Chinese consumer-facing brands are trying to cut reliance on Taobao and Amazon. Direct sales are an alternative to reliance on platforms. ( read original story …)
Tagged By crypto
Exclusive: Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources say
HONG KONG (Reuters) – China’s top ride-hailing firm Didi Chuxing is considering … 0700.HK>, has started initial talks with investment banks for the long-awaited IPO, according to three people. It’s … ( read original story…
Listing by China’s biggest investment bank, first flotation of Chinese depositary receipts in Shanghai set stage for Ant dual IPO
All eyes are on Shanghai, where four out of five initial public offerings are due this week in China, including the country’s very first sale of Chinese depositary receipts. ( read original story …)
Jack Ma’s Ant Group to launch $48b IPO after final nod from China regulator
The fintech group aims to split the share offering evenly between Hong Kong and Shanghai.. Read more at straitstimes.com. ( read original story …)
China overhauls military education, modernising troops to be ready to fight
Some of the education is too academic – it trains soldiers into scientists who don’t understand the actual needs of the fighting force at present.” Zhou said the training overhaul was the final step ……
Ant Group to launch $35bn IPO after clinching regulatory approval
The fintech firm, backed by e-commerce giant Alibaba, plans to list both in Hong Kong and Shanghai in the coming weeks. ( read original story …)
US-China tech war: can Washington take a leaf out of Beijing’s plans on strategic technologies?
The White House has published a National Strategy for Critical and Emerging Technologies as a road map to ensure that the United States protects its “technology advantage” across a wide range of … ( read…
Ant Group to launch $35 billion IPO after final nod from China regulator
BEIJING/HONG KONG (Reuters … surpassing the record set by Saudi Aramco’s $29.4 billion float last December. The IPO would also be the first simultaneous listing in Hong Kong and on the year-old STAR … (…
China Mobile 5G subs top 114M in Q3
China’s largest mobile operator adds 44 million ‘5G package customers’ during Q3, but not enough to prevent ARPU slippage. ( read original story …)
China’s Ant gets final approval for world’s biggest-ever IPO
China’s Ant Group has cleared the final hurdle for its $30bn initial public offering, after receiving the green light from Hong Kong’s bourse ahead of what is set to be the world’s biggest-ever stock ……
While doing business between 2013 and 2015 Trump paid $188,561 in taxes to China. He paid $750 in taxes to the US in 2016 and 2017.
Trump’s businesses “paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015,” citing tax records reviewed by the NYT. ( read original story …)
Jack Ma’s Ant Receives China Approval for IPO in Shanghai
Jack Ma’s Ant Group Co. got the green light from China’s securities watchdog for its initial public offering in Shanghai, clearing another hurdle as the Chinese fintech giant tries to complete its … ( read…
Jack Ma’s Ant Group gets Chinese approval for Shanghai arm of $35B IPO
The Shanghai arm of Ant Group’s (NYSE:BABA) potential record dual IPO has received approval from the China Securities Regulatory Commission.The $35B IPO, split between Hong Kong and Shanghai, would … ( read original story …)
ADVERTISEMENT
