Category: BUSINESS

China's shock suspension of Ant Group's record $37 billion listing in a last-minute regulatory ambush looks set to hit the financial technology giant's growth prospects and cut into its valuation. The ... ( read original story ...)

Ant Group challenged China's state-dominated banking system by delivering easy-to-use payments, borrowing and investing to hundreds of millions of smartphones across the country. On Tuesday, Chinese ... ( read original story ...)

Rolling coverage of the latest economic and financial news ... ( read original story ...)

China International Capital Corp surged 33% in its debut on the Shanghai stock exchange on Monday as investors bet the country's fifth-biggest securities firm will benefit from a government push to ... ( read original story ...)

Huawei has been put on Entity List by the United States in May last year but the restrictions on the Chinese giant have tightened a few months ago, making it almost impossible for the company to make ... ( read original story ...)

JPMorgan will own 71% of its Chinese securities joint venture after completing the transaction to buy a 20% stake from one of its local partners, according to an exchange filing on Monday. The deal, ... ( read original story ...)

Financial Times sources claim Huawei is planning a dedicated chip factory in Shanghai that would make parts for its core telecom infrastructure business. It would be run by a partner, the city-backed ... ( read original story ...)