Shanghai launched 64 new projects with a combined investment of 273.4 billion yuan ($42.2 billion) on Monday, involving high-end industries, scientific and technological innovation, infrastructure, ... ( read original story ...)
Jack Ma hasn’t been seen in public since Ant Group’s IPO was pulled. Here’s how Chinese regulators slammed the breaks on the firm’s would-be record-breaking $37 billion IPO.
Experts told Business Insider that Jack Ma's incendiary comments blasting China's banking rules played a role in the nation's crackdown on Ant's IPO. ( read original story ...)
China Equities Break Above Resistance Levels, Didi Hong Kong IPO Possible
Mainland investors were very active in Hong Kong stocks today, buying $1.74 billion worth of Hong Kong stocks as Southbound Connect trading accounted for 15.6% of Hong Kong turnover. ( read original story ...)
Global financial centres may be losing their grip
A balanced legal and regulatory framework, sustainable domestic economy, robust political system, developed infrastructure, strategic locations are a part of an International Financial Services Centre ... ( read original story ...)
Nongfu Spring, Blue Moon and Smoore – popular IPOs that provided outsized gains to investors in 2020
The success of Nongfu’s IPO turned its founder into China’s richest individual, while the chairwoman of Blue Moon became one of the mainland’s richest women. ( read original story ...)
China’s stock market rally masks shaky pillars amid earnings downgrades, price cuts and policy headwinds
China’s stock market may be powering into the new year on shaky foundation as analysts downgrade earnings and Beijing dials back policy support, according to some fund managers. ( read original story ...)
China’s Banking and Insurance Regulatory Commission Orders All Local Firms to Investigate their Fintech Businesses
China's Banking and Insurance Regulatory Commission orders all local firms to investigate their Fintech businesses. ( read original story ...)