Ant Group, the online payments arm of e-commerce giant Alibaba Group (BABA) – Get Report, revealed plans on Monday for an initial public offering of stock in both Hong Kong and Shanghai that could ……
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Jack Ma’s Ant Financial chooses Hong Kong and Shanghai for IPO
One of China’s biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story …)
Ant Group Is Said to Pick Banks for $10 Billion Hong Kong IPO
Ant Group, the parent of China’s largest mobile payment company, has picked China International Capital Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley for its Hong Kong initial public … ( read original…
Jack Ma’s Ant Seeks $200 Billion Value in Landmark Dual IPO
Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off a landmark coming-out party ……
Alibaba payments arm Ant to seek IPO in China and Hong Kong
said it would examine a dual listing on China’s Nasdaq-style STAR board as well as the Hong Kong stock exchange. Ant did not disclose the size of its planned IPO nor the timing. But the…
Analyzing Impacts Of COVID-19 On Blockchain Market Effects, Aftermath and Forecast to 2026
The Blockchain market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The global Blockchain market report is a…
China’s movie theaters are back in business
China’s massive box office began to reopen on Monday after the coronavirus pandemic spurred a shutdown lasting roughly six months. ( read original story …)
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 …)
China operators pass 100M 5G subscribers
China’s two largest mobile operators ended June with 108 million 5G subscribers, after adding a combined 22.4 million during the month. China Mobile picked up 14.6 million, closing the month with 70.2 … ( read…
China uses technology to wipe out Uyghurs
Over the years China has remodelled its tactics to wipe out the Uyghur community. In recent years, the Beijing government has begun using technology to conduct its own kind of genocide. ( read original story…
China’s Chipmaker Mania Grows With Cambricon Surging 350% on Debut
Chinese chipmakers have surged in the past year, boosted by Beijing’s support for self-sufficiency in semiconductors and as adoption of 5G and artificial intelligence prove resilient amid the pandemic … ( 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…
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