Ant Group's $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential ... ( read original story ...)
China Market Update: Lufax Holdings Looks To Capitalize On Ant Group’s Fintech Interest With An NYSE Listing
Things should pick up tonight with Stock Connect, Shanghai, and Shenzhen reopening ... We strive to provide innovative, first to market strategies that have been developed based on our strong ... ( read original story ...)
Stock market breadth gain momentum, unemployment claims data ahead
Over in Asia, the stock market had another mixed session. The Shanghai index dropped 0.21%. The HSI stock index also moved lower by 0.65%, while the Korean Kospi soared 0.57%. The Nikkei index ... ( read original story ...)
Chinese wealth management giant Lufax files for U.S. IPO
Lufax, which is backed by financial giant Ping An Group, plans to list on the New York Stock Exchange under the ticker "LU." ... ( read original story ...)
China Is Launching the Largest IPO in History. Here’s Why It’s a Problem | Opinion
Ant Group is most notably a provider of financial technology that is known for its Alipay platform and is partially owned by Alibaba, the " Amazon of China ." The IPO is expected to launch in October ... ( read original story ...)
HK stocks rise ahead of Ant Group IPO, defy U.S. stimulus gloom
Hong Kong shares edged higher on Wednesday, shrugging off a weaker finish in Wall Street after U.S. President Donald Trump halted stimulus negotiations with lawmakers, with investors focusing on the ... ( read original story ...)
Citi Appointed as Depositary Bank for China Yangtze Power’s GDR Program
Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by China Yangtze Power Co., Ltd. ("CYPC") – one of the largest listed hydropower companies in the world, established ... ( read original story ...)