The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Banking Leads Chinese Shares to Higher Open
China’s mainland stock markets opened higher this morning as the banking sector surged. The Shanghai Composite Index opened 0.29 percent higher at 3,418.16, while the Shenzhen Component Index rose ... ( read original story ...)
Commentary: Shanghai and Shenzhen, vital cities in China’s next phase of growth
By recognising and investing in the strengths of pioneering cities and regions, China has developed a mechanism for advancing its economic ... ( read original story ...)
HSBC weighs exit from U.S. retail banking – FT
HSBC (NYSE:HSBC) is considering exiting the retail banking business in the U.S. in a move that would reallocate resources to more profitable businesses in Asia, the Financial Times reports, citing two ... ( read original story ...)
HK exchange unveils plans to expand mutual market access
Hong Kong Exchanges and Clearing Limited (HKEX) on Friday announced specific plans to expand the Stock Connect, a landmark mutual market access program connecting Hong Kong and mainland equity markets ... ( read original story ...)
IPO Launch: Jowell Global Seeks U.S. IPO For Expansion Plans
Shanghai, China-based Jowell was founded to develop a membership-based online platform to sell products directly to consumers as well as facilitate third parties to operate their own online stores. ( read original story ...)
Jowell Global Seeks IPO For Retail Expansion
Jowell Global has filed proposed terms to raise $26 million in an IPO. The firm sells beauty, health and household products online and offline in China. ( read original story ...)