One of China’s biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story …)
Tagged By ipo
Ant Group Is Said to Pick Banks for $10 Billion Hong Kong IPO
Ant Group, the parent of China’s largest mobile payment company, has picked China International Capital Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley for its Hong Kong initial public … ( read original…
Jack Ma’s Ant Seeks $200 Billion Value in Landmark Dual IPO
Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off a landmark coming-out party ……
Alibaba payments arm Ant to seek IPO in China and Hong Kong
said it would examine a dual listing on China’s Nasdaq-style STAR board as well as the Hong Kong stock exchange. Ant did not disclose the size of its planned IPO nor the timing. But the…
Analyzing Impacts Of COVID-19 On Blockchain Market Effects, Aftermath and Forecast to 2026
The Blockchain market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The global Blockchain market report is a…
China’s movie theaters are back in business
China’s massive box office began to reopen on Monday after the coronavirus pandemic spurred a shutdown lasting roughly six months. ( read original story …)
Jack Ma’s Ant Seeks $200 Billion Value in Biggest IPO in Years
Billionaire Jack Ma’s Ant Group is kicking off its much-anticipated initial public offering, with plans to list simultaneously in Hong Kong and on China’s new tech bourse in Shanghai. ( read original story …)
Crypto News Recap: Twitter Biggest Hack, Asia Embraces CBDC
China Plans to Test Digital Yuan on Food Delivery Platform Backed by Tencent Holdings Ltd. In a significant step towards crypto adoption, the People’s Bank of China (PBoC) is currently planning to … ( read…
Alibaba’s Ant Group Starts Concurrent IPO Process in Shanghai, Hong Kong
Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, said on Monday that it had started the process of a concurrent initial public offering on Shanghai’s Nasdaq-style Star Market and the … ( read…
Alibaba’s Ant financial unit to seek IPO in China and Hong Kong
as the company aims to accelerate its offerings to customers in China and abroad. Ant did not disclose the size of its planned IPO nor the timing. But the Hangzhou-based company is already valued ……
Jack Ma’s Ant Plans Simultaneous IPOs in Hong Kong, Shanghai
Billionaire Jack Ma’s Ant Group is kicking off its much-anticipated initial public offering, with plans to list simultaneously in Hong Kong and on China’s new tech bourse in Shanghai. ( read original story …)
Chinese Electric Vehicles Maker Xpeng Raises $500M After Reports Of US IPO
Xpeng Motors Technology Ltd. said it raised nearly $500 million in a Series C+ funding round, even as electric vehicle sales see a slump in mainland China. What Happened Investors that participated in … (…
Geopolitical tension between Australia and China is a top risk for businesses
Despite existing concerns over bilateral tensions, Australian companies in China are focused at the moment on recovery from the coronavirus pandemic, says Nick Coyle, CEO and executive director at the … ( read original story…
