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…
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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…
Why China Blocked Ant IPO And Slapped Founder Jack Ma With Suspension
The IPO suspension came a day after majority shareholder Jack Ma was called into a meeting with four regulatory agencies in China. ( read original story …)
Top 5G Module Brands in China 2020: An Analysis of Leading Vendor Product Development
The “Development of Five Leading Chinese 5G Module Brands and Their Product Strategies” report has been added to ResearchAndMarkets.com’s offering. 2019 was a seminal year for commercial 5G networks a … ( read original story…
Ant Group postpones $34B IPO after meeting with Beijing, banks
An initial public offering by the Ant Group, which was expected to be one of the largest in history, has been postponed after co-founder Jack Ma met with Chinese banks and regulators. ( read original…
Telecom operators rush to promote 5G
People visit the 5G communication services exhibition area during the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China, Sept. 7, 2020. (Xinhua/Lu Peng) As … ( read original story…
Sweden should stop bullying Chinese tech with ‘security’ guise
Swedish authorities have announced restrictions on Chinese 5G developers from joining the country’s 5G network construction, under the unproven but catch-all guise of “national security” concerns. ( read original story …)
China Market Update: Ant IPO Delay – Key Considerations
Ant Group’s Shanghai and Hong Kong IPOs have been postponed. This past weekend Jack Ma made several remarks about financial regulators and banks stifling financial innovation at the Bund Summit. ( read original story …)
China Stops Jack Ma’s $35 Billion Ant IPO From Going Ahead
China put the brakes on Ant Group Co.’s $35 billion share sale in Shanghai and Hong Kong, derailing the world’s biggest initial public offering. ( read original story …)
Ant Group: China pulls the world’s biggest IPO after dust up with Jack Ma
Ant Group’s highly anticipated IPO has been abruptly suspended following a meeting between the company’s billionaire co-founder Jack Ma and regulators in China. ( read original story …)
Ant Group’s record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with China regulators
A supervisory meeting and changes in regulatory technology environment have disqualified Ant Group from listing on the exchange. ( read original story …)
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