China called a sudden halt to the world’s biggest initial public offering, casting uncertainty over the future of fintech giant Ant Group and delivering an extraordinary rebuke to its controlling ... ( read original story ...)
Ant Group’s record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with China regulators
A supervisory meeting and changes in regulatory technology environment have disqualified Ant Group from listing on the exchange. ( read original story ...)
Hong Kong short sellers foiled by calm October now wait for US election slump for payoff
Short sellers are hoping to thrive in a market gripped by anxieties surrounding the US election outcome. Bets against technology companies failed in October after some of them reached record highs. ( read original story ...)
China Market Update: Ant IPO Delay – Key Considerations
Ant Group’s Shanghai and Hong Kong IPOs have been postponed. This past weekend Jack Ma made several remarks about financial regulators and banks stifling financial innovation at the Bund Summit. ( read original story ...)
Ant Group IPO Suspended in Hong Kong And Shanghai; Alibaba Shares Slump
Shanghai Stocks Exchange officials have suspended Ant Group's $37 billion IPO, the biggest on record, following changes to the digital payment company's information filing. ( read original story ...)
China exempt from Hong Kong’s new 14-day hotel quarantine
Hong Kong is requiring all overseas travelers to quarantine at a hotel for 14 days, with the exception of mainland China, after a mainland Chinese woman tested positive for the coronavirus in Hong ... ( read original story ...)
Hong Kong and Shanghai suspends Ant Group’s record $34.5 billion IPO
Ant Group’s world record-setting initial public offering in Shanghai and Hong Kong has been suspended. CNBC's David Faber and Eunice Yoon report. ( read original story ...)
Journalist arrested in Hong Kong as security crackdown widens
Hong Kong’s police have arrested a journalist who reported on allegations that law enforcement failed to protect civilians from a group of thugs, a move set to spread fear through the territory’s ... ( read original story ...)
All arrivals except those from China will have to quarantine in a hotel, Hong Kong says, as city records 9 new Covid-19 cases
Anyone arriving in Hong Kong from countries other than China must from November 13 undergo the mandatory 14-day quarantine in a hotel to reduce the risk of spreading Covid-19 at home. The city ... ( read original story ...)
Ant Group’s $37 billion listing suspended in Shanghai and Hong Kong
Ant Group's $37 billion listing has been suspended in both Shanghai and Hong Kong in a dramatic move just two days before what was set to be the world's largest-ever stock market debut. ( read original story ...)
Yuen Long attack: Hong Kong journalist who investigated police is arrested
Hong Kong police have arrested a journalist who helped investigate suspected police involvement in a violent attack on protesters last year. Choy Yuk-ling's employer, broadcaster RTHK, said the arrest ... ( read original story ...)
Hong Kong reverses course on cryptocurrencies with retail ban
Hong Kong looks to stop retail investors from buying and selling cryptocurrencies, as well as require operators of exchanges for such trading to be licensed. The city said the move would bring its ... ( read original story ...)
Market debut of Chinese e-finance giant Ant postponed
The planned stock market debut of the world's biggest online finance company, Ant Financial was suspended in Shanghai and Hong Kong, disrupting a record-setting $34.5 billion initial public offering ... ( read original story ...)
Ant Group’s record $34.5 billion IPO in Shanghai and Hong Kong suspended
Chinese regulators have suspended the listing of Ant Group in Shanghai as part of its world record-setting initial public offering (IPO). ( read original story ...)