In August, the Chinese fintech giant unveiled plans for a dual-listing stock market debut in Hong Kong and on the Shanghai Stock Exchange’s Star Market. ( read original story …)
Tagged By ipo
Ant’s record-breaking $37 billion IPO was personally halted by China’s Xi Jinping after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn’t go down well with the president or government officials. ( read original story …)
China’s Internet Clampdown Hits Alibaba But Spares Tencent
Chinese e-commerce giant Alibaba appears to be bearing the brunt of the impact from the country’s toughening regulatory environment. ( read original story …)
China congratulates Biden, but few US policy changes seen
China on Friday became one of the last major countries to congratulate U.S. President-elect Joe Biden, who is expected to make few changes to U.S. policy in conflicts with … ( read original story …)
Korean girl group’s panda stunt prompts anger in China
A publicity stunt involving South Korean girl group Blackpink and a cuddly baby panda has prompted outraged comments and calls for an apology from some in China. ( read original story …)
Supermarket in China apologizes for chart that labels women who wear larger sizes ‘rotten’ and ‘terrible’
A supermarket chain in China has apologized for apparently featuring a chart in one of its stores that used disparaging language to refer to women who wear larger-sized clothes as “rotten” and … ( read…
China Congratulates Biden, Harris on U.S. Election Win
China has offered congratulations to Joe Biden and Kamala Harris on winning the U.S. presidential race after being one of a few nations that had not commented as President Donald Trump contests the … (…
China’s auto brands fail to shine in race with foreign rivals
China’s domestic automakers have a loyalty problem. While the country’s monthly auto sales have recovered to pre-pandemic levels and recorded double-digit year-on-year growth in October, Chinese … ( read original story …)
China’s Xi decided to halt Ant’s IPO – WSJ
The Wall Street Journal reports that China’s President Xi Jinping personally intervened to stop Ant Group’s initial public offering. The Journal’s Thursday story cites Chinese officials with knowledge … ( read original story …)
Analysis: Grain grab – China’s global hunt for feed grains roils world market
Chinese feed producers, pig farmers and traders are reshaping the global grain market as they scour the world for supplies amid a domestic shortfall that sent local corn prices to record highs and is ……
Why China’s Top Smartphone Maker Huawei Would Sell Its Budget Honor Brand
Huawei hopes a sale would protect Honor from U.S. restrictions in the short term, while giving the company a welcome burst of cash, experts say. ( read original story …)
Business blueprint for healing ‘bungled’ China relationship
Alarmed by trade sanctions and China turning its back on a multibillion-dollar investment opportunity in LNG, Australian business leaders want the Morrison government to find a way to stop the … ( read original story…
Business leader blueprint for winning back China
Alarmed by trade sanctions and China turning its back on a multi-billion dollar investment opportunity in LNG, Australian business leaders want the Morrison government to find a way out to stop the … ( read…
