The investment would have increased Cinda’s interest in Chongqing Ant Consumer Finance Co Ltd to 24%, making the asset manager its second-biggest investor. Cinda already owns a 4% stake in the Ant …
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China’s Cinda scraps $944 million investment into Ant’s consumer finance unit
‘The Ingraham Angle’ on Democrats’ 2024 ‘power ticket,’ American elites putting China first
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Luge preview: A long, winding road took US to Beijing Games
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Big Brands Are Still Working With This Clothing Company Closely Tied To Xinjiang, Where Forced Labor Is Rampant
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U.S. Dismisses China’s Claims in South China Sea in State Department Report
The 44-page report finds China’s vast maritime claims in the South China Sea to be inconsistent with international law.
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Bank of China Released Report on Global Asset Allocation Strategy: A-shares and H-shares are Recommended
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China Development Bank receives first funds through carbon reduction tool
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Chinese Economist Suggests China Spend More to Boost Its Birthrate—and Is Blocked From Social Media
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China’s Cinda scraps $944 mln investment into Ant’s consumer finance unit
China Cinda Asset Management said on Thursday it plans to scrap an agreement to buy a 20% stake in the consumer finance arm of Ant Group, worth 6 billion yuan ($943.83 million).
