TAIPEI -- Foxconn Industrial Internet, a unit of Hon Hai Precision Industry, jumped 44% in its Shanghai Stock Exchange debut on Friday, increasing in value to 390 billion yuan ($60.92 billion) on the Chinese A-shares market. FII’s market value is now the ... ( read original story ...)
Hon Hai subsidiary starts strong on Shanghai Stock Exchange
With that increase, FII edged out video surveillance product supplier Hangzhou Hikvision Digital Technology Co. as the tech stock with the largest market cap among yuan-denominated A shares listed in Shanghai and Shenzhen. Investors have been upbeat about ... ( read original story ...)
Ant Financial raises $14 billion in world’s largest-ever single fundraising
SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. ( read original story ...)
Foxconn Industrial Internet Soars in Shanghai Debut
“Chinese investors trust Terry Gou as a manager,” he said. “A lot of other companies listed in Shanghai are riskier than FII.” Read more: iPhone Czar Seeks $4.3 Billion IPO to Emerge From Apple’s Shadow Still, investors had voiced caution ahead ... ( read original story ...)
China’s Ant Financial raises $14 billion to bolster global push
SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, said on Friday it had raised around $14 billion from investors including Singapore’s sovereign fund and U.S. private equity firm Warburg ... ( read original story ...)
New Shanghai sperm bank uses genetic mutation screening
A human sperm bank that uses genetic screening on donors started trial operations in Shanghai, according to China Science Daily today, Xinhua reports. Located at the Obstetrics and Gynecology Hospital of Fudan University in Shanghai, the new sperm bank ... ( read original story ...)
Shanghai sperm bank rejects overweight, hair loss donors
A sperm bank at a Shanghai university rejects would-be donors who are overweight or suffer from hair loss. Fudan University's sperm bank, the second in Shanghai, officially opened on Wednesday, news site thepaper.cn reported. Posting a list of requirements ... ( read original story ...)