Ant Group, which is still controlled by Alibaba founder Jack Ma, reported a more than 1,000% jump in profits in the first half of 2020. ( read original story ...)
Ant Group files for IPO in Hong Kong and Shanghai
The crown jewel of the sprawling Alibaba (NYSE:BABA) empire, Ant Group - formerly known as Ant Financial - has filed for an IPO on the Shanghai stock exchange's STAR market and the Hong Kong stock ... ( read original story ...)
Company shares soar on ChiNext debut under new IPO rules
SHANGHAI • Shares of 18 companies surged on their ChiNext debut yesterday, kicking off a historic reform that will see Shenzhen officially challenge Shanghai for tech listings, while adding fuel to a ... ( read original story ...)
ChiNext IPO debutant soars nearly 3,000 per cent on revamped tech board, but analysts fear speculative trading could hurt reforms
Medical equipment maker Contec Medical Systems surged by 2,932 per cent on the first day of trading, with other 17 debutants all soaring, after the CSRC scrapped the daily cap on ChiNext IPOs. ( read original story ...)
China Stock Market May Challenge Resistance At 3,400 Points
(RTTNews) - The China stock market on Friday halted the two-day losing streak in which it had fallen almost 90 points or 2.9 percent. The Shanghai Composite Index now sits just above the 3,380-point ... ( read original story ...)
Asian stock markets follow Wall Street higher
Asian stock markets rose Monday after Wall Street hit a new high despite lingering unease about a possible second wave of coronavirus infections. Benchmarks in ... ( read original story ...)
Tesla Stock Soars Despite Plunging China Registrations
Tesla stock (TSLA) is still soaring today even though registrations for its vehicles made in China plunged in July. It seems a price target increase from an analyst and a five-for-one stock split are ... ( read original story ...)