By Keith Zhai, Julie Zhu and Cheng LengSINGAPORE/HONG KONG/BEIJING, Nov 5 (Reuters) - They say talk is cheap. Tell that to Jack Ma.Corporate ... ( read original story ...)
HSBC, Bank of China (HK) pocket up to US$3.2 million in fees from Ant’s IPO loans, even as brokers waive charges on halted stock sale
HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group's suspended initial public offering (IPO) in Hong Kong, will pocket up to HK$25 million (US$3.2 million) in interest ... ( read original story ...)
UPDATE 1-Hang Seng notches 16-week closing high as Biden odds improve; Shanghai up
Hong Kong’s Hang Seng Index soared to its highest close in more than three months on Thursday and China A-shares gained as U.S. election results showed a firming lead for Democratic challenger Joe ... ( read original story ...)
Ant Group fiasco reflects battle for China’s financial soul
SHANGHAI, Nov 5, 2020 (AFP) – China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant ... ( read original story ...)
World’s Largest IPO Delays, What Happens To Fintech And Ant Exactly?
Chinese authorities have cited “major issues” for halting the IPO, but major issues do not show up this late in the game. ( read original story ...)
China Stock Market Expected To Add To Its Winnings
(RTTNews) - The China stock market has moved higher in back-to-back trading days, advancing almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the ... ( read original story ...)
Was the Ant Financial IPO Delayed by a Regulatory Clampdown?
Chinese regulators and executives of Ant Financial have issued a joint statement announcing a temporary delay in the Chinese fintech giant's ... ( read original story ...)