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Category: FINANCE

Posted on 12/03/2021

China’s Ant Group Issues Financial Self-Discipline Rules on Tighter Regulatory Oversight

The rules, the first of their kind released publicly by the financial technology giant, comes some four months after China suspended the group’s $37 billion plan for a share listing in both Shanghai ... ( read original story ...)

Posted on 12/03/2021

Ant Group publishes financial self-discipline rules amid tougher Chinese scrutiny

China's Ant Group flagged a set of financial self-discipline rules on Friday amid intense scrutiny on its activities by authorities and the country's overall tightening of financial technology ... ( read original story ...)

Posted on 12/03/2021

Coupang, the Amazon of South Korea, sees its shares pop in mega US IPO

Coupang, South Korea's biggest e-commerce company, has pulled off the largest US initial public offering so far this year. ( read original story ...)

Posted on 12/03/2021

China’s Ant publishes financial self-discipline rules amid tougher scrutiny

The publication of the rules, the first of their kind released by the group, comes some four months after China suspended the financial technology giant’s $37 billion plan for a share listing in both ... ( read original story ...)

Posted on 12/03/2021

UPDATE – Pinduoduo to Report Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results on …

SHANGHAI, China, March 11, 2021 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (“Pinduoduo”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the fourth quarter and fiscal ... ( read original story ...)

Posted on 12/03/2021

China Stock Market Has Solid Lead For Friday’s Trade

The China stock market on Thursday wrote a finish to the five-day slide in which it had retreated more than 210 points or 6.3 percent. The Shanghai Composite index now sits just beneath the ... ( read original story ...)

Posted on 12/03/2021

What is behind China’s US$1.4 trillion stock market rout, what are officials saying and can we expect a bailout?

Mainland Chinese stocks have gone from world beaters to a wreck in a space of two months. Lofty valuations and policy risks abound. Speculation on state intervention or bailout could follow, given ... ( read original story ...)

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