A plan by President Xi Jinping hatched in late 2018 to liberalize China’s constrained stock market and prevent home-grown tech firms from flocking to New York is turning out to be a prescient move. ( read original story ...)
Jack Ma’s Ant Group, valued at US$200 billion, to kick start concurrent IPOs in Shanghai and Hong Kong, bypassing New York
Ant Group, which operates the online payment platform for the world's largest e-commerce company, is kicking off the process for simultaneous stock offerings in Shanghai and Hong Kong, extending a ... ( read original story ...)
Alipay owner Ant Group eyes dual IPOs in Shanghai and Hong Kong
Ant Group Co., the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning initial public offerings in Hong Kong and Shanghai, bypassing ... ( read original story ...)
Alibaba’s Ant Group fires starting gun on dual listing in Hong Kong, Shanghai
In late March, the Shanghai Stock Exchange, operator of the STAR Market ... However, in recent years it has emphasised its technology prowess amid increased regulatory scrutiny of financial risk. It ... ( read original story ...)
Ant Financial to float in dual Shanghai-Hong Kong listing
Alibaba's payments arm Ant Financial has started the process of a concurrent initial public offering in Shanghai and Hong Kong. ( read original story ...)
After SMIC’s stellar debut, Chinese AI chip maker Cambricon Technologies soars 350 per cent in Shanghai
Cambricon’s gains make it the seventh-largest company on the Star Market, but it is unlikely to post profit until 2022 amid rapidly increasing R&D expenses. ( read original story ...)
Tomorrow Group-linked shares tumble after China seizes affiliated financial firms
Shares in two companies with connections to troubled Chinese conglomerate Tomorrow Holdings Co Ltd slumped on Monday after regulators seized control of nine firms affiliated with the group. ( read original story ...)