Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of cash, in recent years she has done almost all her business using the digital ... ( read original story ...)
SAIC Volkswagen Kicks Off World’s First Pure MEB Plant for Electric Cars
A joint venture between Volkswagen and Shanghai's SAIC Motor has opened the world's first factory that solely uses the German partner's modular electric drive matrix platform to make electric vehicles ... ( read original story ...)
Jack Ma-led Ant set to raise nearly $35bn in biggest IPO
Jack Ma’s Ant Group is set to raise about $34.5 billion through initial public offerings (IPOs) in Shanghai and Hong Kong. This would be a blockbuster listing that will rank as the biggest IPO ever ... ( read original story ...)
Chinese fintech could shatter records with $35B share offer
The world’s largest fintech company, China’s Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records. ( read original story ...)
Ant Group could raise nearly $35B in record share offering
China’s Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. ( read original story ...)
RPT-EXCLUSIVE-Ant may raise up to $17 bln in Shanghai IPO leg as investors submit bids, say sources
China's Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world's largest ever, after some large investors submitted bids in the range of 68-69 ... ( read original story ...)
China stock traders look for boost from Xi Jinping-led Communist Party meeting as UBS, JPMorgan pick sweet spots
Stocks rose by 4.7 to 9.2 per cent a month after the plenum in 2015, compared with a range of losses and tiny gains in the preceding four gatherings since the Shanghai Stock Exchange ... at HSBC ... ( read original story ...)