A person walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, July 10, 2023, in Tokyo. Asian shares got the week off to a slow ... ( read original story ...)
Shanghai luxury home prices under pressure as affluent worry about economy, with some buyers asking for discounts of 15 pc
The downward spiral for luxury homes in the commercial and financial hub has added to bearish sentiment in China’s real estate market, with economic worries lingering. ( read original story ...)
Ant’s share repurchase plan values firm around $79 bln, down sharply before crackdown
Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), as the management seeks to replenish its staff incentive pool and let some ... ( read original story ...)
Ant Group gets ‘very manageable’ $984 million fine as China ends tech crackdown that thwarted world’s biggest IPO
it may take longer than anticipated to resume an IPO. Companies can’t list domestically on the country’s so-called A-share market if they have had a change in control in the past three years — or in ... ( read original story ...)
Alibaba’s Ant Group Accepts Fine, Could An IPO Be Next, Week In Review
Asian equities ended a down week lower in advance of US employment data this morning. ( read original story ...)
China Ends Tech Crackdown With Fines on Tencent, Ant Group
Chinese regulators imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown on the sector that had wiped out billions in market ... ( read original story ...)
Stock market today: Asian shares fall as strong US data dash hopes for an end to rate hikes
Asian shares have slipped after another decline on Wall Street, where hopes for an end to interest rate hikes have been dashed by strong economic data ... ( read original story ...)