Alibaba’s stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. Alibaba holds a 33% stake in Ant, which owns the digital pa … ( read original story …)
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The Duty-Free Business Must Reroute to China
Beijing is using the Covid-19 crisis to encourage China’s globe-trotting consumers to spend more back at home. Europe’s stricken duty-free operators have to follow them. ( read original story …)
Central bank experiments with CBDC will drive securities onto blockchain
Fear of Chinese advances with programmable money and Facebook’s Libra are pushing central banks to digital currencies, which may transform financial markets. ( read original story …)
China Solar Manufacturers Jump as Biden Win Seen Boosting Demand
Shares in the Chinese companies that dominate production of solar panels rose after Joe Biden’s victory increased the likelihood that the world’s top economy will accelerate its move toward clean … ( read original story…
Apple Freezes New Business for Pegatron on China Labor Abuse
Apple Inc. suspended new business with iPhone assembler Pegatron Corp. after discovering labor violations at a student workers’ program, taking strong action to clean up a Chinese-based production … ( read original story …)
China investors rethink market risk after Ant’s scuppered IPO
HONG KONG — Global investors are taking two distinct messages from the sudden termination of Ant Group’s initial public offering — billed as the world’s largest — by Chinese regulators. ( read original story …)
China’s Fosun-owned Gland Pharma IPO opens — Here’s all you need to know about India’s largest pharmaceutical IPO
The ₹6,500 IPO of Hyderabad-based Gland Pharma is now open for subscription. The company is backed by China’s Fosun Pharma, making it one of the biggest offerings by a company with a Chinese parent in…
Why China Stepped On The Ant Group (Part 1): To Stop A Bubble
The most shocking, market-impacting event this week was not the US election. It was the news that the Chinese government decided to step on an ant… specifically, on the Ant Group – China’s fintech ……
China’s luxury shoppers call in the tidy teams
The discovery of a Burberry jacket she does not recall buying proved to Chen Rui that she was right to have brought in experts to manage her out-of-control luxury wardrobe. ( read original story …)
Why China Stepped On The Ant Group – (Part 1) A Bubble Looming
The most shocking, market-impacting event this week was not the US election. It was the news that the Chinese government decided to step on an ant… specifically, on the Ant Group – China’s fintech ……
Blockchain Insurance Market May see a Big Move | Major Giants AXA, Blue Cross, IBM
Global Blockchain Insurance Market Size, Status and Forecast 2019-2025 is latest research study released by HTF MI … ( read original story …)
Beijing just yanked Ant Group’s IPO to show Jack Ma who’s really in charge
Hong Kong ()Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the … ( read original…
Luxury brands flock to CIIE eyeing potential of Chinese market
Gucci stores in many Chinese cities cut their prices by 50 percent during a sales promotion in May. Photo: IC From Cartier to Gucci, international luxury brands have showcased their latest collections … ( read…
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