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 ...)
Citic, CICC to thrive in 2023 as Chinese stock market recovery boosts brokerage revenues
The industry, whose biggest players include Citic Securities and CICC, will probably post a 21 per cent profit increase this year, CCB International predicts Average daily turnover in the onshore ... ( read original story ...)
No plans for IPO, Ant Group tells Reuters
The wait is two years on Shanghai's Nasdaq-style STAR market, and one year in Hong Kong. Ant's US$37 billion IPO in Hong Kong and Shanghai, which would have been the world's largest, was cancelled at ... ( read original story ...)
Ant Group says no plan for IPO, focusing on business optimisation
China's fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters. ( read original story ...)
Jack Ma: The tycoon who soared on China’s tech dreams but grounded by regulators
Jack Ma, the unconventional billionaire founder of tech giant Alibaba and the totem of China's entrepreneurial brilliance, has stepped out of the limelight since a Communist Party crackdown that ... ( read original story ...)
Canadian Solar resumes plans to list shares in Shanghai
Module manufacturer Canadian Solar first submitted an application for an initial public offering in June 2021. ( read original story ...)
Tesla Stock Sinks To 29-Month Low—But One Analyst Says It Remains On The ‘Right’ Track
Elon Musk must appoint a new Twitter CEO and promise to stop selling Tesla stock to end Tesla’s “unrelenting selloffs,” according to Wedbush’s Dan Ives. ( read original story ...)