These mobile payment codes are the default way money changes hands in China these days, and the reason Ant Group's initial public offering is set to be the world's largest. Support our journalism. ( read original story ...)
Tesla Shanghai Factory Has Already Achieved Impressive Scale
The new factory has ramped up to significant production volumes, aiding the electric-car maker's growth story. ( read original story ...)
World’s biggest IPO shows power of mobile payments in China
Unlike Alibaba’s IPO in 2014, Ant Group is passing over Western stock markets at a time of U.S.-China conflict. It is aiming to raise more than $17 billion each in Hong Kong and Shanghai, with ... ( read original story ...)
Ant Group to raise $17.2 bln in Shanghai in China’s biggest IPO
Ant Group Co Ltd 688688.SS on Monday set the price tag for the Shanghai leg of its record-breaking dual-listing at 68.8 yuan ($10.27) per share, the Chinese fintech company said in a stock exchange ... ( read original story ...)
SAIC Volkswagen Kicks Off World’s First Pure MEB Plant for Electric Cars
A joint venture between Volkswagen and Shanghai's SAIC Motor has opened the world's first factory that solely uses the German partner's modular electric drive matrix platform to make electric vehicles ... ( read original story ...)
Ant’s Record IPO To Lift Jack Ma’s Fortune By $27 Bln, Mint 18 Billionaires
Ant Group’s world-record-beating IPO will lift the fortune of China Internet heavyweight Jack Ma by $27 billion and create at least 18 other billionaires, according to pricing announced by the company ... ( read original story ...)
China financial-tech giant shoots for record IPO
The world's largest fintech company, China's Ant Group, will try to raise nearly $35 billion in a massive public offering of stock t ... ( read original story ...)