Shares in Kuaishou Technology surged in gray-market trading ahead of its Hong Kong debut, after investors placed about $370 billion of orders for the $5.4 billion deal. ( read original story ...)
Exclusive: China’s Ant to hive off credit data in revamp; sees IPO in 2 years – sources
Ant Group Co plans to spin off its consumer-credit data operations, people with knowledge of the matter said, a concession to aggressive regulators that should help the Chinese fintech giant get its ... ( read original story ...)
Kuaishou seen rallying 170 per cent in Hong Kong IPO windfall that Ant Group failed to deliver for retail investors
Kuaishou, Hong Kong’s hottest-ever retail stock offering, is set to hand investors a massive windfall based on pre-trading prices in the gray market, according to data published by local brokerages. ( read original story ...)
UPDATE 1-SWIFT sets up JV with China’s central bank
SWIFT, the global system for financial messaging and cross-border payments, has set up a joint venture with the Chinese central bank's digital currency research institute and clearing centre, a move ... ( read original story ...)
IMAX China to Announce Full-Year 2020 Financial Results and Host Conference Call
IMAX China Holding, Inc. ("IMAX China," HKSE: 1970) today announced it will hold a quarterly conference call to discuss its full-year 2020 financial results on Thursday, March 4, at 7:00 p.m. Eastern ... ( read original story ...)
Tesla starts V3 supercharger production at new Shanghai factory
The company’s supercharger factory in Shanghai, built next to its Gigafactory 3 in the Lingang free-trade zone, will churn out 10,000 charging stations a year. ( read original story ...)
China bat caves need exploring in search for COVID origins, WHO team member says
A member of the World Health Organization-led team searching for clues to the origins of COVID-19 in the central Chinese city of Wuhan said work was needed to try to trace genetic elements of the ... ( read original story ...)