This is where the central bank’s curious sense of timing – its announcement coming just as Ant Group readies itself for what could be a world-record $30 billion IPO, done jointly in Hong Kong and ... ( read original story ...)
Ant Group gets the green light for mega IPO in Shanghai’s Star Market as China pulls out all stops to help tech champions raise funds
Shanghai’s speedy approval of Ant Group’s IPO paperwork showcases China’s eagerness to attract fast-growing technology companies to its markets as it competes with the US for technological supremacy. ( read original story ...)
Ant wins Shanghai approval for mega IPO but takes regulatory hits
Ant Group took another step on Friday in its march toward the world's largest-ever initial public offering by winning approval from the Shanghai STAR Market's listing committee, but a barrage of new ... ( read original story ...)
Jack Ma’s Ant Group wins Shanghai OK for launch of giant dual IPO
Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai’s STAR Market, in what sources have said could be the world’s largest IPO and come as soon as ... ( read original story ...)
Chinese Real Estate Billionaire Scrambles To Raise Cash As Debts Reach $123 Billion
Hui Ka Yan is finally taking steps to reduce the massive debt pile at his property developer China Evergrande Group, but the costs of doing so are piling up rapidly. ( read original story ...)
China’s ByteDance proposes TikTok IPO in bid to woo White House
TikTok IPO on would be one of technology sector's biggest-ever share sales and would dilute Chinese owner's stake. ( read original story ...)
Tesla challenger Evergrande plans Shanghai stock offering in rush for capital to fund electric car ambitions
China Evergrande is seeking to raise money from onshore stock investors to fund the group’s capital-hungry electric car venture and fuel its ambition of overtaking Tesla over the next five years.Hong ... ( read original story ...)