Alibaba owns the South China Morning Post. Alibaba chose to list its shares in New York in 2014, in a world record-breaking US$25 billion IPO. The choice of New York followed Hong Kong’s refusal to…
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Trump’s SEC Nominee Was Alibaba IPO Advisor
Alibaba shares are up 1.6% this afternoon, while the iShares China Large-Cap exchange-traded fund (FXI) is up 1.2%.Trump’s suggested SEC appointee, Jay Clayton, is a partner with New York law firm Sullivan & Cromwell, which…
Asia-Pacific IPO market to rebound from weak 2016 on China financial deals
HONG KONG Dec 30 Share sales in Asia ex-Japan are set to rebound in 2017 from three-year lows this year, driven by listings of financial firms in Greater China, including the world’s biggest fintech IPO,…
China Tower IPO, investment from internet giants may boost mainland telecoms expansion
A highly anticipated initial public offering and potential investment from mainland internet giants could give a boost to China’s telecommunications industry next year, driving the efforts of its three incumbent network operators to step up…
China factory activity rises to near four-year high
China’s factory activity picked up more than expected in December as demand accelerated, with output reaching a near six-year high, a private business survey showed on Tuesday, giving the manufacturing sector a solid boost heading…