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Month: November 2020

Posted on 06/11/2020

Origin Wireless partners with Murata to expedite adoption of smart WiFi sensing in automobiles

Origin™ is a wireless sensing company whose award-winning ... SEE ALSO: Ant Group's record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with China regulators ... ( read original story ...)

Posted on 06/11/2020

Live cat and dog arcade machines in Shanghai mall spark controversy

Live dogs and cats were put into arcade machines as prizes for customers in a shopping mall in eastern China's Shanghai on November 3. In the video, shot in Meng Zhi Long Shopping Mall, several cats ... ( read original story ...)

Posted on 06/11/2020

Ant Group to refund $2.8 trillion in Shanghai IPO bids

After a surprise IPO suspension, Ant Group will soon refund retail investors in Shanghai who had bid a total $2.8 trillion on its public offering. ( read original story ...)

Posted on 06/11/2020

HSBC, Bank of China (HK) pocket up to US$3.2 million in fees from Ant’s IPO loans, even as brokers waive charges on halted stock sale

HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group's suspended initial public offering (IPO) in Hong Kong, will pocket up to HK$25 million (US$3.2 million) in interest ... ( read original story ...)

Posted on 05/11/2020

Asia-Pacific Shares Rise Ahead of US Election Results Led by Surge in Hong Kong, South Korea

Hong Kong’s Hang Index soared to its highest close in more than three months on Thursday and China A-shares gained. ( read original story ...)

Posted on 05/11/2020

UPDATE 1-Hang Seng notches 16-week closing high as Biden odds improve; Shanghai up

Hong Kong’s Hang Seng Index soared to its highest close in more than three months on Thursday and China A-shares gained as U.S. election results showed a firming lead for Democratic challenger Joe ... ( read original story ...)

Posted on 05/11/2020

Ant Group fiasco reflects battle for China’s financial soul

SHANGHAI, Nov 5, 2020 (AFP) – China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant ... ( read original story ...)

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