A reason for the IPO fiasco of BABA-SW (09988.HK)’s Ant Group was Beijing’s concern about Ant’s complex ownership structure, WSJ citing over a dozen officials and government advisers. Powerful … ( read original story …)
Tagged By business
U.S. SPAC Boom Is Poised To Spread To China
All the major SPACs are chasing targets in China right now — especially those with pressure to close this year,” Bernstein said in an email exchange today. “Chinese companies have strong revenue … ( read…
JD Logistics IPO expands the e-commerce empire of China’s largest retail company with third related public listing in nine months
With its fleet of delivery workers, drones and autonomous vehicles, JD Logistics has a powerful role to play in the future of delivery services in China. ( read original story …)
China’s eCommerce Giant JD.com Plans IPO For Shipping Division
JD.com, sometimes called China’s Amazon, plans to take its shipping business public, potentially raising $5 billion as the pandemic boosts eCommerce. ( read original story …)
JD.com, China’s eCommerce King, Plans IPO For Shipping Division
JD.com, sometimes called China’s Amazon, plans to take its shipping business public, potentially raising $5 billion as the pandemic boosts eCommerce. ( read original story …)
Future Fintech Partners With Xi’an Jiaotong University to Create Blockchain Finance Research Institute
Future FinTech Group Inc. (NASDAQ: FTFT), a Chinese fintech company and integrated producer of fruit-related products, announced on Wednesday it has formed a partnership with the School of Economics … ( read original story …)
China Decoupling Would Cost U.S. Economy Billions, Chamber Says
American companies would lose hundreds of billions of dollars if they slashed investment in China or the nations increased tariffs, the U.S. Chamber of Commerce said in a report highlighting the cost … ( read…
The China-US trade war could benefit cryptocurrencies: Vitalik Buterin
Ethereum CEO Vitalik Buterin believes that the ongoing China-US competitiveness could help cryptocurrency thrive. The Ethereum co-founder gave his opinion on the China-US war in a … ( read original story …)
China blocked Jack Ma’s Ant IPO after investigation revealed likely beneficiaries: Report
One of the reasons why China late last year decided to pull the plug on Ant Group’s $37-billion initial public offering (IPO), was “growing unease in … ( read original story …)
Lululemon bets on China after revenue from mainland more than doubles during coronavirus pandemic
China will be among the main growth focus areas for yoga and fitness apparel maker Lululemon Athletica, with the market outpacing others in terms of sales. ( read original story …)
China E-Commerce Platform Dmall Said to Plan U.S. IPO This Year
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the … ( read original story…
Another US Navy destroyer challenged China in the South China Sea by sailing past contested islands without asking permission
The latest freedom-of-navigation operation is the second time in two weeks the Navy has sent a warship to challenge China in the strategic waterway. ( read original story …)
Urban Tea Appoints New COO and Independent Director to Drive Expansion in Blockchain and Cryptocurrency Mining Business
Urban Tea Inc. (the “Company,” “we” or “Urban Tea”) (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based in Hunan, China, announced today the appointment of Ms. Fengdan Zhou as … (…
