The industry, whose biggest players include Citic Securities and CICC, will probably post a 21 per cent profit increase this year, CCB International predicts Average daily turnover in the onshore ... ( read original story ...)
No plans for IPO, Ant Group tells Reuters
The wait is two years on Shanghai's Nasdaq-style STAR market, and one year in Hong Kong. Ant's US$37 billion IPO in Hong Kong and Shanghai, which would have been the world's largest, was cancelled at ... ( read original story ...)
End of zero Covid overwhelms Shanghai’s hospitals
The abrupt lifting of restrictions has led to an unprecedented wave of infections in China, putting the healthcare system under pressure. ( read original story ...)
Ant Group says no plan for IPO, focusing on business optimisation
China's fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters. ( read original story ...)
China’s Visa and Passport Backlog Obstructs Business Travel Reboot
The situation on the ground in China isn’t ideal as the country readies to remove its travel restrictions this weekend. The head of one major corporate ... ( read original story ...)
Inbound passengers arrive in Shanghai after China enters new phase of COVID response
Passengers go through entry procedures at Shanghai Pudong International Airport in east China's Shanghai, Jan. 8, 2023. From Sunday, China starts managing COVID-19 with measures designed for combating ... ( read original story ...)
Jack Ma cedes control of Shanghai-listed financial software firm Hundsun Technologies amid Ant Group restructuring
Ma, who indirectly held 20.72 per cent of the voting power in Hundsun Technologies, will no longer have control over the company The tech billionaire bought a controlling share of Hundsun in 2014, the ... ( read original story ...)