Beijing said Monday that it will impose sanctions on American companies — including Lockheed Martin, Boeing, and Raytheon — that have been involved in selling weapons to Taiwan. ( read original story …)
Tagged By ipo
World’s biggest IPO shows power of mobile payments in China
Unlike Alibaba’s IPO in 2014, Ant Group is passing over Western stock markets … with individual shares priced at roughly $10.30. Liu Yang in Beijing contributed to this article. ( read original story …)
Ant Group Will Push China IPOs to Record $75 Billion This Year
The blockbuster Shanghai debut of Jack Ma’s Ant Group Co. will push the value of new stocks in China to a record this year. ( read original story …)
China’s five-year plan to place ‘significant de-emphasis’ on growth target: Think tank
Paulson Institute’s Damien Ma discusses China’s 14th five-year plan, including its dual circulation strategy and shift in focus toward quality of life and jobs. ( read original story …)
Chinese companies are leading the global IPO rush amid a ‘flight from uncertainty’
Greater China stock exchanges accounted for 45% of global IPOs in the first three quarters of the year, according to CNBC analysis of data from EY. ( read original story …)
Ant Group IPO To Rocket Alibaba Founder Jack Ma’s Wealth
Chinese tech titan Jack Ma is set to become the world’s 11th richest person after the financial arm of his e-commerce titan Alibaba raises billions in a mammoth public listing, according to the … (…
Ant IPO By the Numbers: It’s Bigger Than Finland’s GDP
The 2008 Beijing Summer Olympics opening ceremonies began at 8 p.m … which is down 8% over that period. Ant’s IPO was expected to attract investors from all over the world and that’s borne out…
China to sanction Lockheed, Boeing and Raytheon over Taiwan arms sale
Chinese officials said Monday they would sanction three D.C.-area defense and commercial air contractors over a proposed sale of $1.8 billion in missile and reconnaissance technology to Taiwan. ( read original story …)
China Sets Its Sights On Global EV Dominance
The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market. Chinese EV manufacturers are expected to start expanding … ( read original story …)
China Brokers Challenge Goldman With Best IPO Ranking in Decades
Chinese brokerages are having a bumper year for equity dealmaking, with Ant Group’s multi-billion-dollar initial public offering poised to boost their showing in the global ranking to the best in at … ( read original…
China’s fintech giant, Ant Financial, unveils world’s largest IPO
The company will raise more than $34 billion in Hong Kong and Shanghai, topping the $29 billion IPO of Saudi Aramco last year. ( read original story …)
Sandro owner SMCP eyes bigger China push, marketing investments
SMCP, the fashion group behind brands including Sandro, said on Monday it would ramp up spending on advertising and focus store openings mainly on the Chinese market, pausing efforts elsewhere after … ( read original…
Ant Group raises $34 billion in world’s largest IPO
Jack Ma’s Ant Group has just pulled off the biggest share sale in history, marking a huge win for the Chinese tech champion and the country’s stock market. ( read original story …)
