Bank executives from Shanghai to San Francisco are bracing for a tsunami of missed payments and defaults, underscoring just how far the global economy has to go to recover from the pandemic. ( read original story ...)
China’s Huatai joins chase to bank rich retail investors trading offshore
China's Huatai Financial Holdings has big plans for a billion-dollar overseas push, said chief executive Levin Wang - it aims to overtake top players like Futu Holdings in the fast-growing market for ... ( read original story ...)
Xi’s Radical Stock Market Reforms Shield China Firms From U.S
A plan by President Xi Jinping hatched in late 2018 to liberalize China’s constrained stock market and prevent home-grown tech firms from flocking to New York is turning out to be a prescient move. ( read original story ...)
Jack Ma’s Ant Group, valued at US$200 billion, to kick start concurrent IPOs in Shanghai and Hong Kong, bypassing New York
Ant Group, which operates the online payment platform for the world's largest e-commerce company, is kicking off the process for simultaneous stock offerings in Shanghai and Hong Kong, extending a ... ( read original story ...)
Alipay owner Ant Group eyes dual IPOs in Shanghai and Hong Kong
Ant Group Co., the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning initial public offerings in Hong Kong and Shanghai, bypassing ... ( read original story ...)
Alibaba’s Ant Group fires starting gun on dual listing in Hong Kong, Shanghai
In late March, the Shanghai Stock Exchange, operator of the STAR Market ... However, in recent years it has emphasised its technology prowess amid increased regulatory scrutiny of financial risk. It ... ( read original story ...)
Ant Financial to float in dual Shanghai-Hong Kong listing
Alibaba's payments arm Ant Financial has started the process of a concurrent initial public offering in Shanghai and Hong Kong. ( read original story ...)