International firm’s financial controller conned into transferring funds into Singapore bank account after crooks took control of CFO’s email. ( read original story ...)
China’s central bank says Ant’s IPO suspension is to safeguard consumer, investor interests
The decision to suspend Ant Group's planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior ... ( read original story ...)
Chinese video-sharing app Kuaishou files for IPO as new leaders emerge in the industry
The fickle Chinese consumer has latched onto a set of new preferences for watching videos, a trend investors and media giants are tapping into. ( read original story ...)
Kuaishou files for Hong Kong IPO as world’s second-biggest short video app joins march of Chinese tech companies to raise funds
Valued at more than US$30 billion in its most recent funding, Kuaishou chose to list in Hong Kong as the United States government increased its censorship of Chinese firms and especially technology ... ( read original story ...)
Inside the Chaotic Unraveling of Jack Ma’s $35 Billion IPO
The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world. ( read original story ...)
Hong Kong’s latest inflation-linked bonds are oversubscribed, attract US$5 billion from investors dejected by Ant IPO suspension
Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors. ( read original story ...)
HSBC, Bank of China (HK) pocket up to US$3.2 million in fees from Ant’s IPO loans, even as brokers waive charges on halted stock sale
HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group's suspended initial public offering (IPO) in Hong Kong, will pocket up to HK$25 million (US$3.2 million) in interest ... ( read original story ...)
Here’s How Ant Can Rise Again After That IPO Shock
(Bloomberg Opinion) -- Ant Group Co. will survive the 11th-hour suspension of its blockbuster $35 billion listing in Shanghai and Hong Kong if the company can learn from its technology peers. If there ... ( read original story ...)
HSBC, BOCHK to pocket up to US$3.2 million in interest income from loans for halted Ant IPO, even as smaller lenders waive charges
HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group’s suspended IPO in Hong Kong, will pocket up to HK$25 million in interest income, after opting not to waive interest ... ( read original story ...)
Hong Kong long term interbank rates drop to nine-year low after Ant IPO pulled
Long term Hong Kong dollar interest rates reached nine-year lows on Thursday after the suspension of Ant Group's record dual listing in the city and on Shanghai's STAR Market left the former British ... ( read original story ...)
Blockbuster IPO Delays, What Happens To Fintech And Ant Exactly?
Chinese authorities have cited “major issues” for halting the IPO, but major issues do not show up this late in the game. ( read original story ...)
China just suspended Ant Group’s $34 billion IPO, the largest in history. Here’s how the company was spun out of Jack Ma’s Alibaba and has transformed the global fintech market.
Regulators found "major issues" with Ant's listing, a move that comes after Chinese banks have taken issue with Ant for veering into their business. ( read original story ...)
Derailing of Jack Ma’s Ant IPO Shows Xi Jinping’s in Charge
China’s move to abruptly halt the world’s biggest stock-market debut sends global investors a clear message: Any financial opening will only be done on terms that benefit President Xi Jinping and the ... ( read original story ...)
Got an HSBC account? It’s time to show your support for the people of Hong Kong
Following a reported 35 per cent fall in its quarterly profits, HSBC has announced that it might have to start charging its customers for basic services such as current accounts British customers ... ( read original story ...)