China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what ... ( read original story ...)
Some investors lukewarm on China’s Ant Group if IPO is revived after revamp
Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong. Even before news of the revamp, sources told Reuters ... ( read original story ...)
Leshi, once hailed as ‘China’s Netflix’, and founder Jia Yueting hit with fines worth US$73.6 million in China for financial fraud
Fines come after Jia’s EV start-up FF, which has merged with a blank-cheque company, attempts to raise money in US The China Securities Regulatory Commission (CSRC) had fined the company 240.6 million ... ( read original story ...)
First-quarter IPOs confirm vibrant market sentiment
There were 100 IPOs on China's A-share market in the first three months, up 96 percent year-on-year, which raised 76.1 billion yuan ($11.6 billion), down 3 percent year-on-year. Among them, 57 ... ( read original story ...)
Dior Shows Pre-Fall Collection in Shanghai
The sparse concrete interior of Shanghai’s Long Museum was transformed into an unlikely disco scene for the 1,000 guests invited to see Dior’s Pre-Fall 2021 collection last night. The occasion marked ... ( read original story ...)
Swiss watch expo switches to Shanghai after virtual debut
Geneva's international expo of fine watches switches to Shanghai on Wednesday for a physical version after staging an online edition to keep the prestigious fair going during the pandemic. The Salon ... ( read original story ...)
China Stock Market May Take Further Damage On Tuesday
(RTTNews) - The China stock market has moved lower in back-to-back trading days, sinking almost 70 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,410-point ... ( read original story ...)