Hong Kong is tightening its crypto regulations, but it may be acting in the shadow of China. Many of the biggest exchanges could be affected. ( read original story …)
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After halting Ant’s big IPO, China reportedly wants to go further
Days before the world’s biggest-ever IPO, Beijing ordered a halt to financial technology giant Ant Group’s share sale. ( read original story …)
China’s Fosun Kicks Off Biggest Pharma IPO in India
Gland Pharma Ltd. and its shareholders are looking to raise as much as 64.5 billion rupees ($871 million) in what would be India’s biggest initial public offering by a pharmaceutical firm. ( read original story…
China software revenues at CNY5,838 billion in January-September 2020
China’s software industry consisting of 39,409 companies generated revenues of CNY5,838.713 billion (US$834.93 billion) in January-September 2020, growing 11.3% on year, according to China’s Ministry … ( read original story …)
LIVE: CoinDesk Covers the 2020 US Election and Crypto Impact
Other crypto predictions markets are struggling to keep pace as predictit.org and electionbettingodds.com have gone dark. Another interesting prediction is “will Donald Trump tweet announcing that he … ( read original story …)
Hong Kong Stocks Fall After China Pulls Plug on Ant’s IPO
Hong Kong stocks dropped after Chinese regulators scrapped Ant Group Co.’s $35 billion initial public offering. ( read original story …)
China Halts Ant Group’s IPO, Throwing Ma Empire Into Turmoil
It was heralded as China’s answer to JPMorgan — a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. ( read original story …)
US brands flock to Chinese e-commerce platforms
A worker prepares goods for delivery at an e-commerce industrial park in Lianyungang, East China’s Jiangsu Province on Sunday. The first sales window for this year’s Double 11 shopping festival kicked … ( read original…
China halts Ant’s record IPO, leaving Jack Ma’s empire in limbo
Days before what was to be the biggest IPO on record, Chinese authorities have thrown into doubt the future of Ant Group Co. and its founder, Jack Ma. ( read original story …)
China halts Ant’s record IPO, throwing a financial empire into turmoil
It was heralded as China’s answer to JPMorgan — a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. Instead, with billions on the line and an initial…
Invesco China Technology ETF (CQQQ) Hits a New 52-Week High
For investors looking for momentum,Invesco China Technology ETF CQQQ is probably a suitable pick. The fund just hit a 52-week high and is up 75.8% from its 52-week low price of $43.19/share. Let’s … (…
China Halts Ant’s Record IPO, Throwing Ma’s Empire Into Turmoil
It was heralded as China’s answer to JPMorgan — a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. ( read original story …)
China Tells Ant It Must Meet New Capital Requirements Before IPO
Chinese regulators have told Ant Group Co. it can’t proceed with an initial public offering until after it complies with new capital requirements and other restrictions imposed on the country’s … ( read original story…