country is capable of maintaining financial market stability and warding off regional and systemic financial risks. China will strike a balance between financial stability, gradual deleveraging and stable…
New Bank Serves As Financial Catalyst For Central Asia’s “Belt And Road” Development
Regional experts believe the reluctance of the United States, EU and others to give Beijing more of a say in the operations of existing financial institutions was a significant factor in prompting China to push…
China moves to expand DNA testing in Muslim region
China appears to be laying the groundwork for the broad collection of DNA samples from residents of a restive, largely Muslim region that’s been under a security crackdown, rights observers and independent experts said Tuesday.…
Global firms to China: Put new cyber rules on hold
One of the biggest concerns about the new rules is China’s plan to conduct security reviews of technology products, which the letter describes as “trade-inhibiting.” It also argues that the requirements on issues ranging from…
Report: Alibaba's Ant Financial to Delay IPO
The market has been awaiting the IPO of Ant, which as of April of last year had a valuation … If the financial arm of Alibaba wants to be listed outside of China, it needs…
Chinese Celebrity-Backed Fintech Firm QuantGroup Considering US IPO
is considering a US IPO, according to an article published in Bloomberg last week. The firm is looking to raise an estimated $200 million according to unnamed sources. The Beijing-based QuantGroup is a financial services…
China state firms set up 150 billion yuan fund to invest in new technologies: Xinhua
China has been encouraging its industrial firms to rise up the value chain through technical innovation and tougher efficiency standards, with the aim of creating globally competitive conglomerates. China’s state council in August approved a…
China's fondness for pirated software raises risks in attack
China has long been a global centre for unlicensed copying … The authorities have tightened legal controls on data but foreign business groups say such restrictions will limit market access for foreign security products and…
China seen sacrificing some growth to reduce debt risks
After clocking 6.9 percent in the first quarter thanks to spending on infrastructure and a property boom that policymakers want to rein in, analysts surveyed by Reuters reckon economic growth will just about make Beijing’s…
China, India dominate coal ownership amid divestments: Report
Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday. The report, by British-based…