Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu” or the “Company”), a world-leading hotel group, today announced that Mr. Teo Nee Chuan will resign as chief financial officer of the ... ( read original story ...)
China Is Probing Ant’s Speedy Listing Process After Halting IPO
Chinese authorities are probing the speed with which Ant Group Co.’s ill-fated listing was approved, according to people familiar with the matter. ( read original story ...)
Chinese fund managers cut stock holdings to nine-month low as policy and valuation risks abet US$32.4 billion loss
Mutual fund managers in China trimmed their stock holdings to 75.9 per cent last quarter, the lowest level since mid-2020. The made a combined loss of 210 billion yuan (US$32.4 billion) amid concerns ... ( read original story ...)
LAIX Inc. Announces Fourth Quarter and Full Year 2020 Unaudited Financial Results
LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its ... ( read original story ...)
Ant IPO-approval process under investigation by Beijing
Beijing is investigating how Jack Ma won speedy approvals for his Ant Group Co.’s stock listing last year, according to people with knowledge of the matter, signaling that state actors are getting ... ( read original story ...)
China’s Bike-Sharing Giant Hello Inc. Targets $100 Million With Nasdaq IPO
Hello Inc. is heading for a public listing in the U.S. with an initial fundraising target of $100 million. The bike-sharing platform, backed by Alibaba’s Ant Group, has submitted a prospectus to the U ... ( read original story ...)
Press conference on ‘From cradle of the Party to maker of new miracles: How Shanghai inherits Party traditions to promote high quality development’
Speakers: Gong Zheng, deputy secretary of the CPC Shanghai Municipal Committee and mayor of Shanghai. Chen Yin, member of the Standing Committee of the CPC Shanghai Municipal Comm ... ( read original story ...)