Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its ... ( read original story ...)
Covid-19 vaccine hopefuls scramble for stock market funds
CureVac, which said earlier this week that it planned to raise up to $245m on Nasdaq to accelerate the development of its Covid-19 vaccine, is expected to price its initial public offering after the ... ( read original story ...)
China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire
China's central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day ... ( read original story ...)
Largest Chinese IPO of 2020 KE Holdings bags biggest billion-dollar pop since 2000
China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion in the largest US IPO from a Chinese issuer since 2018 and posted the best first-day pop for a ... ( read original story ...)
Chinese firms flood into U.S. IPOs despite delisting threat
Beike follows Xpeng, an electronic-vehicle maker, which has filed for an IPO. Lufax, an online wealth ... Yingzhi Yang in Beijing and Shanghai Newsroom; Editing by William Mallard Our Standards ... ( read original story ...)
In China, fears of financial Iron Curtain as U.S. tensions rise
A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system - a devastating prospect ... ( read original story ...)
Covid-19 vaccine hopeful doubles on China stock market debut
Shares in a pharmaceutical group that is developing a coronavirus vaccine alongside China’s military more than doubled on their trading debut, as investors brushed aside longstanding doubts over ... ( read original story ...)