Billionaire Jack Ma’s Ant Group is said to be seeking a valuation of about $250 billion as it plans a dual listing in Hong Kong and Shanghai, which could raise at least $35 billion. The ... ( read original story ...)
Ant Group’s IPO reportedly faces delays as Chinese regulator conducts a probe
Alibaba’s affiliate Ant Group is seeking to raise US$35 billion in a dual listing in Hong Kong and Shanghai as early as this month ... s Listing Committee on September 24 and then launch the IPO after ... ( read original story ...)
Breakingviews – Ant’s IPO delay flags a recurring headache
Technology firms, particularly finance-focused ones in China, are used to operating at the cutting edge of regulation. But overconfidence is always a risk, as Chinese fintech champion Ant ... ( read original story ...)
Value of China’s stock market hits all-time high above $10tn
The total value of China’s stock market has climbed to a record high of more than $10tn, as the country’s accelerating economic recovery propelled it past the previous peak hit during an equities ... ( read original story ...)
Ant’s Pending IPO Hit By Controversy Over Share Sale On Alipay
Ant Group, a China-based payments platform, is facing regulatory delays in its highly-anticipated IPO amid growing unease over its handling of its share sale. ( read original story ...)
Chinese regulatory probe delays approval for Ant’s $35bn IPO
China’s securities regulator is probing a potential conflict of interest in fintech giant Ant Group’s planned $35bn stock listing, delaying approval for what could be the world’s largest IPO, three ... ( read original story ...)
Supporting Low-carbon City Development in Shanghai
The World Bank-financed Green Energy for Low-carbon City in Shanghai Project scaled up low-carbon investments in buildings in Shanghai, mainly its Changning District. ( read original story ...)