Sentiment in China’s tech sector and among smaller firms improved this month, suggesting that the recovery in the second-quarter continued in July. ( read original story …)
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Company shuns Wall Street IPO amid US-China tensions
One of China’s biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny … ( read original…
China Adds a New City to Their Fintech Pilot Initiative
China’s central bank adds a new city to its fintech innovation supervision pilot. The People’s Bank of China has officially added Chengdu, the capital of China’s Sichuan province, to the list of … ( read…
Foxconn Technology
Foxconn has no visibility beyond 2Q20 for PC components Tuesday 19 May 2020 Foxconn Technology Group (Hon Hai Precision Industry) chairman Young Liu has noted that the coronavirus pandemic is still … ( read original…
Post-Pandemic, American Businesses Want To Leave China; Europeans Don’t
So while the country of origin may no longer be China, the business is owned by the Chinese. It is unclear by the report just how much of Vietnam’s new manufacturing is from China foreign…
Bitcoin And Other ‘Crypto-Assets” Excluded From Central Bank Experiments
Participants are consulting giant Accenture ACN, settlement giant Euroclear, the HSBC bank, French firm, Iznes, etheruem platform LiquidShare, little-known startup, ProsperUS, crypto bank Seba … For … ( read original story …)
US blacklists 11 firms over China’s treatment of Uighurs
The US Commerce Department said the companies were involved in using forced labour by Uighurs and other Muslim groups. ( read original story …)
Jack Ma’s Ant Group Fintech Firm Seeks Dual Listing Of IPOs On Hong Kong And China Exchanges
Ant Group Co., a Chinese fintech company controlled by Alibaba (BABA) cofounder and billionaire Jack Ma is seeking to stage dual initial public offerings on the Shanghai and Hong … ( read original story …)
Ant Could Be the Biggest IPO Ever, but It Will Bypass the U.S. Others Could Follow.
The U.S. stock exchanges won’t get to brag about what could be the largest initial public offering in history. Chinese fintech giant Ant Group Co., which owns mobile payment network Alipay, plans a … (…
Jack Ma’s Ant Group chooses China for its 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 … ( read original story …)
Jack Ma’s newest venture is planning a $200 billion IPO — and it could be the largest public offering in history
Sources told The Wall Street Journal and Bloomberg that Ant will seek a $200 billion valuation for its IPO, which could be one of the most … York as geopolitical tensions rise between the US…
Jack Ma’s Ant Group, Owner of Alipay, Sets Sights on Mega-IPO
Ant Group, the online payments arm of e-commerce giant Alibaba Group (BABA) – Get Report, is prepping for a double initial public offering in both Hong Kong and Shanghai that could mark the biggest ……
Alipay owner Ant Group eyes dual IPOs in Shanghai and Hong Kong
Ant Group Co., the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning initial … ( read original story …)
