BEIJING–China’s exports in the first quarter rose 38.7% from a year earlier in yuan terms, compared with a 50.1% increase recorded in the January-February period, the General Administration of …
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Chinese tech start-ups pull IPO plans as Beijing tightens scrutiny
SHANGHAI: A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share …
88 tech startups ditch China IPOs in 2021 as headwinds mount
The impact is especially pronounced on the Shanghai Stock Exchange’s STAR market, where 88 companies, including some of China’s most promising unicorns, have suspended or canceled planned initial …
China extends crackdown on Jack Ma’s empire
Chinese regulators had already derailed Ant Group’s record $37 billion IPO in November. And, just two days ago, Jack Ma’s Alibaba Group was hit with a record $2.75 billion-dollar antitrust fine as …
When China’s KOLs Become Brands
Many of China’s KOLs have massive channels to amplify their voices. Jing Daily analyses how four livestreamers are extending their brand.
China trade: imports, exports set to have stayed ‘solid’ in March
China’s exports are expected to have risen 35.5 per cent in March from a year earlier, while imports likely rose 23.3 per cent in March versus a year ago, according to a Reuters poll ahead…
Events leading up to China’s clamp down on Jack Ma’s business empire
(Reuters) -China’s Ant Group, the fintech giant whose $37 billion IPO was derailed by regulators days before it was due to list in November, is to restructure as a financial holding company. The …
China’s exports expected to soar 30% in Q1 amid rapid economic recovery
Driven by robust demand due to the rapid recovery in major economies, China’s exports are expected to rebound sharply in the first quarter of 2021 to reach a growth of about 30 percent year-on-year …
China’s Ant to become financial holding firm under enforced revamp
China’s Ant Group, the fintech giant whose $37 billion IPO was derailed by risk-wary regulators days before it was due to list in November, will restructure as a financial holding company, the country …
Blockchain provides major boost to speed of China-Europe rail trade
The China-Europe rail cargo trade has been given a boost in the arm with the aid of blockchain tech, which has sped up global trade.
China’s Ant Group to restructure under central bank agreement
BEIJING, April 12 (Reuters) – Ant Group, the fintech affiliate of Alibaba Group Holding Ltd BABA.N, will restructure as a financial holding company, China’s central bank said … requirements of …
China Tells Ant to Become Financial Holding Firm in Overhaul
The central bank told Ant to rectify unfair competition in its payments business and also end information monopoly … The recast is a step toward meeting the demands of China’s watchdogs, who have …
China’s Ant Group to become financial holding company -central bank
Ant Financial, the fintech affiliate of Alibaba Group Holding Ltd, will restructure as a financial holding company, China’s central bank said on Monday … Reuters provides trusted business, financial …
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