Bankers have slashed Ant’s valuation from $280bn to as low as $78bn as it is slammed with myriad restrictions. ( read original story ...)
Jack Ma’s Terrible Year Ends With Uncertainty Over Ant Group’s Record IPO
Jack Ma, founder of Ant Group, finds himself in a situation where the registration for Ant's $35 billion initial public offering is set to officially expire Wednesday after China snuffed out the ... ( read original story ...)
Qingdao Foods’s IPO to debut on Shenzhen Stock Exchange
Qingdao Foods (001219) to start trading on the Shenzhen Stock Exchange's Main Board Oct 21, tomorrow. The firm has issued 22.20 mln shares priced at RMB 17.2 per share raising RMB 381.84 mln. Its ... ( read original story ...)
Jack Ma’s Terrible Year Ends With Ant Group IPO Stuck in Limbo
A year later, with the registration for Ant’s $35 billion IPO set to officially expire Wednesday, the optimism from that gathering has faded away. Bankers say they’ve stopped ... ( read original story ...)
China Stock Market Has Green Light For Wednesday’s Trade
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had retreated more than 45 points or 0.6 ... ( read original story ...)
China central bank injects 100 billion yuan via reverse repos
China's central bank increased its short-term fund injection on Wednesday by offering 100 billion yuan (US$15.67 billion) through seven-day reverse repos into the banking system.The People's Bank of C ... ( read original story ...)
Ant’s Record IPO Remains in Limbo a Year After China Crackdown
A year later, with the registration for Ant’s $35 billion IPO set to officially expire Wednesday, the optimism from that gathering has faded away. Bankers say they’ve stopped ... ( read original story ...)