Shares traded in Shanghai closed marginally up, buoyed by insurance and banking stocks, as other Chinese mainland markets lost ground. The Shanghai Composite Index ended 0.2 percent higher today at 3, ... ( read original story ...)
China’s Fintech Giants Scramble to Rethink IPOs, Raise Capital
Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. ( read original story ...)
Asia-Pacific shares mixed as market rally pauses; Xiaomi’s stock drops despite stellar earnings
Pacific were mixed on Wednesday trade as a recent rally bolstered by coronavirus vaccine hopes and reduced uncertainty in U.S. politics paused. ( read original story ...)
JD Health IPO helps cure Hong Kong market blues after Ant
Ant Group had been set to raise up to $39.6 billion in a dual listing in Hong Kong and Shanghai -- with the Hong ... but Chinese regulators halted the IPO shortly before trading was due to start. ( read original story ...)
JD’s Logistics Unit Weighs IPO at $40 Billion Valuation
JD.com Inc.’s logistics unit is considering an initial public offering that could raise at least $5 billion, according to a person familiar with the matter. ( read original story ...)
The Ant Financial IPO Is Xi Jinping’s Latest Battle With Big Business
Chinese Premier Xi Jinping personally made the decision to block Ant Group's IPO two weeks ago, according to The Wall Street Journal. The Chinese fintech's public ... ( read original story ...)
JD Health to raise $4 billion in Hong Kong’s largest IPO of 2020: sources
JD Health, the healthcare arm of Chinese e-tailer JD.com Inc, aims to raise up to $4 billion in Hong Kong's largest initial public offering (IPO) of 2020, three people with direct knowledge of the ... ( read original story ...)