With a name belying its giant ambitions, China’s Ant Group on Tuesday launched a history-making $34 billion IPO in Hong Kong and Shanghai. Backed by Jack Ma, China’s richest man who founded the … (…
Tagged By beijing
Chinese companies are leading the global IPO rush amid a ‘flight from uncertainty’
Greater China stock exchanges accounted for 45% of global IPOs in the first three quarters of the year, according to CNBC analysis of data from EY. ( read original story …)
Ant Group IPO To Rocket Alibaba Founder Jack Ma’s Wealth
Chinese tech titan Jack Ma is set to become the world’s 11th richest person after the financial arm of his e-commerce titan Alibaba raises billions in a mammoth public listing, according to the … (…
China reports surge of asymptomatic coronavirus cases in Xinjiang
China reported the highest number of asymptomatic novel coronavirus infections in nearly seven months on Monday following the discovery of a cluster of cases linked to a garment factory in the … ( read original…
China is testing millions of people in Xinjiang for Covid-19 after one asymptomatic case found
China has rolled out mass coronavirus testing for nearly 5 million people and imposed lockdown measures in the prefecture of Kashgar in the far western region of Xinjiang, after a single asymptomatic … ( read…
Ant IPO By the Numbers: It’s Bigger Than Finland’s GDP
The 2008 Beijing Summer Olympics opening ceremonies began at 8 p.m … which is down 8% over that period. Ant’s IPO was expected to attract investors from all over the world and that’s borne out…
Hong Kong leader to visit Beijing to discuss plans to revive economy
Hong Kong leader Carrie Lam will travel to Beijing next week for a three-day visit to discuss plans to revive the global financial hub’s economy which has been battered by the COVID-19 pandemic and ……
China’s NEV sales to account for 50% of all new sales by 2035, industry body says
Sales of new energy vehicles (NEV) will make up 50% of overall new car sales in China, the world’s biggest auto market, by 2035, an industry official said on Tuesday. ( read original story …)
China will impose sanctions on Boeing and Lockheed Martin over Taiwan arms sales
Beijing said Monday that it will impose sanctions on American companies — including Lockheed Martin, Boeing, and Raytheon — that have been involved in selling weapons to Taiwan. ( read original story …)
Why China Evergrande’s Investors Can’t Afford to Force a Default
To understand why some of China Evergrande Group’s strategic investors agreed to throw the embattled developer a $13 billion lifeline last month, look no further than their own sources of revenue. ( read original story…
Shenzhen’s office landlords offer leisure areas, huge pantries as they compete to woo tech firms amid record vacancy levels
Landlords of premium office space in Shenzhen are having to go beyond cutting rents to lure tenants, providing customised facilities flexible arrangements to attract the fast-expanding tech firms as … ( read original story …)
China to sanction Lockheed, Boeing and Raytheon over Taiwan arms sale
Chinese officials said Monday they would sanction three D.C.-area defense and commercial air contractors over a proposed sale of $1.8 billion in missile and reconnaissance technology to Taiwan. ( read original story …)
South China Sea WAR: Philippines warned of brutal Beijing clashes with maritime militia
THE PHILIPPINES have been warned clashes between Chinese and Filipino’s will ramp up with the country’s new militia, in the latest flashpoint in the South China Sea. ( read original story …)
ADVERTISEMENT
