Unlike Alibaba’s IPO in 2014, Ant Group is passing over Western stock markets … with individual shares priced at roughly $10.30. Liu Yang in Beijing contributed to this article. ( read original story …)
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Singles’ Day 2020: What Does It Mean?
International pitch. Alibaba also is pushing the international dimension of Singles’ Day, suggesting overseas brands use China as part of a “global brand recovery.” It all has a certain logic given … ( read original…
China says it will impose sanctions on Boeing and Lockheed Martin over Taiwan arms sales
Beijing said Monday that it will impose sanctions on American companies — including Lockheed Martin, Boeing, and Raytheon — that have been involved in selling weapons to Taiwan. ( read original story …)
World’s biggest IPO shows power of mobile payments in China
Unlike Alibaba’s IPO in 2014, Ant Group is passing over Western stock markets … with individual shares priced at roughly $10.30. Liu Yang in Beijing contributed to this article. ( read original story …)
Ant Group Will Push China IPOs to Record $75 Billion This Year
The blockbuster Shanghai debut of Jack Ma’s Ant Group Co. will push the value of new stocks in China to a record this year. ( read original story …)
China’s five-year plan to place ‘significant de-emphasis’ on growth target: Think tank
Paulson Institute’s Damien Ma discusses China’s 14th five-year plan, including its dual circulation strategy and shift in focus toward quality of life and jobs. ( read original story …)
Chinese companies are leading the global IPO rush amid a ‘flight from uncertainty’
Greater China stock exchanges accounted for 45% of global IPOs in the first three quarters of the year, according to CNBC analysis of data from EY. ( read original story …)
Ant Group IPO To Rocket Alibaba Founder Jack Ma’s Wealth
Chinese tech titan Jack Ma is set to become the world’s 11th richest person after the financial arm of his e-commerce titan Alibaba raises billions in a mammoth public listing, according to the … (…
US moves closer to expanding tech export controls list as competition with China for future technology builds
The US has completed a public comment period on finalising a list of technologies critical to American national security that will be subject to stringent export control rules.The list is part of the … (…
Ant IPO By the Numbers: It’s Bigger Than Finland’s GDP
The 2008 Beijing Summer Olympics opening ceremonies began at 8 p.m … which is down 8% over that period. Ant’s IPO was expected to attract investors from all over the world and that’s borne out…
China to sanction Lockheed, Boeing and Raytheon over Taiwan arms sale
Chinese officials said Monday they would sanction three D.C.-area defense and commercial air contractors over a proposed sale of $1.8 billion in missile and reconnaissance technology to Taiwan. ( read original story …)
China Sets Its Sights On Global EV Dominance
The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market. Chinese EV manufacturers are expected to start expanding … ( read original story …)
China Brokers Challenge Goldman With Best IPO Ranking in Decades
Chinese brokerages are having a bumper year for equity dealmaking, with Ant Group’s multi-billion-dollar initial public offering poised to boost their showing in the global ranking to the best in at … ( read original…