Ant Group Co Ltd 688688.SS on Monday set the price tag for the Shanghai leg of its record-breaking dual-listing at 68.8 yuan ($10.27) per share, the Chinese fintech company said in a stock exchange ... ( 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 ...)
Ant’s Record IPO To Lift Jack Ma’s Fortune By $27 Bln, Mint 18 Billionaires
Ant Group’s world-record-beating IPO will lift the fortune of China Internet heavyweight Jack Ma by $27 billion and create at least 18 other billionaires, according to pricing announced by the company ... ( read original story ...)
China financial-tech giant shoots for record IPO
The world's largest fintech company, China's Ant Group, will try to raise nearly $35 billion in a massive public offering of stock t ... ( read original story ...)
The U.S.-China cold war is coming to financial markets
"This was the first time such a big listing ... was priced outside New York City," Ant Group founder Jack Ma said. ( 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 ...)
China Stock Market Tipped To Extend Losing Streak
The China stock market has finished lower in four straight sessions, sliding more than 75 points or 2.5 percent along the way. The Shanghai Composite Index now sits just above the 3,250-point plateau ... ( read original story ...)