Asian equities had a mixed day on light summer volumes, despite news prior to the open that USTR Lighthizer and Treasury Secretary Mnuchin had a call with Vice Premier Liu He. Both sides had positive…
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Jack Ma’s Ant Group files for Hong Kong-Shanghai IPO, says first-half profit rose 1,000%
Ant Group, which is still controlled by Alibaba founder Jack Ma, reported a more than 1,000% jump in profits in the first half of 2020. ( read original story …)
China EV Startups Chase Tesla’s Success, Ride the IPO Wave
Tesla’s success in China and NIO’s recent rally are encouraging many local companies to go public as they vie to increase their market share in the country’s EV industry. ( read original story …)
What We Learned From Ant Group’s New IPO Filing
The fintech giant, which operates China’s largest payments platform, is preparing for what could be one of the biggest IPOs in years after raking in $3.2 billion in profit in the first half of the…
China’s Communist Party eyes blockchain for ‘decentralizing’ social services
Beijing’s strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in social assistance system reforms … ( read original story …)
Jack Ma’s Ant Group sets aim for world’s largest IPO
Ant Group, Alibaba’s financial technology affiliate and operator of China’s largest digital payment network, has filed to sell shares on the Hong Kong Stock Exchange and Shanghai’s STAR Market in what … ( read original…
Alibaba’s Ant Group files for IPO in Hong Kong, Shanghai
Ant Group, the financial technology arm of e-commerce giant Alibaba Group, on Tuesday filed for a dual-listing in Hong Kong and Shanghai, in what would likely be the world’s largest initial public … ( read…
Jack Ma’s Ant Group Files for IPO in Hong Kong and Shanghai
Billionaire Jack Ma’s Ant Group filed for an initial public offering in Hong Kong and Shanghai to bankroll its expansion in financial services and bolster its lead as China’s largest online payments … ( read…
Jack Ma’s Ant Group Moves Forward With Mega IPO
Billionaire Jack Ma’s Ant Group formally files for an initial public offering in Hong Kong and Shanghai, looking to raise as much as $30 billion, an IPO record. ( read original story …)
Alibaba’s Ant Group Files for Dual Listing; Could Be World’s Largest IPO Ever
Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and on Shanghai’s Nasdaq-style STAR … ( read original story …)
China’s Nongfu Spring to raise $1.1 billion in Hong Kong IPO
Chinese drinks maker Nongfu Spring will raise up to $1.08 billion by pricing its shares between HK$19.50 to HK$21.50 ($2.52 to $2.77) in its Hong Kong initial public offering, according to … ( read original…
Q&A with Vitalik Buterin on the BSN and China’s blockchain world
Ethereum co-founder Vitalik Buterin cautions China’s focus on consortium chains will pose a challenge to its global blockchain ambitions. ( read original story …)
Will Chinese bottled water giant Nongfu Spring’s Hong Kong IPO lead to more success for its low profile billionaire founder?
The upcoming listing in Hong Kong by Nongfu Spring, mainland China’s largest bottled water company by market share, is set to shine a spotlight on Zhong Shanshan, its low profile founder and … ( read…
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