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Month: March 2021

Posted on 02/03/2021

Ant Group says it will help employees monetize shares and commits to listing after canceled IPO

Eric Jing, executive chairman of Ant Group, said the company will find a "short-term liquidity solution" for employees and committed to an IPO. ( read original story ...)

Posted on 02/03/2021

Ant Group tells staff it hopes to resume IPO, as Beijing finalises new rules for digital lenders

Ant Group has told employees that it was hopeful of eventually resuming its initial public offering (IPO), and that before this materialises it was working on a plan to provide a solution for staff ... ( read original story ...)

Posted on 02/03/2021

BRICS bank loans China billions for post-epidemic recovery

SHANGHAI, March 2 (Xinhua) -- The BRICS New Development Bank (NDB) announced Tuesday that it approved 7 billion yuan (about 1.08 billion U.S. dollars) of emergency assistance program loans to support ... ( read original story ...)

Posted on 02/03/2021

Any fintech firms should meet regulatory capital adequacy requirement within 2 years: China banking regulator

Guo Shuqing, chairman of China Banking and Insurance Regulatory Commission (CBRIC ... Earlier, the dual IPOs of Ant Group of Alibaba was suspended by Shanghai and Hong Kong stock exchanges on November ... ( read original story ...)

Posted on 02/03/2021

‘cosmetea’ pop-up shop by nax appears as reflective time tunnel on the streets of shanghai

nax architects designed a pop-up shop, for tea cosmetics brand cosmetea, emerging as a reflective time tunnel on the streets of shanghai. the commission involved transforming a st ... ( read original story ...)

Posted on 02/03/2021

World’s largest planetarium to begin trial operations in Shanghai

The Shanghai Planetarium, a branch of the Shanghai Science and Technology Museum, is scheduled to begin trial operations in June, local authorities have said. Located in the Pudong New Area, the ... ( read original story ...)

Posted on 02/03/2021

Tesla Giga Shanghai poised for more expansion with likely new land acquisition

Tesla appears to be setting the stage for the expansion of its business in China, with the company seemingly poised to utilize another plot of land adjacent to Gigafactory Shanghai. The updates came ... ( read original story ...)

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