(Image: REUTERS) Share Market News Today | Sensex ... largely positive after Wall Street equity indices closed in the green on Friday. Asian Stock markets, except Shanghai Composite and Hang Seng, ... ( read original story ...)
Loss Ballooned At China Tavern Chain Helens Amid Lockdowns
Helens International Holdings, the operator of China’s largest chain of bars at the time it went public in Hong Kong last September, said on Friday evening its loss in the first six months of 2022 ... ( read original story ...)
Billionaire Jack Ma plans to cede control of China’s Ant Group
Chinese Billionaire Jack Ma plans to cede control of China's Ant Group after a regulatory repression suppressing its IPO. ( read original story ...)
Maersk Says Shanghai Cargo Volumes Are Returning to Normal
By Dominic Chopping Danish shipping giant A.P. Moeller-Maersk AS said Friday that cargo volumes through Shanghai are returning to pre-lockdown levels ... ( read original story ...)
Shanghai Index Forecast: China Central Bank to the Rescue?
The Shanghai index has moved sideways in the past few days as investors continue worrying about the Chinese economy. ( read original story ...)
Ant Group IPO set for further delay as Jack Ma plans to give up control
Jack Ma is planning to give up control of Ant Group, a change that would further delay the Chinese financial technology giant’s plans to launch an initial public offering. Ma’s retreat comes after ... ( read original story ...)
What It Would Take for Jack Ma’s Ant to Reboot an IPO
Chinese regulators torpedoed Ant Group Co.’s would-be record initial public offering, sending shock waves across global capital markets. New rules have been slapped on the fintech giant, which has ... ( read original story ...)