Shanghai Stocks Exchange officials have suspended Ant Group's $37 billion IPO, the biggest on record, following changes to the digital payment company's information filing. ( read original story ...)
China Suspends Jack Ma’s Ant Group Shanghai IPO After Warning
China has suspended the Shanghai leg of Ant Group Co.’s $35 billion offering, potentially derailing the world’s biggest initial public offering. ( read original story ...)
Alibaba Falls After Ant Group’s Shanghai Listing is Suspended
Alibaba Group Holding Ltd.’s U.S.-traded shares slid as much as 6.7% premarket after the Shanghai stock exchange said it suspended Ant Group Co.’s $35 billion listing. ( read original story ...)
Shanghai stock exchange suspends Ant Group listing
The Shanghai Stock Exchange is suspending first-day trading in Ant Group on the Shanghai stock exchange just before its scheduled listing Thursday. The exchange is citing changes in the financial ... ( read original story ...)
Huawei reportedly plans to build a manufacturing plant in Shanghai
Huawei chairman Guo Ping told employees the company had a plan to free the world from the tight grip Google has on the ... ( read original story ...)
China shares end higher, boosted by financial, material stocks
Chinese shares ended higher on Tuesday, led by gains in material and financial stocks, as investors bet more on a swift economic recovery from the pandemic and upbeat sales outlook for new energy cars ... ( read original story ...)
Shanghai’s role as global financial hub sure to expand
Given the huge focus on the novel coronavirus pandemic, one story that has gone relatively underreported this year has been the continued rise of Shanghai as an international financial center. The ... ( read original story ...)