Tag: finance

Ant Group’s blockbuster IPO was poised to be a major milestone for a homegrown champion. But officials in Beijing have had other ideas. The Shanghai Stock Exchange announced late on Tuesday (Nov. 3) ... ( read original story ...)

China halted Ant Group Co.’s $35 billion share sale, shocking investors who’d lined up for a piece of what was expected to be the world’s biggest initial public offering. ( read original story ...)

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 ...)

A supervisory meeting and changes in regulatory technology environment have disqualified Ant Group from listing on the exchange. ( read original story ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

HSBC Hong Kong completed a pilot digital trade finance transaction for Smart Chain whose ERP system has been integrated with eTradeConnect. ( read original story ...)

Hong Kong’s newfound position as the market of choice for huge Chinese stock sales is being put to the test by Ant Group Co. ( read original story ...)

Retail investors will no longer be allowed to trade on virtual-asset exchange platforms under proposed new rules which will also require all operators to be licensed by the watchdog, government ... ( read original story ...)

While excess liquidity is not a problem in most parts of the world right now, Hong Kong’s open capital borders and pegged currency make it vulnerable to fund flows in and out of the city. ( read original story ...)

Hong Kong’s central bank is expected to sell extra debt to soak up liquidity as funds return to the financial system following Ant Group Co.’s initial public offering. ( read original story ...)