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 ...)
Billionaire Jack Ma plans to cede control of China’s Ant Group: WSJ
A regulatory crackdown scuppered its US$37 billion IPO 2020 and led to a forced restructuring. Read more at straitstimes.com. ( read original story ...)
China Stock Market May Reclaim 3,300-Point Level
The China stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had ... ( read original story ...)
Billionaire Jack Ma to cede control of financial tech giant Ant Group
A regulatory crackdown that scuppered its $37 billion IPO in 2020 led to a forced restructuring of the financial technology behemoth. ( read original story ...)
Billionaire Jack Ma to cede control of financial tech giant
A regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a forced restructuring of the financial technology behemoth. ( read original story ...)
Shanghai Data Exchange Partners With Banks, Firms to Speed Market Development
The Shanghai Data Exchange has signed cooperation agreements with 12 banks and digital economy-related companies to accelerate development of the data market and support the establishment of China’s ... ( read original story ...)
Industrial Bank Gets a Boost as Fujian Government Expands Its Stake
The finance department of the Fujian provincial government will invest between 500 million yuan and 1 billion yuan over six months starting Tuesday buying the bank’s shares on the open market in ... ( read original story ...)