After a surprise IPO suspension, Ant Group will soon refund retail investors in Shanghai who had bid a total $2.8 trillion on its public offering. ( read original story ...)
Asia-Pacific Shares Rise Ahead of US Election Results Led by Surge in Hong Kong, South Korea
Hong Kong’s Hang Index soared to its highest close in more than three months on Thursday and China A-shares gained. ( read original story ...)
Qualcomm forecasts strong first quarter as Apple, others ramp up 5G phones
Qualcomm Inc forecast fiscal first-quarter revenue above Wall Street estimates on Wednesday as it predicted sales of 5G smart phones would balloon ... ( read original story ...)
JOKE! China SHOCKER! Retail investors horrified as government halts Jack Ma led Ant Group IPO
Mom-and-pop investors who put in bids worth a record $3 trillion in China`s Ant group - equivalent to Britain`s annual economic output - were stunned after regulators abruptly suspended what would ... ( read original story ...)
Diplomats in Shanghai discuss their preparation for third CIIE to take place amid epidemic
The third China International Import Expo (CIIE) will be held in Shanghai from November 5 to 10 as scheduled despite the impact of COVID-19 outbreak. The Global Times interviewed 12 foreign diplomats ... ( read original story ...)
Ant Group’s record $34.5 billion IPO in Shanghai and Hong Kong is suspended
The Shanghai Stock Exchange said "significant issues" led to the suspension of what would have been Ant Group's record-setting IPO. ( read original story ...)
Shanghai Shocker: Alibaba Plunges After Exchange Halts Ant Listing
Shares in Alibaba plunged by more than 9% in early trading in New York this morning after exchanges in Shanghai and Hong Kong suspended the expected dual listing of its financial services affiliate ... ( read original story ...)