Just over a week since the Shanghai Stock Exchange’s stunning suspension of Ant Group Co.’s blockbuster listing, its rival in Shenzhen turned down another hopeful for the first time since new rules … ( read…
Tagged By ipo
Ant IPO And Central Bank Digital Currency: A New Era Of China’s Financial Regulation
China’s new FinTech regulations that halted Ant Financial’s IPO could reduce its valuation by as much as $140 billion, according to Bloomberg. ( read original story …)
China Feihe’s Hong Kong IPO Proves Lucrative For Founder Leng Youbin
China Feihe, one of the China’s largest powdered-milk producers, went public in November last year in Hong Kong. ( read original story …)
High Rise: Billionaire Zuo Hui Dominates China’s Property Transactions Market
Zuo Hui has built KE Holdings into China’s largest platform for residential property transactions and services. And he sees plenty of growth ahead. ( read original story …)
China’s biggest tech firms dive in value as firms fear Beijing crackdown plan
Wednesday was the second day of heavy selling of Chinese tech stocks following the publication of Beijing’s draft plans to “prevent … to halt the much anticipated initial public offering (IPO) of … ( read…
China Construction Bank to issue $3B of debt certificates on blockchain
China Construction Bank (OTCPK:CICHY +3.2%), the world’s second-largest bank by assets (as of fall 2020), plans to launch the sale of $3B of debt on blockchain, the first digital security issued by a … ( read…
China Construction Bank to Launch $3B in Bonds Using Blockchain
The state-owned China Construction Bank (CCB) is preparing to become the first local bank to issue bonds using … ( read original story …)
Billionaire investor Ray Dalio believes Ant’s IPO suspension was reasonable — and says not investing in China is ‘very risky’
Dalio said there’s a risk of being too lax on innovation since Ant is a “whole new concept in terms of banking.” … ( read original story …)
China Construction Bank to issue offshore bond based on blockchain
China Construction Bank has partnered with a digital exchange to launch an offshore bond that relies on blockchain in a sign of rising interest in the technology from the countrys … ( read original story…
China’s Online Dating Apps Are Big Business. And One Matchmaker Is Grabbing a Piece of It.
Revenue for China’s overall online dating market is estimated to hit $1.1 billion next year, according to iResearch. And one popular local matchmaker has 250,000 followers on China’s Kuaishou … ( read original story …)
China Construction Bank sells US$3 billion worth of debt on blockchain
China Construction Bank kicks off the country’s first blockchain-based certificate of deposits sale, issued in US dollars and tradeable with bitcoin. ( read original story …)
CHINA’S ON TOP OF THE WORLD. BUT NOT FOR LONG.
They should enjoy it while they can, because China’s time at the top will be short. How short? 30 years or so, according to the analytics. See, the empiring business ain’t what it used to…
Don’t Sleep on China’s New Blockchain Internet
U.S. national security policymakers are working aggressively to push back China’s global market advance in 5G and artificial intelligence technology. Meanwhile, the Chinese Communist Party (CCP) is … ( read original story …)
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