Lufax, one of China's largest online wealth management platforms backed by financial giant Ping An Insurance Group , is seeking a U.S. initial public offering as early as this ... ( read original story ...)
Hong Kong reports record daily rise in coronavirus cases
Hong Kong reported 113 new coronavirus cases on Wednesday, a daily record, including 105 that were transmitted locally, adding to a slew of new cases which have hit the global financial hub over the ... ( read original story ...)
Hong Kong banking, postal, and Inland Revenue services reduced starting July 20
The government has announced new measures effective from today, July 20, that affect Hong Kong’s postal service, including the temporary closure of post offices, the reduction of mail delivery to ... ( read original story ...)
HSBC ‘spying on clients for Hong Kong protest links’
HSBC is among banks that are said to have been scrutinising whether their customers in Hong Kong have links with the territory’s democracy movement.Several big banks with wealth management operations ... ( read original story ...)
China Market Update – Is Didi Chuxing, China’s Uber Slayer, Joining The Hong Kong IPO Hit Parade?
Asian equities had a strong session thanks to positive coverage of vaccine trials and a rally in US technology. Ant Group’s IPO news came out after the close in Hong Kong on Monday, which meant that ... ( read original story ...)
Alibaba’s Ant Group plans Shanghai, Hong Kong IPOs
Alibaba Group has kicked off IPO proceedings for its mobile payment business, Ant Group, in Hong Kong and Shanghai, where it reportedly is eyeing a $200 billion valuation. The listings are touted, ... ( read original story ...)
Hong Kong stocks head for biggest gain in two weeks following Ant Group’s listing
Tech stocks led the charge in Hong Kong after Ant Group, which operates the Alipay online payment platform for the world’s largest e-commerce company, moved to dual list in city and mainland, and Hang ... ( read original story ...)
Company shuns Wall Street IPO amid US-China tensions
One of China's biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny ... ( read original story ...)
Jack Ma’s Ant Group chooses Hong Kong and Shanghai for IPO
One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)
Hongkong banking, postal, and Inland Revenue services reduced starting July 20
The government has announced new measures effective from today, July 20, that affect Hong Kong’s postal service ... Other facilities like banks which include HSBC, Standard Chartered, Bank of China, ... ( read original story ...)
UK will ‘bear the consequences’ for Hong Kong decision, China warns
Ambassador to London calls extradition treaty suspension ‘blatant’ interference in Chinese affairs and a contravention of international law ... ( read original story ...)
Jack Ma’s newest venture is planning a $200 billion IPO — and it could be the largest public offering in history
Ant Group's public offering would bypass a New York listing as tensions rise between the US and China. ( read original story ...)
Jack Ma’s fintech Ant Group is planning a massive dual-listing IPO in Shanghai and Hong Kong, skipping New York
One beneficiary of the Ant IPO? Jack Ma's Alibaba, which acquired a 33% stake in the fintech company in 2019 after spinning it off years earlier. ( read original story ...)
Jack Ma’s Ant Financial chooses Hong Kong and Shanghai for IPO
One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)