Marco Rubio, a top Republican senator 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 ... ( read original story ...)
China’s Ant: As US election nears, financial giant rushes for IPO
“It is highly unlikely that U.S financial institutions will be banned from doing ... the demand-supply equation with Ant as the listings are focused on Hong Kong and Shanghai, Parameswaran said. ( read original story ...)
China to issue 10 mln digital yuan in first public test
SHANGHAI, Oct 9 (Reuters) - China’s central bank is issuing 10 million yuan ($1.5 million) worth of digital currency to 50,000 randomly selected consumers in what some see as the country’s first ... ( read original story ...)
China’s stock market reopens with a bang on economic data, Hang Seng Index subdued on virus concerns
China’s stock market reopened with a bang in early trading on economic recovery outlook. The Hang Seng Index was subdued amid concerns about new measures to contain rising Covid-19 infections. ( read original story ...)
Ping An Insurance-backed fintech unicorn Lufax files for US stock offering
Lufax Holding, the operator of one of China's biggest online wealth management platform, filed to go public in the US market, the latest Chinese company to shrug off concerns about worsening relations ... ( read original story ...)
Chinese funds targeting Ant IPO draw $9B from millions of retail investors
Five new Chinese funds targeting the giant upcoming IPO of Ant Group (NYSE:BABA) sold out in days and have cumulatively raised 60B yuan - about $8.93B - from more than 10M retail investors. ( read original story ...)
China funds targeting Ant IPO rake in $9 billion from over 10 million investors
Five newly launched Chinese funds targeting Ant Group's upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out within ... ( read original story ...)