ShanghaiBiZZ

TAIPEI -- Foxconn Industrial Internet, a unit of Hon Hai Precision Industry, jumped 44% in its Shanghai Stock Exchange debut on Friday, increasing in value to a record high of 390 billion yuan ($60.92 billion) on the Chinese A-shares market. FII’s market ... ( read original story ...)

TAIPEI -- Foxconn Industrial Internet, a unit of Hon Hai Precision Industry, jumped 44% in its Shanghai Stock Exchange debut on Friday, increasing in value to 390 billion yuan ($60.92 billion) on the Chinese A-shares market. FII’s market value is now the ... ( read original story ...)

With that increase, FII edged out video surveillance product supplier Hangzhou Hikvision Digital Technology Co. as the tech stock with the largest market cap among yuan-denominated A shares listed in Shanghai and Shenzhen. Investors have been upbeat about ... ( read original story ...)

SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. ( read original story ...)

“Chinese investors trust Terry Gou as a manager,” he said. “A lot of other companies listed in Shanghai are riskier than FII.” Read more: iPhone Czar Seeks $4.3 Billion IPO to Emerge From Apple’s Shadow Still, investors had voiced caution ahead ... ( read original story ...)

SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, said on Friday it had raised around $14 billion from investors including Singapore’s sovereign fund and U.S. private equity firm Warburg ... ( read original story ...)