Tag: banking

China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what ... ( read original story ...)

Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong. Even before news of the revamp, sources told Reuters ... ( read original story ...)

Fines come after Jia’s EV start-up FF, which has merged with a blank-cheque company, attempts to raise money in US The China Securities Regulatory Commission (CSRC) had fined the company 240.6 million ... ( read original story ...)

There were 100 IPOs on China's A-share market in the first three months, up 96 percent year-on-year, which raised 76.1 billion yuan ($11.6 billion), down 3 percent year-on-year. Among them, 57 ... ( read original story ...)

(RTTNews) - The China stock market has moved lower in back-to-back trading days, sinking almost 70 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,410-point ... ( read original story ...)

The impact is especially pronounced on the Shanghai Stock Exchange's STAR market, where 88 companies, including some of China's most promising unicorns, have suspended or canceled planned initial ... ( read original story ...)

Lexus will unveil an updated ES sedan at Auto Shanghai 2021 which kicks off in China's financial hub on April 19. The updated ES is due to go on sale later this year as a 2022 model, and while we know ... ( read original story ...)