With that increase, FII edged out video surveillance product supplier Hangzhou Hikvision Digital Technology Co. as the tech stock with the largest market cap among yuan-denominated A shares listed in Shanghai and Shenzhen. Investors have been upbeat about ... ( read original story ...)
Ant Financial raises $14 billion in world’s largest-ever single fundraising
SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. ( read original story ...)
Foxconn Industrial Internet Soars in Shanghai Debut
“Chinese investors trust Terry Gou as a manager,” he said. “A lot of other companies listed in Shanghai are riskier than FII.” Read more: iPhone Czar Seeks $4.3 Billion IPO to Emerge From Apple’s Shadow Still, investors had voiced caution ahead ... ( read original story ...)
China’s Ant Financial raises $14 billion to bolster global push
SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, said on Friday it had raised around $14 billion from investors including Singapore’s sovereign fund and U.S. private equity firm Warburg ... ( read original story ...)
Shanghai Symphony signs China’s first orchestra record deal
Deutsche Grammophon on Thursday announced a recording contract with the Shanghai Symphony Orchestra in a first global label deal for a Chinese orchestra. Led by China's most celebrated conductor Long Yu, the Shanghai Symphony Orchestra will premiere on the ... ( read original story ...)
New Shanghai sperm bank uses genetic mutation screening
A human sperm bank that uses genetic screening on donors started trial operations in Shanghai, according to China Science Daily today, Xinhua reports. Located at the Obstetrics and Gynecology Hospital of Fudan University in Shanghai, the new sperm bank ... ( read original story ...)
Tencent, Geely team up with China Railway to provide train wifi
Wifi access is already available on China's new-generation Fuxing bullet trains on the Shanghai-Beijing line. The companies will increase the number of wifi hotspots throughout the high-speed rail network and develop an online platform that offers ... ( read original story ...)