China’s massive box office began to reopen on Monday after the coronavirus pandemic spurred a shutdown lasting roughly six months. ( read original story …)
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Jack Ma’s Ant Seeks $200 Billion Value in Biggest IPO in Years
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 …)
Crypto News Recap: Twitter Biggest Hack, Asia Embraces CBDC
China Plans to Test Digital Yuan on Food Delivery Platform Backed by Tencent Holdings Ltd. In a significant step towards crypto adoption, the People’s Bank of China (PBoC) is currently planning to … ( read…
Alibaba’s Ant Group Starts Concurrent IPO Process in Shanghai, Hong Kong
Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, said on Monday that it had started the process of a concurrent initial public offering on Shanghai’s Nasdaq-style Star Market and the … ( read…
Alibaba’s Ant financial unit to seek IPO in China and Hong Kong
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 ……
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 …)
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 … (…
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…
China: In School, No Masks, And A Runaway Stock Market
China: healthy. Rest of world. Sick, sicker and getting sick of China. Wall Street, meanwhile, sees the best market in the world right now. ( read original story …)
Any China-Iran Deal Will Be Mostly About Business
Esfandyar Batmanghelidj is the founder of Bourse & Bazaar, a media company that supports business diplomacy between Europe and Iran through publishing, events and research. Last week, an 18-page … ( read original story …)
GOP Senator Proposes Bill to Block American Companies from ‘Giving In’ to China
Louisiana Senator John Kennedy said Sunday he is drafting legislation to prohibit American companies from “giving in” to Chinese government rules on doing business. ( read original story …)
Week In Review: China Life Science Announces $5 Billion In Deals, A Weekly Record
BeiGene will develop a portfolio of Amgen cancer drugs in China. Hangzhou Tigermed (SHZ: 300347), a clinical CRO, has been approved to stage an IPO on the Hong Kong exchange that could raise up to…
Former Wall Street Trader Seeks to Make Sense of Crypto World
They want to explore the ecosystem and find ways to participate — and often ask for easier access to various crypto products. “So for us it’s, ‘OK, let’s think about high-quality assets that we can…
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