Jack Ma's Ant Group is seeking to raise at least US$35 billion (S$47.4 billion) in its initial public offering (IPO) after assessing early investor interest, people familiar with the matter said, ... ( read original story ...)
China Stock Market May Hand Back Friday’s Gains
The China stock market on Friday wrote a finish to the two-day slide in which it had retreated more than 25 points or 0.7 percent. The Shanghai Composite Index now sits just beneath the 3,340-point ... ( read original story ...)
Shanghai now fourth-ranked financial center in world
Shanghai is expected to play an increasingly important role as a financial center thanks to China's commitment to and efforts in the continuous reform and opening up, experts have said. According to ... ( read original story ...)
China’s Stock Bulls Spark a Decoupling in Market Prices
Some mismatch between a company’s shares listed on China’s mainland and their counterparts in Hong Kong isn’t unusual. But the growing gulf is creating a strange situation where companies can ... ( read original story ...)
Are new People’s Bank of China rules an anti-Ant thing?
This is where the central bank’s curious sense of timing – its announcement coming just as Ant Group readies itself for what could be a world-record $30 billion IPO, done jointly in Hong Kong and ... ( read original story ...)
Ant Group gets the green light for mega IPO in Shanghai’s Star Market as China pulls out all stops to help tech champions raise funds
Shanghai’s speedy approval of Ant Group’s IPO paperwork showcases China’s eagerness to attract fast-growing technology companies to its markets as it competes with the US for technological supremacy. ( read original story ...)
China’s ByteDance proposes TikTok IPO in bid to woo White House
TikTok IPO on would be one of technology sector's biggest-ever share sales and would dilute Chinese owner's stake. ( read original story ...)