Hong Kong’s Hang Seng Index soared to its highest close in more than three months on Thursday and China A-shares gained as U.S. election results showed a firming lead for Democratic challenger Joe ... ( read original story ...)
Ant Group fiasco reflects battle for China’s financial soul
SHANGHAI, Nov 5, 2020 (AFP) – China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant ... ( read original story ...)
World’s Largest IPO Delays, What Happens To Fintech And Ant Exactly?
Chinese authorities have cited “major issues” for halting the IPO, but major issues do not show up this late in the game. ( read original story ...)
China Stock Market Expected To Add To Its Winnings
(RTTNews) - The China stock market has moved higher in back-to-back trading days, advancing almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the ... ( read original story ...)
Was the Ant Financial IPO Delayed by a Regulatory Clampdown?
Chinese regulators and executives of Ant Financial have issued a joint statement announcing a temporary delay in the Chinese fintech giant's ... ( read original story ...)
China halts Ant’s record IPO, throwing a financial empire into turmoil
It was heralded as China's answer to JPMorgan -- a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. Instead, with billions on the line and an initial ... ( read original story ...)
Ant Group’s record $34.5B IPO has been delayed in Shanghai and Hong Kong, here’s why
Ant Group was supposed to list the biggest IPO in history on Thursday, but plans have been canceled. CNBC's Eunice Yoon reports why and what's next. ( read original story ...)