Alibaba Group Holding Ltd.’s U.S.-traded shares slid as much as 6.7% premarket after the Shanghai stock exchange said it suspended Ant Group Co.’s $35 billion listing. ( read original story ...)
Shanghai stock exchange suspends Ant Group listing
The Shanghai Stock Exchange is suspending first-day trading in Ant Group on the Shanghai stock exchange just before its scheduled listing Thursday. The exchange is citing changes in the financial ... ( read original story ...)
Ant Group’s Lead IPO Sponsor CICC Rises 31% in Shanghai Debut
One of the key investment banks responsible for Ant Group Co.’s initial public offering soared on its own trading debut in Shanghai. ( read original story ...)
China’s CNOOC and Sinopec issue first LNG tenders on Shanghai gas exchange
China National Offshore Oil Corp (CNOOC) SASACY.UL and Sinopec Corp issued the first tenders to buy liquefied natural gas on the Shanghai Petroleum and Natural Gas Exchange when the bourse launched ... ( read original story ...)
METALS-Shanghai copper hits 1-month low as U.S. election, virus spark caution
Shanghai copper on Monday hit its lowest in more than a month, while London prices fell to a level unseen in more than two weeks, as caution grew amid rising coronavirus cases and on uncertainty ahead ... ( read original story ...)
Shanghai could be the world’s biggest IPO market this year. But holding that title will be tough
Shanghai is on track to steal the global IPO crown this year, bolstering a drive by Beijing to reduce its reliance on foreign financial markets and giving China a powerful one-two fundraising punch ... ( read original story ...)
A 5-story building in Shanghai ‘walks’ to new location
Shanghai residents passing through the city's eastern Huangpu District earlier this month might have stumbled upon an unusual sight: a 'walking' building. ( read original story ...)