China’s Ant Group, controlled by billionaire Jack Ma, is facing growing scrutiny for offering retail investors access to its $30bn share sale through an exclusive arrangement on its own mobile ... ( read original story ...)
Exclusive: Chinese regulatory probe delays approval for Ant’s IPO, sources say
China's securities regulator is probing a potential conflict of interest in fintech giant Ant Group's planned $35 billion stock listing, delaying approval for what could be the world's largest IPO, ... ( read original story ...)
Ant Group’s $35B IPO delayed by Chinese regulator scrutiny – Reuters
Reuters sources say the China Securities Regulatory Commission is investigating Ant Group (NYSE:BABA) for a potential conflict of interest.The regulator is looking into the role of Ant's payment ... ( read original story ...)
China Stock Market Set To Add To Its Winnings
The China stock market has finished higher in back-to-back sessions, surging more than 140 points or 4.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,360-point ... ( read original story ...)
China stock market tops US$10 trillion for first time since 2015
Chinese domestic equities are worth more than US$10 trillion (S$13.6 trillion) for the first time since 2015, when a record crash erased half the market's value in months and saddled millions of ... ( read original story ...)
U.S. should try to delay IPO of China’s Ant Financial, Rubio says
Senator Marco Rubio, who has successfully urged the Trump administration to pursue probes into Chinese companies, called on Friday for the U.S. government to consider options to delay an initial ... ( read original story ...)
Ant Group Taps Millions of Its Own Users for Early-Bird IPO Funds
Ant Group is nearing a pair of stock sales in Hong Kong and Shanghai that could raise more than $30 billion in total, making it the largest IPO in history. Ant Group Co. has deployed a novel approach ... ( read original story ...)